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February 18, 2013

Shopping plaza courts more tenants

Old Navy, Dress Barn, Five Below new to mix

SEABROOK — Old Navy, Lane Bryant, Dress Barn and Five Below could be joining the retail mix in the 500,000-square-foot shopping center planned for Seabrook.

Those national stores are listed along with previously announced HomeGoods, PetSmart, Dick’s Sporting Goods, Michael’s and a super Walmart on a site plan for the new shopping plaza at the intersection of routes 1 and 107.

The latest version of the site plan, a copy of which was recently sent to The Daily News, shows an increase of stores at the retail plaza being built by Ohio-based Developers Diversified Realty — from 10 in recent months to a current total of 15 spots. It also indicates that most of the 15 available storefronts may already be spoken for.

Neither DDR Vice President of Development Jim Grafmeyer, who shepherded the project through its sometimes contentious approval process, nor DDR’s marketing office responded to calls last week concerning the new site plan.

However, the site plan carries the lowercase “ddr” logo of Developers Diversified Realty, which after years of negotiations successfully won approval to develop the shopping mall on 47 acres in town.

Dated Jan. 15, 2012, the new site plan represents the 10th revision to the configuration since first drawn in November 2008. It carries a disclaimer that says it is for “general information purposes only” and “any and all features ... are for illustrative marketing purposes only.” The disclaimer also indicates the plan is “subject to modification without notice” and is “not intended to be relied upon.”

The eighth revision of the plan had shown only 10 retail outlets, ranging in size from 6,000 to 190,365 square feet, which would house the anchor Walmart store.

The latest plan illustrates 15 storefronts ranging in size from 4,250 square feet to Walmart’s 189,564 square feet. “Proposed” leases are identified for another 13 retail spots, with two remaining spaces at 4,250 and 7,774 square feet respectively still available.

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