SPRING HILL — A new Target discount department store is coming to Hernando County.
It is slated to open in July 2009 at the under-construction Suncoast Crossing commercial development on Spring Hill Drive just east of the Suncoast Parkway.
The Minneapolis-based chain recently purchased 11.75 acres in the 53-acre site that will accommodate a total 398,516 square feet of shopping space, said Robert McGarrity, investment manager for developer Regency Centers of Jacksonville. Target is committed to building a 142,129-square-foot store within the complex.
Whether it will be a superstore, with groceries, or a standard store, the company won't yet say. "It would be premature to give further information at this time," a corporate spokeswoman said this week. "Once we're within a year of opening, we'll give more information."
According to information from the Hernando County Property Appraiser's Office, the current Target store in Lakewood Plaza on Commercial Way, built in 1994, tallies 105,467 square feet under roof.
The new Target will count as the village concept development's second anchor. Already signed was Kohl's, the fourth-largest discount department store chain in the country, which has leased more than 10 acres and expects to open a 98,282-square-foot outlet in October.
Target's choice to buy rather than lease is the firm's normal operating procedure, McGarrity said. It makes for a long-term commitment.
He added, "We are pleased that Target will anchor Suncoast Crossing (along with) Kohl's. Major brand retailers and a wide variety of service and retail businesses (will) open along our shop space and outparcels."
McGarrity earlier this year said the search was on for such occupants as a bookstore, dry cleaner, restaurant, shoe store, bank, and a home electronics and appliance store, for instance. This week he was unwilling to say who, if any, had signed leases, but added that as soon as news becomes available, Hernando County is on his telephone speed dial.
Since the development's planning stage, at least one notation has changed. Said McGarrity, "We renamed the shopping center from Shoppes of Spring Hill to Suncoast Crossing in order to better identify the center's proximity to the Suncoast Parkway, the region's major corridor that is now complete and connects Tampa to points north, including all of Hernando County."
Beth Gray can be reached at [email protected]