Larger ShopRite to Anchor New Shopping Center in Cortlandt
The busy ShopRite supermarket on Route 6 in Cortlandt will be getting a larger home when it moves down the road in about two years to a new shopping center being built across from the Cortlandt Town Center.
During a wet ground breaking ceremony Friday for Cortlandt Crossing, Christopher Conlon, executive vice president and chief operating officer of Acadia Realty, revealed ShopRite had signed up to occupy 65,000 square feet of the 173,832-square-foot shopping center—the first major retail complex to be constructed in the town in about 16 years.
“Today couldn’t happen soon enough,” Conlon said. “When we saw this property come up for sale we jumped on it without a plan in place. It’s been a tremendous collaborative experience.”
Acadia Realty acquired the 750,000-square-foot Cortlandt Town Center in 2009. Cortlandt Crossing, which will also feature other yet-to-be announced retailers in the main 120,000-square-foot building and two self-standing structures for possibly a restaurant and a bank, is expected to generate approximately $1 million annually in tax revenue, along with hundreds of construction and permanent jobs.
In addition, Acadia is contributing $8 million for off-site improvements, namely a new traffic signal at the intersection of Route 6 and Baker Street, an extended sewer district that will benefit residents in the Westbrook Drive area and more sidewalks.
“This is a very exciting day,” said Cortlandt Supervisor Linda Puglisi. “This goes back 20 to 25 years when the previous owners wanted to build a shopping center. It took Acadia to get it done. It does take a real team, the Acadia team and the Cortlandt team, to bring this to a reality. We’re looking forward to the ribbon cutting.”
Deb Milone, executive director of the Hudson Valley Gateway Chamber of Commerce, said it’s always exciting to be able to celebrate new commercial ventures.
“It’s a wonderful thing in our community to have businesses expand and open,” she said. “It brings new residents and residents want services. We are so thrilled that this is happening.”
Cortlandt Crossing, which will have a decorative clock tower, is slated to have 816 parking spaces. The existing ShopRite is 50,000 square feet and has been looking to offer more organic and other products at its Cortlandt location but was limited by space, according to Conlon.
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