The revival of the former Big Kmart facility in Clemmons now includes three new retail tenants at Five Below, Ross Dress for Less and Ulta Beauty.
Wilmington-based Harbor Retail Partners, owner and developer of the property, lists these retailers on its Clemmons real estate website.
Port officials could not immediately be reached to find out when the three stores will open. Ross has placed an “opening soon” sign at its entrance, which is at the north end of the property.
In July 2019, a Harbor subsidiary paid $5.5 million for the building and 10.5-acre site at 2455 Market Center Drive. The property overlooks Lewisville-Clemmons Road. It was Harbor’s first property in the Triad.
The anchor of the mall is the grocery chain Aldi, which opened on November 4. It took 25,260 square feet in the 94,841 square foot building, devoting approximately 12,000 square feet to retail space.
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According to an artist’s rendering, Ross takes up the largest remaining retail space.
This is Ross’ third store in Forsyth County, including those in the Hanes Commons and Oak Summit malls.
Ross Stores Inc. announced plans March 7 to open 75 Ross stores and 25 dd’s Discounts in fiscal 2022.
“We recently raised potential store targets for Ross and dd’s Discounts,” Gregg McGillis, group executive vice president for property development, said in a statement.
“Our return to stronger unit growth in 2022 reflects our belief that Ross can ultimately grow to 2,900 locations and dd’s Discounts can grow into a 700-store chain as consumers continue to focus on value and convenience.”
The chain currently operates 1,952 Ross Dress for Less and dd’s Discounts stores in 40 states, the District of Columbia and Guam.
Five Below and Ulta appear to be taking up similar square footage, with a fourth uncommitted tenant space next to Aldi.
Five Below is also in the Hanes Commons and Oak Summit malls, while Ulta is in Hanes Commons.
The former Big Kmart – the largest retail site in the village since it opened in 1992 – had been inactive since December 2019.
Harbor Director of Asset Management Jim Whelan said in March 2021 that “we are actively negotiating with several other nationally recognized software asset tenants to occupy the remainder of the building,” Whelan said.
Softgoods generally involve clothing, home decorations and accessories, and other personal items.
Whelan said the potential additional tenants were already in Forsyth County, but some weren’t in the Clemmons area or on Hanes Mall Boulevard.
He said some have a retail presence in the northwest but realize another presence in Forsyth would be beneficial.
Whelan said the goal is to have the Clemmons market 100% by 2022.
An outdoor site contains a recently opened Bojangles restaurant. Whelan said there are currently no plans for additional outdoor plots.
Harbor lists three main axes: redeveloping existing shopping centers and/or repositioning or replacing anchor tenants; start-up projects from scratch, usually mixed-use centers anchored in a grocery store; and joint ventures.
“Tenants that will be next to Aldi can play to the strength of the Clemmons market and don’t have to be next to Aldi,” Whelan said. “It’s more important to be at Clemmons.
“We like to think we know the retail markets in North Carolina well, and Clemmons ticked so many boxes for us with population growth, demographics, retail demand and site location in Clemmons, as well as off Interstate 40.
“We thought, and we think many would agree, that the Kmart site was ripe for better and higher use.”