Federal Realty Investment Trust (NYSE: FRT) has announced a complete redevelopment of Huntington Shopping Center on Long Island in Huntington Station, NY, including the addition of Whole Foods. A $75M investment will result in updated facades, reconstructed parking lots, new landscaping and walkways, and outdoor seating areas at the Center, which sits adjacent to Walt Whitman Mall on Route 110 in the heart of Huntington’s main retail corridor.
“Bringing Whole Foods to this location jump starts a long-awaited redevelopment of Huntington Shopping Center,” said Mark Brennan, VP of Regional Development at Federal Realty Investment Trust. “With our investment, we’ll reinvigorate the destination and deliver on our aim to provide essential retail at convenient locations with services and shopping to benefit our community.”
This 21-acre community shopping center is home to various national retailers including PetSmart, ULTA, Tilly’s, and Michaels. All current tenants will remain open during construction, and once redevelopment is complete, there will be a total of 277,000 square feet of retail at the site. Two new entrances, one on New York Avenue, and one on Route 110, will improve access for both shoppers and deliveries. Each storefront will be refreshed with updated signage, lighting, and facades. Two new pad sites will be constructed to accommodate up to three tenants each. 90,000 square feet of retail remains available for lease. The redevelopment is expected to be complete in 2024.
Federal Realty’s New York portfolio is currently concentrated on Long Island and provides important conveniences and shopping options to nearby communities. From grocers to pharmacies, fashion, dining and health & beauty, Federal Realty seeks the best-in-class tenants, partnering with a combination of national and regional brands to create neighborhood destinations. Area properties include Fresh Meadows in Queens; the Melville Mall, Greenlawn Plaza, Huntington Shopping Center and Huntington Square in Huntington, Hauppauge Shopping Center in Hauppauge; and Georgetowne Shopping Center in Brooklyn, NY.
For a full gallery of Huntington Shopping Center renderings, please visit: https://www.dropbox.com/sh/lfzs7xi8ts0s6no/AACLh-EMNotqfxAGaNftn8hZa?dl=0
