Trader Joe’s has signed a lease for a 13,800-square-foot store at City Point in Downtown Brooklyn, City Point developers Acadia Realty Trust and Washington Square Partners announced today. The popular discount grocery will open in 2016.
It will be located on the concourse level in the cellar next to the DeKalb Market Hall food court, which will have some two dozen or more food sellers. Previously announced tenants in the massive mixed-use development at 1 Dekalb Avenue include CityTarget, Century21 and Alamo Drafthouse Cinema.
The only other Trader Joe’s in Brooklyn is located on Court Street in Cobble Hill near Atlantic Avenue. There has been speculation the Trader Joe’s might open another location in the Lyceum in Park Slope or an empty bank in Prospect Heights, but no such plans have been announced. In July, Trader Joe’s reportedly signed a lease at an as-yet-unbuilt store at 206 Kent Avenue in Williamsgurg.
City Point is “centrally located,” with access to multiple subway lines and parking, pointed out Washington Square managing partner Paul Travis in the press release emailed to Brownstoner.
The project is under construction. Part of it opened in 2012, including an Armani Exchange, but closed earlier this year for construction.
When complete by 2020, City Point will have residential, retail and office space totaling about 1.8 million square feet. A lottery for affordable housing in the development opened in July.
Previously announced tenants in the large mixed-use development include CityTarget, Century21, Alamo Drafthouse Cinema.
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