Springfield Plaza will be home to the city’s first Burlington Coat Factory and Petco stores, according to co-developer Tom Rankin.
Rankin said Burlington Coat Factory, Petco, a second Springfield location of Ross Dress for Less and an undisclosed national shoe store would fill a 90,000-square-foot building currently under development at the $78.5 million, 90-acre planned development near West Bypass and Sunshine Street. The names of the tenants were first reported by
KY3.
“I think it speaks very strongly not only to Springfield Plaza, but to the west part of Springfield,” Rankin said of the tenant signings. “We think they’re going to draw from all over southwest Missouri to come shop.”
Rankin, who’s also managing director of SVN Rankin Co., said Burlington Coat Factory plans to occupy 40,000 square feet of the 90,000-square-foot building, with Ross at 25,000 square feet, Petco at 13,500 and the shoe store at 12,000. The building designed by Buxton Kubik Dodd Creative and being constructed by Morelock-Ross Builders Inc. is expected to wrap in late summer 2017, followed shortly by the opening of the stores. The project recently broke ground. Rankin said concrete slabs have been poured for the 90,000-square-foot building and steel is slated to be delivered next week.
Two national shoe store companies currently are negotiating for the space, he said. The Springfield Plaza developers - led by commercial real estate brokers Rankin and Jeff Childs through Springfield Plaza Real Estate LLC - also plan to add 60,000 square feet to the building once tenants are secured.
Springfield City Council
in October 2015 approved a community improvement district for Springfield Plaza to work in conjunction with a tax increment financing district approved by council in 2013.
Rankin declined to estimate how long it would take to build out the entire Springfield Plaza. An existing BioLife Plasma Services center sits on three acres, and the planned retail center would take up 15 acres, he said.
