PRNewswire – Weingarten Realty Investors announced today Target will be the anchor store for its Ridgeway Trace development in Memphis. Weingarten Realty recently sold 10.1 acres to Target to develop a store which is expected to open in March 2009.
Ridgeway Trace is located at the intersection of Poplar Avenue and I-240 and will be the first retail development of this size in east Memphis in more than 30 years.
The 26-acre project will include an additional 150,000 square feet of retail space with a mix of “lifestyle tenants and national retailers.” The center could include a national bookstore and a national home electronics retailer.
Ridgeway Trace is scheduled to open in spring 2009, with the development being handled from Weingarten’s Atlanta regional office.
