Bayshore Town Center is planning to kick off the redevelopment of its Sears department store, with construction set to begin on the north end of the shopping center sometime in 2017, TODAY'S TMJ4 partner, The Milwaukee Business Journal is reporting.
In a news release Monday, Bayshore owner Olshan Properties confirmed it will replace the mall's vacant Sears store with 75,000 square feet of retail space that will include tenants like Total Wine & More and other "national branded retailers."
Olshan provided no other details on plans for Bayshore in the press release. The announcement comes with the start of the annual International Council of Shopping Centers RECon retail real estate convention, which is being held in Las Vegas this week.
The Sears store at Bayshore closed in December 2014 and has since sat vacant.
Over the past couple of years, details on what Olshan Properties may be planning for the mall have slowly trickled out. The Sears department store and the northern portion of Bayshore's indoor mall area are expected to be demolished in the redevelopment project; and the addition of market-rate townhouse apartments at the mall and the inclusion of retailers, like Total Wine & More and Nordstrom Rack, had previously been named as possibilities by real estate sources or city of Glendale officials.
Earlier this year, Bayshore began relocating tenants within the mall's north promenade ahead of the redevelopment project.
The Milwaukee Business Journal reached out to Olshan Properties for more details but our request was not immediately returned.
For more Milwaukee business news, visit the Milwaukee Business Journal's website.
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