And another major anchor isn't far behind, reports MichaelGartenberg, director of leasing for the Short Hills, NJ-basedGarden Commercial. Construction will start this fall for Wal-Mart,which will combine with Lowe's to occupy almost 300,000 sf, aboutequally divided between the two. The Wal-Mart is expected to openin the middle of next year.


"These are significant milestones in this development,"Gartenberg says. "The opening of Lowe's and Longhorn are the firstof several additional stores that we anticipate to open this fall.There is currently a limited amount of retail and office spaceavailable."


Rising on the former site of the Flemington Fairgrounds andSpeedway at Routes 31 and 523 in this Hunterdon County community,Raritan Town Square has a reported price tag of $75 million. Thefinished product will include an entertainment and civic center,along with a central green space with walking paths.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.