Capital Development, owned by Bob Blume, and Target have yet toclose the land deal for the store, but the store itself is slatedto be a 125,400 sf. It is scheduled to open in July 2001 and willbe the new anchor of the mall.

If Target Corp. doesn't begin building its 125,000-square-footstore in South Sound Center by late September, however, it may haveto delay opening the store until October 2001. Target's policy isto open stores in March, July or October, the months that precedepeak shopping seasons -- spring, back-to-school and Christmas.

Target is seeking to buy 10 acres from the mall's owner, CapitalDevelopment Co., but must first wait for Capital Development to buya 3-acre parcel from Ira Grant, who owns a neighboring Texacostation. A small portion of Grant's property extends into the areawhere the store would be built, and the pending deal between Grantand Capital Development is the main holdup at this point.