KANSAS CITY, KS-Kohl’s Department Stores Inc. is wasting no time moving forward with expansion plans for 2010. The retailer, which plans to open 30 new stores and remodel 65 locations in the next 12 months, has inked a deal to purchase space at The Plaza at the Speedway in Kansas City, KS.

According to a report in the Kansas City Business Journal, Kohl’s will open a 64,250-square-foot facility becoming one of the 850,000-square-foot shopping center’s anchor tenants.

A 184,000-square-foot WalMart Supercenter has already opened as an anchor on the site. Additionally a 45,000-square-foot Best Buy store is open. The Plaza is being developed by locally-based Block & Co. Inc. Realtors and Chicago-based First National Development.

David Black and Becky Goodman, of Block & Co., brokered the deal. The sale terms were not released.

As GlobeSt.com reported earlier in the year, Kohl’s broadened its expansion plan after positive third quarter numbers. Initially the company had planned to open 20 new stores and remodel 65 locations, but increased the total number of new stores to 30, with additional openings a possibility based on Holiday sales numbers.

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

Once you are an ALM digital member, you’ll receive:

  • 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

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.