Half Price Books Plans Development on Northwest Highway
Half Price Books is partnering with Lincoln Properties to develop the property it owns next to its flagship store on Northwest Highway. The locally-owned bookstore has owned the property for eight years, waiting for the right opportunity to develop it into a complementary retail shopping center. Half Price Books customers in the area have high incomes and high educational attainment. Tenants for the new retail development will appeal to the same market demographic. The center is being marketed to local and national retailers, expecting to secure one large anchor and a few smaller tenants.
Half Price Books is expecting to create a synergy with The Shops at Park Lane just south of the shops at Blackwell St, which will dead end at the new center.
Lincoln Property Co., began marketing the property to retailers this past spring with the goal of opening the center by the second or third quarter next year.
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