Target Takes Manhattan

Manhattan's first Target is scheduled to open next year at a shopping plaza at 116th Street and the FDR Drive, and experts say it may be just the ticket to kick-start real estate prices in East Harlem. Pictured at left is a rendering of the store, set to open in 2009; an American flag made of steel mesh will wrap the building. The single-level store, one of three Targets currently under construction in New York City, will anchor the 485,000-square-foot shopping center, called East River Plaza. The shopping center will also house two other “big box” stores: a Best Buy and a Marshalls.

Target already has been enthusiastically embraced by New York customers. The company says its Atlantic Terminal store in Brooklyn is one of the busiest Targets in America.