The BuildCentral Research Desk has compiled a list of construction trends across our suite of products, and we’re going to break them down for you. We’ll get into a brief statistical overview of a prevalent retail construction trend, and then we’ll highlight some sample project reports.
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We’re tracking a number of TJX Companies backfills existing store locations. The off-price department store corporation’s subsidiaries include familiar names like Marshalls, T.J. Maxx, HomeGoods, Sierra, and HomeSense. That TJX Companies backfills ostensibly strategically is hardly unusual, but it is happening on a fairly large scale across the country. Why? Well, partly because TJX has a lot of retail locations nationwide — over 3,000, in fact. While they certainly prioritize some projects over others, working with batches of TJX Companies backfilling projects likely saves significant resources.
Planned Retail from BuildCentral has tracked 15 completed TJX Companies backfills that have been completed within the last six months. Otherwise, BuildCentral is keeping tabs on more than 25 TJX Companies backfill projects that are in planning or under construction. Planned, ongoing, and recently completed TJX Companies backfills account for over 1.3 million square feet of construction.
Which TJX Companies brands have the most planned, ongoing, or recently completed backfill projects tracked by BuildCentral?
T.J. Maxx: 18
HomeGoods: 12
Marshalls: 8
Sierra: 5
HomeSense: 2
Which states have the most planned, ongoing, or recently completed TJX Companies backfill projects tracked by BuildCentral?
Ohio: 5
Virginia: 4
AL, FL, GA, MN, NY, PA, TN: 3
| Construction Type: |
Renovation, Flash Project, Backfill |
Footprint/Building Type: |
Jr. Anchor, Shopping Center |
| Retail Category: |
General Retail |
Chain: |
HomeGoods |
| Estimated Value: |
< $1 million |
Shopping Center Name: |
Doral Square |
| Parking Spaces: |
0 |
Company Retail Chain: |
The TJX Companies, Inc. |
| Location: |
Doral, FL 33166. Doral Square |
| Details: |
Plans call for the renovation and backfill of an existing space to create a 25,800-square-foot retail space. The space will be used for Homegoods. |
| Construction Type: |
Renovation, Backfill |
Footprint/Building Type: |
Enclosed Mall |
| Retail Category: |
General Retail |
Chain: |
HomeSense |
| Estimated Value: |
$1-$5 million |
|
|
| Parking Spaces: |
0 |
Company Retail Chain: |
Simon Property Group, Inc., The TJX Companies, Inc. |
| Location: |
Sunrise, FL 33323. 12801 W. Sunrise Blvd |
| Details: |
Plans call for the renovation and backfill of a 33,710-square-foot space for a HomeSense store. |
| Construction Type: |
Renovation, Flash Project, Backfill |
Footprint/Building Type: |
Jr. Anchor, Shopping Center |
| Retail Category: |
General Retail |
Chain: |
Marshalls |
| Estimated Value: |
< $1 million |
Shopping Center Name: |
Millbrook Plaza |
| Parking Spaces: |
0 |
Company Retail Chain: |
The TJX Companies, Inc. |
| Location: |
Mill Hall, PA 17751. 1 Millbrook Plaza Ln |
| Details: |
Plans call for the renovation and backfill of an existing space at Millbrook Plaza to create a 30,000-square-foot retail space. The space will be used for Marshall’s. |
| Stage: |
Construction |
| Construction Start: |
9/2022 |
| Construction End: |
Q1/2023 |
| Construction Type: |
Renovation, Flash Project, Backfill |
Footprint/Building Type: |
Shopping Center |
| Retail Category: |
General Retail |
Chain: |
Sierra Trading Post |
| Estimated Value: |
< $1 million |
Shopping Center Name: |
Delco Plaza |
| Parking Spaces: |
0 |
Company Retail Chain: |
The TJX Companies, Inc. |
| Location: |
York, PA 17404. 1221 Carlisle Road |
| Details: |
Plans call for the renovation of tenant space for a 16,039-square-foot Sierra store. |
| Stage: |
Completed (past 6 months) |
| Construction Start: |
4/2022 |
| Construction End: |
10/2022 |
| Construction Type: |
Renovation, Flash Project, Backfill |
Footprint/Building Type: |
Multi-Tenant |
| Retail Category: |
General Retail |
Chain: |
T.J. Maxx |
|
|
|
|
| Parking Spaces: |
0 |
Company Retail Chain: |
The TJX Companies, Inc. |
| Location: |
Rehoboth Beach, DE 19971. 19563 Coastal Hwy Suite 2 |
| Details: |
Plans call for the renovation of a 13,466-square-foot retail space to build out a new TJ Maxx store location. |
| Stage: |
Groundbreaking |
| Construction Start: |
12/2022 |
| Construction End: |
Q3/2023 |
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