Here, we look into Walmart’s and Target’s planned retail construction pipelines and highlight some notable planned and ongoing projects for each of the two superstores.
Chances are that no matter where you live, you’ve got a Walmart and a Target. Go ahead, Google “Walmart near me” or “Target near me,” and check for yourself. If not one near you, it feels more likely that there are two than none. Even so, we looked into planned Walmart and Target construction, and it turns out that both companies have a number of projects in the pipeline. Take a look at what we found.
Texas has nearly three times more planned Walmart construction than any other state, and a third of those projects are concentrated in Dallas alone. Meanwhile, Target’s planned construction is spread across the U.S, with a split between new and renovation projects.
Importantly, the majority of planned and ongoing construction for both Target and Walmart involves renovation or expansion as opposed to the construction of an entirely new store. That said, new Walmarts and Targets are springing up everywhere, but they’re accumulating in some places more than they are in others.
Take the case of Walmart in Texas, for example. At the time of this article’s writing, BuildCentral was tracking 22 planned or ongoing Walmart projects that had been added or updated within the last 90 days in Texas alone. That’s nearly three times more than the second-most active state for planned Walmart construction, Florida. Walmart had seven projects in planning in Dallas alone.
As for Target, we’ve already written about their taste for backfill projects, and that trend doesn’t seem to be going anywhere.
Notable Planned Walmart Construction Projects
This map displays over $250 million in the Walmart planned construction pipeline. (Purple: Under Construction; Yellow: In Planning)
All planned Walmart and Target projects below are listed in order according to estimated project value. Each project was added or updated within the last 90 days, as of 1.25.21. As mentioned earlier, the majority of these planned Walmart projects at the moment are renovations, but we’ve included a mix of new and renovation projects for each retailer.
Walmart — Orlando, Florida
| Project Type/Size: |
Retail/Restaurants (13,817 sq-ft), Retail (14,000 sq-ft), Medical |
| Construction Type: |
New |
| Estimated Value: |
$5-$25 million |
| Sector: |
Private |
| Location: |
Orlando, FL 32825. near 9047 Curry Ford Rd |
| Details: |
Plans call for a new 14,000-square-foot retail space, a 4,200-square-foot clinic, an 11,317-square-foot restaurant, and a 2,500-square-foot quick-service restaurant. This project will take up 4.14 acres of a 22.25-acre parcel that includes the existing 41,586-square-foot Walmart Neighborhood Market store and a nearby 770-square-foot Walmart-brand gas station. |
Walmart — Louisville, Kentucky
| Project Type/Size: |
Retail/Grocery (10,000-24,999 sq-ft) |
| Construction Type: |
Renovation |
| Estimated Value: |
$1-$5 million |
| Sector: |
Private |
| Location: |
Louisville, KY 40291. 7101 Cedar Springs Blvd |
| Details: |
Plans call for interior renovation of an existing Walmart store. |
| Stage: |
Groundbreaking |
| Construction Start: |
Q1/2022 |
| Construction End: |
Q2/2022 |
|
|
Walmart — Dallas, Texas
| Project Type/Size: |
Retail/Grocery (15,358 sq-ft) |
| Construction Type: |
Renovation |
| Estimated Value: |
$1.4 million |
| Sector: |
Private |
| Location: |
Dallas, TX 75228. 7401 Samuell Blvd |
| Details: |
Plans call for renovating 15,358-square-feet of space at an existing Walmart store. |
| Stage: |
Starts in 4-12 months |
| Construction Start: |
Q2/2022 |
| Construction End: |
Q3/2022 |
| Bid Due Date: |
N/A |
Notable Planned Target Construction Projects
Target loves a backfill: Over 60% of Target’s projects are backfills, including a backfill of a former Sears in Hawai’i.
Target — Saint Louis, Missouri
| Project Type/Size: |
Retail/Grocery (70,000 sq-ft) |
| Construction Type: |
New |
| Estimated Value: |
$25-$100 million |
| Sector: |
Private |
| Location: |
Saint Louis, MO 63101. Between Gratiot St and Papin St |
| Details: |
Plans call for the construction of a 70,000-square-foot Target grocery store. The existing building will be demolished. |
| Stage: |
Early Construction |
| Construction Start: |
Q4/2021 |
| Construction End: |
Q2/2023 |
| Bid Due Date: |
N/A |
Target — New York, New York
| Project Type/Size: |
MultiFamily (190 units), Retail/Grocery (28,000 sq-ft) |
| Construction Type: |
New |
| Estimated Value: |
$25-$100 million |
| Sector: |
Private |
| Location: |
New York, NY 10011. 258 8th Ave |
| Details: |
Plans call for the construction of a 12-story mixed use building with a 28,000 square-foot Target occupying the building’s lower levels. Above these floors, the development will house 190 rental apartments and associated amenities. Residential amenity spaces will include a roof-level terrace, an additional terrace on the second floor, a fitness center, a communal lounge, a speakeasy, and a bike room. |
| Stage: |
Starts in 4-12 months |
| Construction Start: |
Q2/2022 |
| Construction End: |
Q3/2023 |
| Bid Due Date: |
N/A |
Target — Kaneohe, Hawai’i
| Project Type/Size: |
Retail/Grocery (128,000 sq-ft) |
| Construction Type: |
Renovation |
| Estimated Value: |
$25-$100 million |
| Sector: |
Private |
| Location: |
Kaneohe, HI 96744. 46-056 Kamehameha Hwy |
| Details: |
Plans call for the remodel of a former Sears Store into a 128,000-square-foot Target grocery store. |
| Stage: |
Early Construction |
| Construction Start: |
Q4/2021 |
| Construction End: |
Q4/2022 |
| Bid Due Date: |
N/A |
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