The Prairie Towne Center at Junction and Mineral Point roads is about to get more retail space.
UBS Global has submitted plans with the city’s Urban Design Commission for an 8,000-square-foot multi-tenant building in the parking lot near the Copps food store.
The back of the building would front Junction Road with the front of the building facing the row of retailers to the east. Those businesses include Famous Footwear, Old Navy and Bed, Bath & Beyond. The building would be just north of the Lands’ End store on the west side of the property.
“While the building is highly visible from all four sides, the intended tenant entry will be from the parking lot side of the building,” according to a description of the project from Madison-based Iconica, an architectural, engineering and design firm. “The building is meant to look like it is part of the Prairie Towne Center.”
The shopping center is home to about 165,000 square feet of retail space and is adjacent to a 125,000-square-foot Target store. Both opened in 1997. Other retailers in the development include a Trek Bicycle store, GameStop, David’s Bridal, Frugal Muse Books & Video and Party City.
The proposed new addition would add space for four new tenants in spaces ranging from about 2,600 square feet to 1,904 square feet. The identities of the tenants was not disclosed in the application to the city.
State Street loses a national retailer: The American Apparel store, 502 State St., has closed.
The Los Angeles-based retailer, known for its “sweatshop-free” clothing line and the largest sewing facility in North America, declared bankruptcy in October. It closed some of its stores, was delisted from the New York Stock Exchange and last month parted ways with Dov Charney, the company’s controversial founder and former CEO.
The company emerged from Chapter 11 as a private company after successfully implementing its plan of reorganization, approved by the Delaware bankruptcy court on Jan. 27. The plan converted approximately $230 million of bonds into equity in the company and the infusion of $40 million of exit capital and a commitment for a $40 million asset-backed loan, according to a company release.
American Apparel opened in Madison in 2008 and chose the corner of State and West Gilman in hopes of attracting college students and other foot traffic and “to contribute to the company’s success and expansion nationwide,” according to a profile at the time in The Capital Times.
The company has about 7,900 employees and operates 202 retail stores in 19 countries. The departure of the Madison store leaves one store in Wisconsin, located just north of Milwaukee’s downtown and marks the second national retailer in Madison to be affected by a bankruptcy this year.
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Earlier this month, Hancock Fabrics announced that it would close its store at Westgate Mall on Madison’s West Side as part of a Chapter 11 bankruptcy protection plan. The Madison store opened in 1993 and is one of 70 among 250-plus stores that the company will close.
A going-out-of-business sale is underway with inventory determining an actual closing date, the company said.
Plan to remove former Cub Foods building: The Cub Foods on Verona Road closed in 2009 and since 2011 the building has been home to a U-Haul Moving & Storage center.
The former Cub Foods at West Towne was converted in 2012 to a 67,000-square-foot Metcalfe’s Market but the former Cub Foods building at 4141 Nakoosa Trail, near Highway 30 and Stoughton Road on the Far East Side, has been empty for more than four years.
And now it might disappear.
The city of Madison purchased the building, along with four other adjacent parcels, in 2013 for the future location of storage facilities and fleet maintenance facilities including for fire and radio shop operations.
Four of the five parcels, which total 15.3 acres, are vacant with the exception of the former grocery store building that covers more than 76,000 square feet.
The city’s engineering division is seeking city approval to demolish the building later this year. The building was constructed in 1986 and remodeled in 1997.
“Despite the volume of the existing retail building, our facilities staff has determined that the type of construction is not suited to the heavy vehicle maintenance and storage uses planned,” wrote Robert Phillips, the city’s engineer.
Under the proposed demolition plan, Habitat for Humanity will be allowed to salvage items from the building prior to the start of demolition. Construction of the fleet services, fire maintenance and radio shop is scheduled to begin in 2017.