Nordstrom Inc. will open a 144,000-square-foot store in the $1.2 billion CityNorth development in Phoenix to serve as one of the anchors.
The store is to open in fall 2009. CityNorth will deliver roughly 5.5 million square feet of new space.
“The arrival of the first Nordstrom store in the city of Phoenix is a milestone event,” said mayor Phil Gordon in a statement. “Nordstrom is one of the most respected names in retailing, and CityNorth will be an exciting development. Together, they are another example of how Phoenix is a city on the rise.”
The CityNorth project, in the Northeast Valley of Phoenix, will include retail, office, residential, hotel and dining. It is being developed by a partnership between private Chicago-based Thomas J. Klutznick Co., which has built Water Tower Place and the Peninsula hotel in Chicago, and Related Urban Development, which has built CityPlace in West Palm Beach, Fla., and the Time Warner Center in New York.
At this year’s International Council of Shopping Centers convention in Las Vegas, Ken Himmel, chief executive officer of Related Urban Retail, said he was courting Neiman Marcus and Bloomingdale’s for CityNorth, as well. Williams-Sonoma’s new design store will occupy another anchor spot.
“Our partnership with best-in-class retailers like Nordstrom demonstrates our commitment to deliver the highest-quality project to the community and our tenants,” said Himmel in a statement.
This story first appeared in the August 30, 2006 issue of WWD. Subscribe Today.