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Target Finally Signs at 7+Fig

By Eric Richardson
Published: Wednesday, November 03, 2010, at 01:55PM
7+Fig Eric Richardson [Flickr]

Downtown's long Target waiting game finally has an end date. The retailer this week finalized an agreement with Brookfield Properties that will bring a roughly 100,000 square foot store to the 7+Fig shopping complex in 2012.

UPDATE (Thursday, 11:30am): More details on the new store were announced Thursday morning at a press conference and lease signing attended by Mayor Antonio Villaraigosa and Councilwoman Jan Perry.

The news was first reported by the L.A. Times this afternoon.

The 7+Fig complex opened in 1986 with a pair of department stores as anchors, but the departure of Bullock's in 1997 and Macy's in early 2009 left it with approximately 200,000 square feet of vacancy.

According to the Times, the Target store will be built on one floor, spread across space formerly occupied by the two department stores.

That space would most likely be on the complex's ground level, even with Figueroa Street.

At 100,000 square feet, the store would be nearly 1/3 smaller than typical Targets.

The parking garage connected to the complex contains nearly 1,600 spaces.

More to come.


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