H&M tops activity at Twenty Ninth Street
Sweden-based Hennes & Mauritz AB is expected to move into space on the west side of the shopping area in the former MontBell and Lucy stores as well as in the shuttered Gymboree and The Territory Ahead stores, said Kate Honea, senior marketing manager at Twenty Ninth Street. No specific date was set for the H&M opening.
The women's activewear store Lucy will move into a temporary space near Macy's on the north end of the shopping district, Honea said. Later in the year, Lucy will relocate to 2,570 square feet of space in what is now the Coldwater Creek clothing store on the east side of Twenty Ninth Street, Honea said.
At the same time, Coldwater Creek is closing, Honea said. Madewell, a concept store of the J. Crew catalog, plans to move into a separate 3,187-square-foot store in the former, remodeled Coldwater Creek space once that work is complete, Honea said. No tenant has been announced yet for a third 1,499-square-foot space coming out of the remodeled Coldwater Creek space.
"We were showing positive sales growth from the previous year, and we expect that to continue through 2013 with the new retailers in board," Honea said.
In addition, a new 14,000-square-foot Trader Joe's grocery store is slated to open nearby in October at 1906 28th St., the site of the former Applebee's restaurant, Honea said.
A Charming Charlie women's accessories store will take 5,900 square feet at the former AI Sushi location at Canyon Boulevard and 29th Street later in the year. A Five Guys Burgers and Fries restaurant will open in 2,785 square feet in the former Islands Burger location at 1855 29th St., Suite 1152, Honea said without giving timing details.
"We're definitely moving forward. There's great activity here, and it will be a good year for us," Honea said.
The Boulder H&M store would be its fourth in Colorado. H&M operates stores at FlatIron Crossing in Broomfield and at the Denver Pavilions on the 16th Street Mall in Denver. The retailer plans to open its third store soon at The Streets at Southglenn center in Centennial.
H&M operates more than 2,800 stores in 48 markets and has more than 94,000 employees. It was founded in 1947. The company's stock is publicly traded on the Nasdaq OMX in Stockholm with the stock symbol HM B.
More breaking news...
Boulder County posts state-low foreclosures
Tickets on sale for BCBR's Mercury 100
Across Colorado, the average was about 1 completed foreclosure sale
The list of 100