Target to anchor new shopping center in Powell
POWELL, Ohio (WCMH) — A lone central Ohio Target will soon have a series of retail neighbors, as developers are nearing construction on a new 43,000-square-foot shopping center next to the department store.
Named “The Shoppes at Wedgewood,” the complex will be built on a vacant 6.1-acre site to the left of the Target store at 10560 Sawmill Parkway in Powell, according to the property’s leasing listing. The shopping district will feature retail units ranging from 1,600 square feet to 20,000 square feet available for lease.
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More than 300 parking spaces will be dedicated to Wedgewood, in addition to the 475-space parking lot home to Target. The listing argues the complex is a prime location for prospective tenants, along a “desired shopping corridor” with businesses like Skyline Chili, Taco Bell, Tire Discounters and WesBanco.
The Shoppes at Wedgewood will be built on a vacant 6.1-acre site to the left of the Powell Target store. (Courtesy Photo/City of Powell) The Shoppes at Wedgewood will be built on a vacant 6.1-acre site to the left of the Powell Target store. (Courtesy Photo/City of Powell)
“Infill site surrounded by residential, retail and office rooftops making it a highly visible and desirable location in one of Ohio’s fastest growing trade corridors,” the listing states, which says the lease rate will be $28 per square foot per year, but does not provide an exact construction timeline.
The Powell center is led by two central Ohio companies, Saberi Development and Transform Construction. The two recently paired to build a mixed-use complex in Westerville, including an 11,000-square-foot building under construction at 21 W. College St. that will be home to Ampersand Asian Supper Club’s second location.
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Other developments taking shape in Powell include a revamp of the city’s downtown, with co-working business COhatch one of the main developers tasked with transforming a section at North Liberty and East Olentangy streets.
In addition, Ohio State’s Wexner Medical Center is expected to start building a $183 million outpatient campus in Powell this spring, a years-long effort once regarded as the “largest economic development project” in the city’s history.
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