Mesa St., which opened 17 years ago, in West Central El Paso. It last built a new store in this market at 3100 N. The company has more than $60 billion in annual sales from 21 different supermarket chains, including Albertsons, Safeway, Vons, and Jewel-Osco. In 2018, the company spent about $10 million to remodel six El Paso stores, and spent several million dollars to remodel two Las Cruces stores. In August, it closed a store at 9111 Dyer St., in Northeast El Paso. The Boise, Idaho-based company, one of the nation's largest supermarket operators, has seven stores in El Paso, and three in Las Cruces. It also unsuccessfully tried to get Whole Foods to open a second El Paso store in one of its East Side properties, he said.Īn Albertsons spokesperson said the company is not yet ready to reveal details about the planned store.įrank said an Albertsons convenience store and gas station will be located near the supermarket building in the Pebble Hills shopping center. River Oaks spent several years recruiting Albertsons for one of its new East Side projects, Frank said. The goal is to fill most of the center with local and national restaurants, Frank said. Most of the projects are traditional strip shopping centers, except for the large Eastlake center and The Reserve at Rich Beem, located at Zaragoza Road and Rich Beem Boulevard. River Oaks has labeled that a "smart-growth" center with 40,000 square feet in eight buildings. More: Shopping center developer River Oaks has new headquarters He's River Oaks' chief executive officer. River Oaks is owned by Gerald Rubin, founder of Helen of Troy, the El Paso consumers products company he left in 2014. "We are following where the (new) housing growth is and catching up on the retail side," Frank said. He declined to disclose specific dollar amounts for the projects. The projects, which will cost millions of dollars to construct, is the second phase of a shopping center construction binge the company began in 2014, Frank said. Most of the company's undeveloped land is in far East El Paso. The two locations are part of eight new shopping centers with more than 400,000 square feet of retail space that River Oaks plans to build this year and next year in East El Paso, River Oaks officials recently said in a news release. A groundbreaking ceremony for the new center is scheduled for Oct. It will be the anchor for the 252,000-square-foot Eastlake Marketplace, another River Oaks project, just beginning construction at Interstate 10 and Eastlake Boulevard.
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Cinemark plans to build a large cinema eatery, the Cinemark Movie Bistro, which is tentatively set to open in late 2020.
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