This property was formerly anchored by a boutique movie theatre. The current owner replaced them with AMC Theatres back in 2016 with AMC contributing $5M to renovate the space. Starbucks has been a tenant since 1994 and completed a full renovation in August 2023.
There are lots of developments happening in Glen Cove. In 2019, RXR Realty constructed Village Square, a mixed-use development containing 15,600 square feet of retail space, 146 luxury apartments, and a 16,500 square foot public plaza. Village Square is located a few buildings down School Street from this site. RXR then went on to invest $1.3B to re-develop the Garvie’s Point waterfront section of Glen Cove. The Garvie’s Point development boasts 569 condominiums, 541 rental apartments, 75,000 square feet of commercial retail space, and 27+ acres of open space. The property also adjoins Kimco Realty’s North Shore Triangle Center, which is anchored by Pet Smart & Staples. Kimco is rumored to be demolishing the entire center and constructing a 149 unit residential complex over street front retail. They will be constructing a partial 2 story garage below ground as well.
These projects should benefit this property in many ways and direct significant daily traffic to your concept.
