Opening Dates Set for Target, H&M in Fraser Centre
Opening dates have been scheduled for the two retailers that will reside at street level in the new Fraser Centre at the corner of Fraser Street and West Beaver Avenue.
Target is planning to open its “flexible-format” store on Oct. 5, according to a news release from the store. A grand opening is planned for Sunday, Oct. 9, according to Alex Hails of Real Estate Capital Management, which owns and is developing the mixed-use building.
Hails added that clothing retailer H&M is scheduled to open in the Fraser Centre on Oct. 6.
Target will occupy 28,000 square feet of the building’s approximately 60,000 square feet of retail space. H&M will encompass about 19,000 square feet.
Target announced Thursday that it will be hiring approximately 70 employees for the Fraser Street location. A job fair will be held noon-5 p.m. on Aug. 7 and 9 a.m.-7 p.m. on Aug. 8 at the Target on Colonnade Boulevard. Applications can be made in advance to pre-schedule an interview at Target.com/careers.
“Opening flexible-format stores near college campuses is a priority for Target, and we’re excited to build a talented team as we prepare for the October opening of our new Penn State store,” said Jenna Holsberger, team leader for the new store, in a press release. “We look forward to joining the Nittany Lions family this fall, and being a part of the community with the addition of nearly 70 new jobs.”
According to the Target website, the new store will include “grab-and-go groceries and meal solutions for students, a curated home assortment with apartment and dorm essentials, beauty, toys and sporting goods and Fan Central merchandise.” It also will have a pharmacy.
The H&M store will be the retailer’s 21st in Pennsylvania. The store sells clothing and accessories for men, women and children and has more than 400 stores. An Altoona location opened in March, and prior to that the closest H&M to State College was located in Lancaster.
The 155-foot tall building also will be home to a 158-room Hyatt Place Hotel and restaurant and bar Federal Taphouse, which also has locations in Harrisburg and Lancaster. The Hyatt and Federal Taphouse will share a liquor license and are expected to open in December or January, Hails said.
Levels 9 through 12 of the Fraser Centre will be home to 26 residential condominium units, including four penthouse suites. Those are expected to be occupied around March 2017, Hails said.
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