‘The Junction’ announces new tenant
LOGANSPORT, Ind. (Inside INdiana Business) – The redevelopment of the former Logansport Mall has named another new tenant. New Hampshire-based Planet Fitness (NYSE: PLNT) says it will open a new location at The Junction, occupying 15,000 square feet in the former Sears, Roebuck and Co. retail space.
Planet Fitness says it plans to open the new fitness center by January and expects to hire 15 new employees.
“Planet Fitness caters to the 85% of people who don’t work out,” adds Baker. “We love helping people recapture their health in a safe environment. And we do it in a comfortable, non-intimidating atmosphere which we call our ‘judgement free zone.’”
Earlier this month, Chicago-based developer Park Development LLC received approval to redevelop the Logansport Mall property. Plans for the reimagined shopping plaza will include 144,000 square feet of retail space and three outlots. The area will include a Walmart Supercenter, a Home Depot and easements for smaller retail shops between the anchor stores.
Park Development and the city of Logansport are partnering with Buxton, a Texas-based analytics company, to scout prospective businesses for the redevelopment project.
“In today’s competitive environment, having the right data to tell the story of your community is essential to reaching economic development goals,” said Chris Briggs, senior vice president at Buxton. “We look forward to helping Park Development and the city of Logansport bring their vision to life.”
According to Buxton, the Logansport market is in definite need for additional clothing, electronics, and hobby stores as well as restaurants, medical facilities, and family entertainment.
“This area is rich for growth and development,” said Brian Demers, senior retail analyst at Buxton. “Our research found many residents are driving 30 minutes and more to get to the retail they need. We’ll be reaching out to big national brands to discuss these voids and increase retail traffic into Logansport.”