In September 2001, the Durham shopping community was shocked when J.C. Penney and Hudson Belk announced their intentions to leave South Square Mall and join the new Streets at SouthPoint across town.
The following January, South Square shut its doors and left the 790,000-square-foot property vacant. SouthPoint opened its doors a short while later, and the former South Square property was abandoned for some time.
But Charlotte-based retail firm Faison and Associates has decided to reopen the property with open-air sale stores in spring 2004.
The new complex is still in preliminary development, but Target already has been signed to the property and will open in 2004.
Other stand-alone retailers such as Sam's Club, as well as smaller chain stores, might join Target to replace the property off U.S. 15-501.
But officials said no plans have been finalized for other retailers to complement Firestone, Office Depot and Chick-fil-A, which will remain in their original locations.
Although South Square was put out of business with SouthPoint's opening, officials say the new plans for the location will not compete with the mall across town.
"(The new complex) and SouthPoint will not compete because they are two different products," said Jensie Teague, senior managing director for Faison.
Durham City Council member and Mayor Pro Tem Lewis A. Cheek echoes this sentiment.