Flexible-Format Target Coming to Regency Centers' Gateway 101 in East Palo Alto

When East Palo Alto's Sports Authority went dark following the retailer's bankruptcy and subsequent liquidation, it threatened to punch a hole in the city's bottom line. But it didn't take long to backfill the 50,000-square-foot box. On Monday, Target Corp. announced it would take over the space, opening a new "flexible format" Target there next July."It is a good thing because we do want that building not to sit idle," Mayor Donna Rutherford said in a brief phone chat this morning. "If there’s a business that can come in and get going, we’re supportive of that."

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This is an excerpt from this full article on the Silicon Valley Bizjournals.com.