Rumor: A T.J. Maxx for the New Lower East Side
It’s a big-box bulk-up on the Lower East Side.
In case you had enough of neighborhood mallification, vis-a-vis Essex Crossing, there’s more. It’s rumored that T.J. Maxx is also poised to compete for your dollars in an increasingly crowded space.
Word on the street is that T.J. Maxx – part of the TJX Companies that also includes Marshall’s and Home Goods – is headed for the gold-clad condoplex under construction at the corner of Orchard and East Houston Streets. As previously reported, much of the commecial space in the upper-crust building is earmarked for the flagship Equinox (i.e. 30,000 square-feet over three floors). From what we understand, the budget department store will occupy storefront along the East Houston corridor.
It’s unclear when the department store will open, which would be the first for the company in the area south of 14th Street.
No one we spoke with at T.J. Maxx could confirm plans for the Lower East Side, though.
The condo development at 196 Orchard Street is edging ever-closer to completion. The Katz’s-adjacent project, helmed by area landlord Ben Shaoul, has been in the works since 2015. It spans most of the block between Orchard and Ludlow.
Just a few blocks south, meanwhile, Target is readying its own big-box play as part of Essex Crossing. That store is to launch later this summer.
Will you be an LES “Maxxinista”?