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What you need to know for 01/23/2018

Mattress store eyes space beside Target

Mattress store eyes space beside Target

A mattress retailer has targeted Glenville to open up its next store.

A mattress retailer has targeted Glenville to open up its next store.

Sleepy’s is seeking to move into a portion of the retail space next to the 135,000-square-foot Target on Route 50 that opened last October.

Town Supervisor Chris Koetzle said Sleepy’s and eye care provider Visionworks are taking two of the five retail spaces that are available to be leased in the 32,000-square-foot building.

“A third one is either close or in some sort of final negotiation. I don’t have any real information on who it is,” Koetzle said. “We’re always hopeful of a local business having an opportunity to get in there as well.”

Koetzle said he is not surprised the retailer is coming to Glenville.

“I’ve noticed that Sleepy’s has been growing significantly throughout the Capital District,” he said.

Sleepy’s would occupy the most space in the building, according to Koetzle. The store would join roughly 800 other Sleepy’s locations nationwide. Last year, the mattress retailer opened stores on Route 9 at The Crossing in Halfmoon and at the former Borders in Clifton Park. There are also Sleepy’s stores in Niskayuna, Colonie, Amsterdam, Saratoga Springs and Queensbury.

The developers of the property, RD Management, have applied for three variances from the Zoning Board of Appeals all related to the type and size of signs for the store. They want a waiver in order to have signs made of aluminum instead of wood, simulated wood or composite materials as required by the ordinance. The developers also want to have three wall signs totaling 204 square feet in size when up to 92 square feet is permitted for this size of building, and to have its name listed on the monument sign on the front of the building. They have applied for similar sign variances for Visionworks.

The town is the process of updating its sign ordinance so some of the requests will no longer be necessary.

The Zoning Board of Appeals will meet Feb. 25 at 7 p.m.

A media representative from Sleepy’s corporate headquarters could not be reached for comment. A customer service agent referred questions to Feinblum Real Estate, which did not return a message.

The Target plaza is filling up. Koetzle believes Panera Bread is on track to open its 3,800-square-foot cafe in mid-April.

“From the very beginning of this project, we were excited about the possibility of some new retail opportunities in town center. Having diversity of different shops for people to utilize, I think is a good thing,” he said.

Until Target opened last fall, the property had been vacant since August 2006 when Kmart left as part of a downsizing of its stores. Albany Public Market and later a Grand Union also occupied a portion of the site at one time.

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