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TAMPA — The Container Store, a specialty retailer headquartered in Coppell, Texas, will open its first location in Tampa as the anchor tenant of a new 35,000-square-foot retail center on Westshore Boulevard, says a news release from the developer.
Aventura-based real estate company Saber Corner LLC will develop the project, called the Corner, at the intersection of Westshore and Boy Scout boulevards. According to the release, the storing and organization retailer will occupy 25,000 square feet of the property and open in early 2013.
There are also plans for a 3,500-square-foot bank and another 6,000 square feet of retail space, both of which have not been leased, says a Saber spokesman.
TD Bank NA, a Wilmington, Del.-based lender, will provide the construction financing for the project.
The Los Angeles-based private equity fund Leonard Green & Partners LP acquired The Container Store in 2007. The store last reported annual revenues of roughly $600 million that year.
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