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The Sembler Co. is redeveloping a shopping center that's been in the company's portfolio for more than four decades, by adding a Walmart Neighborhood Market to the property at Park Boulevard and 66th Street North in Pinellas Park. Known as “Park 66,” the shopping center is undergoing a 62,000-square-foot redevelopment. While the Walmart is under construction and expected to open in the fall, other tenants have relocated.
“It's exciting to watch this redevelopment unfold,” Josh Beyer, the Sembler Co. vice president of development, says in a press release. “It's been in our portfolio for so long now and has seen several retailers through many market cycles. As new development begins to pick up, we continue to see opportunities to redevelop existing shopping centers both within our own portfolio, and on behalf of third-party owners.”
The Sembler Co. initially developed Park 66, anchored by an A&P Supermarket, on Sept. 1, 1970.
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