Nordstrom to Open a Full-line Store at The Domain
SEATTLE, March 5, 2014 /PRNewswire/ — Seattle-based Nordstrom, Inc. (NYSE: JWN) today announced plans to open a full-line store at The Domain in Austin, Texas. The two-level, approximately 123,000 square-foot store is scheduled to open in fall 2016 and will be the company’s second full-line store serving the greater Austin area. The Domain is owned and operated by Endeavor Real Estate Group.
“We are humbled by the support we’ve received from our customers in Austin since we first entered the market in 2003 at Barton Creek Square,” said Erik Nordstrom, president of stores for Nordstrom, Inc. “Austin is a dynamic and growing community and we believe this new store at The Domain will allow us to better serve more customers in the area.”
“We are thrilled to have Nordstrom joining the existing tenant base at The Domain. Their presence will reinforce The Domain’s position as the premier outdoor shopping destination in the State of Texas,” said Ben Bufkin, principal, Endeavor Real Estate Group. “Given the Nordstrom commitment to first class customer service and quality merchandise, they are the perfect anchor for the next phase of The Domain.”
Nordstrom will anchor the third phase of The Domain’s expansion. When completed, the 304-acre development is expected to include 1.8 million square-feet of retail space, 5,000 residential units, 3.5 million square-feet of office space and 800 hotel rooms. Nordstrom currently operates three stores in the Austin area including a full-line store at Barton Creek Square and a Nordstrom Rack at Gateway Center and at Sunset Valley.
Nordstrom, Inc. is one of the leading fashion specialty retailers based in the U.S. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 260 stores in 35 states, including 117 full-line stores, 140 Nordstrom Racks, two Jeffrey boutiques and one clearance store. Nordstrom also serves customers through Nordstrom.com and in the online private sale marketplace, HauteLook. Nordstrom, Inc.’s common stock is publicly traded on the NYSE under the symbol JWN.
SOURCE Nordstrom, Inc.