Two major retailers are set to open in early October at the new Fraser Centre in downtown State College.
Target’s “flexible-format,” or smaller-scale, store is slated to open on Oct. 5, while the opening for Swedish clothing giant H&M is scheduled for one day later. Both are at street level of the mixed-use, 13-story building.
The 28,000-square-foot Target store is the retailer’s 68th location in Pennsylvania and second in State College. The company plans to hire about 70 employees for the new store, which is located at the intersection of Fraser Street and Beaver Avenue. A job fair is planned from noon to 5 p.m. Sunday and 9 a.m. to 7 p.m. Monday at Target’s 315 Colonnade Blvd. store. Those interested can apply ahead of time at Target.com/careers.
“Opening flexible-format stores near college campuses is a priority for Target, and we’re excited to build a talented team as we prepare for the October opening of our new Penn State store,” Jenna Holsberger, Penn State store team leader, said in a statement. “We look forward to joining the Nittany Lions family this fall, and being a part of the community with the addition of nearly 70 new jobs.”
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Target’s flexible-format stores feature a more malleable design suited for cities and developing neighborhoods. The company added 14 such locations, dubbed CityTarget and TargetExpress, across the country during the past three years.
H&M’s store, about 19,000 square feet, will be the state’s 21st. Previously, the bulk of H&M’s Pennsylvania stores were bookended near Philadelphia and Pittsburgh. Another location is set to open in the fall at the Capital City Mall in Camp Hill.
The “fast-fashion” clothing retailer added 59 U.S. stores in 2015 and more than 400 globally. The U.S. is the company’s second-largest market behind Germany.
The H&M group’s sales increased 8 percent during June. The company has not seen a loss in sales since the 2012-2013 financial year.
Fraser Centre’s other tenants include a 158-room Hyatt Place Hotel, a Federal Taphouse second-floor bar and restaurant and 26 residential condominium units slated for levels nine through 12. The one- to three-bedroom condominiums are set to be completed in the spring.
Roger Van Scyoc: 814-231-4698, @rogervanscy