March 13, 2017
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Though recent retail news often features store closings and bankruptcies, The Gap Inc. is preparing to open its ninth Old Navy store in San Antonio. Specifically, the apparel store will open in the 465,319-square-foot Alamo Ranch power center 5303 W. Loop 1604, in northwest San Antonio. Old Navy will join other retailers including Target, Michael’s H-E-B, Marshalls, Ross, Lowe’s, Best Buy and Ulta.
Construction on the Old Navy space will begin in April 2017, with work completed by July. Blackstone Group acquired the center for $83.8 million early in 2016. Shopcore Properties, a Blackstone affiliate, leases and manages the center.
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