JC Penny has signed a letter of intent to open a 100,000 square foot
retail store as the anchor tenant at the Shoppes of Gateway, located
at the southeast corner of Eight Mile and Woodward near the Michigan
Plans also include up to five national "junior box" retailers, up to
five restaurants and as many as 40 national and local small retail
[Gateway Park investor Bernard] Schrott said Penney's plans to open a
Detroit store bode well for the future of Gateway Park, which is
planned to open in March 2009.
Read the entire article here.