Acadiana Business

Burlington Coat deal moving along

by Leslie Turk

Before the end of the year, a Burlington Coat Factory could be up and running in the old Super Kmart on Ambassador Caffery Parkway.

Before the end of the year, a Burlington Coat Factory could be up and running in the old Super Kmart on Ambassador Caffery Parkway.

Houston-based Fidelis Realty Partners purchased the old K-mart site this summer to make way for Burlington, which will occupy about 75,000 square feet of the almost 200,000 square foot building. Lafayette Consolidated Government permit records indicate that the total renovation project is valued at $4.5 million, including a $600,000 on demo and façade work that is now complete. Another permit for remaining tenant improvements is expected to be issued by local government this week. The building, which was built in 1994, has been vacant since 2003.

If the renovation project goes as planned, Burlington could be open by November.

A Fidelis rep could not be reached for comment Tuesday on whether the remaining space has been leased.

Burlington, headquartered in New Jersey, sells designer merchandise at discount prices. Its stores feature coats, apparel, shoes, accessories, baby clothes, furniture, toys, home decor items and gifts. It has more than 450 stores in 44 states.

When the Burlington deal was first announced in May, Fidelis also indicated that it had a letter of intent with Whole Foods to construct a store on an outparcel at the site. Fidelis, it turned out, spoke too soon - as Whole Foods immediately responded that it had not signed any such agreement. Since that time, a potential Whole Foods deal at that location appears to have gone cold.