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Colliers has been retained by Tritec Real Estate to market and lease up to 195,000 square feet of retail space in the developer’s Station Yards mixed-use project in Ronkonkoma.
About 73,000 square feet of retail space will be ready for build outs in June. The retail includes ground-floor space in three mixed-use buildings with apartments above and two freestanding pad sites of 3,800 square feet and 1,600 square feet.
“Station Yards is creating a vibrant new entertainment district that is redefining the Long Island retail sector, capitalizing on strong demand for in-person experiences,” Chris Kelly, vice president of marketing at Tritec, said in a written statement. “This transformative project will help the community move forward in becoming an idyllic location for live-work-play and we’re proud to be laying the groundwork for future best-in-class mix-used locations.”
The $265 million Phase 2 of the Station Yards project, construction of which began in the summer of 2021, will have four buildings and a total of 388 apartments and 15,590 square feet of office space.
The project’s second phase is expected to be completed in 2024 and the residential portion will have 111 studios, 186 one-bedroom units, 59 two-bedroom units and 32 three-bedroom apartments.
Also known as the Ronkonkoma Hub, the project’s first phase brought 489 apartments in six residential buildings, as part of the redevelopment of about 53 acres around the Ronkonkoma Long Island Rail Road station, designed to bring a total of 1,450 apartments, 360,000 square feet of office space and up to 195,000 square feet of retail space.
Maria Valanzano, Steven D’Orazio, Anjee Solanki and Jake Horowitz of Colliers have been tapped as the exclusive leasing agents for retail space at Station Yards.
“Tritec has truly reimagined the future of living, working and shopping on Long Island,” D’Orazio said in a company statement. “The project’s planned village green, outdoor experiences and premier retail space will be incredibly attractive to a variety of businesses looking for space in a best-in-class, mixed-use town center style community. We’re proud of the work that we have done with Tritec on various projects over the years and we anticipate strong interest from authentic Long Island brands at Station Yards.”
