HomeGoods to be newest mall tenant

By DAVID ZOELLER | Feb 6, 2019 Updated 8 hrs ago

HomeGoods, a Massachusetts-based home decor retailer, is the newest announced tenant at Kentucky Oaks Mall.

“As the name would suggest, HomeGoods is a home decor store that has lots of great stuff for indoors and outdoors,” said Joe Bell, director of corporate communications for Cafaro Company, which owns and manages much of the mall complex.

“HomeGoods is very popular. It brings high-quality housewares, furniture, decor, linens, that sort of thing,” he said. “It’s very well respected, so we’re happy to bring them to the property.”

The newest addition to the mall will occupy approximately 44,000 square feet of what was previously Elder-Beerman, according to Bell. HomeGoods is in the process of doing construction and is expected to be open in the fall, most likely in October, he said.

“There’s still about 14,000 square feet left over (from Elder-Beerman) that we are currently in negotiations with another potential tenant. We hope to have something wrapped up pretty soon.”

In the meantime, “We’re really happy about the Burlington store,” Bell said, of the retailer that opened last September in a portion of the space previously occupied by Sears. The portion of the mall which once housed Sears is owned and managed by Seritage Growth Properties.

“And, Ross Dress for Less will be opening a little later this year right next to Burlington,” he said.

According to Bell, Paducah remains a viable marketplace for a lot of businesses due to its location and interstate access, among other things.

“We’re very upbeat about how the rest of the year is going to go, and we’re interested to see how the leasing progresses. We’re anxious to be able to offer some new things that maybe haven’t been in the marketplace before