Developers announce lease signing with Lidl for a new supermarket in Park Slope
Developers William Macklowe Company and Senlac Ridge Partners have announced a lease signing with Lidl for a new supermarket at 120 5th Ave. in Park Slope.
Community leaders hail Lidl’s first store in Brooklyn as a “win‐win-win”; New supermarket will offer groceries at affordable prices and fulfill community’s goal of securing a full‐scale neighborhood‐oriented grocer at convenient hub.
The William Macklowe Company and Senlac Ridge Partners—joint developers of a site at 120 Fifth Avenue in Park Slope, formerly occupied by a Key Food supermarket and soon to be developed as a major residential and retail complex—announced today that they have signed a 25,000‐square‐foot lease with Lidl US to operate a new community supermarket as a centerpiece of the project. Lidl’s outstanding reputation for fresh, high‐quality food at affordable prices led to its ranking as a “Top 5 U.S. Grocer” in USA Today’s 2021 and 2022 10 Best Readers’ Choice Awards.
Billy Macklowe, CEO of William Macklowe Company, said, “In the course of our close collaboration with local civic leaders, their top priority consistently has been to bring a community‐oriented supermarket to the planned development to succeed the closed Key Food. That’s why we’re thrilled to be partnering with Lidl to deliver a new, full‐scale supermarket that offers a broad range of quality groceries at affordable prices. We’re eager to complete construction of our residential and retail development and expect that the new supermarket will open in 2024.”