Project Size: 572,616 sq. ft.
Details: Acquired: 2004
Thruway Plaza is located within Western New York's strongest retail district on Walden Avenue near the New York State Thruway interchange (Exit 52). This corridor boasts Western New York's largest regional mall, The Walden Galleria with approximately 1.7 million square feet of gross leasable area. The Walden Galleria Mall is anchored by Macy's, Lord & Taylor, JCPenney, Sears and Dick's Sporting Goods. Thruway Plaza is the second largest shopping center within this corridor with over 500,000 square feet of gross leasable area, anchored by Walmart, Home Depot, Tops Markets, A.J. Wright and Value City Furniture. This corridor also includes some of the region's strongest power centers with Walden Consumer Square, Union Consumer Square, Union Road Plaza and Tops Plaza all located within one mile of the site.
Traffic volume through this corridor is substantial as more than 120,600 cars travel past the corridor along the New York State Thruway each day. Walden Avenue is a major east/west thoroughfare that runs west from the Town of Cheektowaga into the City of Buffalo and east through Depew into Alden. Within a five-mile radius of the site, there are in excess of 334,180 people with an average household income in excess of $55,700.