It’s official, according to a local real estate group: Target has plans to open a new store on the Outer Banks at the site of the old Kmart in Kill Devil Hills.
The news was posted on the OBX Island Guys Real Estate Group Facebook page this afternoon and confirmed by Shane Collins of Outer Banks Blue Realty, who works with the land owners through the Midtown Development Corporation.
The Kmart building will be torn down and the a new Target store designed, the Facebook post said. Where the key players are in the process and when Target may move in are still up in the air. Collins said he couldn’t divulge any more information right now.
Kill Devil Hills Mayor Ben Sproul said he hadn’t heard about the project and that no paperwork had yet been filed with the town.
“It’s news to me,” Sproul said.
Kmart owned the building and leased the 14-acre plot of land facing U.S. 158 from the Wright Company Inc., according to real estate records. It’s unclear if that lease is still active.
Norfolk real estate mogul Joan Dalis, who died in February 2019, is listed as the president of the Wright Co. Inc., with Norfolk attorney William Nusbaum as assistant secretary.
Joan Dalis may be best known for her investments in Ward’s Corner, a Norfolk shopping center her second husband, dentist Alexander Martone, built at the northeast corner of the shopping district in 1947. Dalis renovated the shopping center’s exterior to make it more modern and attractive, her obituary reads.
Dalis’ brother is now the property owner, Collins said.
This story originally appeared on OBXToday.com. Read More local stories here.