Last year, Midtown-based Seritage Growth Properties (the real estate investment trust, or REIT, of Sears Holdings Inc.) acquired, for an unspecified amount, the 26.4-acre property at 195 North Broadway, in the hamlet of Hicksville, located in Nassau County, Long Island. Now, the REIT has proposed preliminary plans to build a 350-unit mixed-use complex on the site, according to Long Island Business News. They call for a two-story complex also containing retail space that includes a supermarket and shops, as well as a promenade. The property is currently occupied by a 156,000-square-foot Sears department store, a Sears auto center, a Chipotle restaurant, and a TD Bank. Everything would be demolished except for the TD Bank and Chipotle, which are located in separate small structures along North Broadway. The plans are at least a year-plus from getting underway, but the developer has already begun meeting with the Hicksville Community Council. The site is located seven blocks from the neighborhood’s Long Island Rail Road station.
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