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02/09/2024

Floor & Decor Plans Large 65,000sf Retail Store in Washington Twp – Black Horse Pike

43 Freeway
Floor & Decor Plans Large 65,000sf Retail Store in Washington Twp – Black Horse Pike

They are number 5 on Yelp’s list of Most Loved Brands, and on Fortune’s list of 100 fastest-growing companies… and now Floor & Decor plans to open a new location in Washington Township NJ (Gloucester County).

The location for the new store will be on the Black Horse Pike, taking over the former Burlington Store building (Burlington relocated to a smaller location in town). As a point of reference, Washington Plaza is also home to Esporta Fitness and TGIFridays.

Floor & Decor should make an excellent addition to the center…  they are more than just a flooring product store, they are a WAREHOUSE of flooring products. At 65,000sf the new Floor & Decor store will be about the same size of Bottino’s Shoprite in town, and more than half the size of the local Home Depot… but consider Floor & Décor only sells flooring products!

From their website; Floor & Decor is a leading specialty retailer of hard surface flooring, offering the broadest in-stock selection of tile, wood, stone, related tools and flooring accessories at everyday low prices. They were founded in 2000 and headquartered in Atlanta, Floor & Decor

They now have over 200 stores, but have been on an amazing growth streak.

Back in 2016 they were excited to announce they had grown in 5 years from $277 million to $772 million in revenue. Today? For 2023 they expect to announce EOY sales of over $4.4 billion!

They currently have a South Jersey location in Moorestown which opened in the fall of 2016, but it seems the company has their sites set on New Jersey for growth. Within the last 9 months they have opened locations in Springfield, Avenel, Princeton and Ocean Township.

For the planned Washington Township location, this is an excellent addition to the Black Horse Pike corridor which amidst several new developments and openings, has also faced it’s share of challenges. So a large retail tenant taking over an empty space in the Washington Plaza shopping center is a big win.

Directly across the Pike, another large retailer moved in back in 2019, with AtHome taking over the former “The Dump” building.

Floor & Decor is looking to move into the Washington Plaza shopping center which is at the base of the Washington Township segment of Black Horse Pike. TGIFriday’s restaurant sits at the front of the shopping center, and ESporta Fitness is another large tenant in the center.

As mentioned, Floor & Decor will be moving into a building which was previously home to a Burlington store. Burlington relocated to a smaller location still in Washington Township, but up the road a bit.

The building’s total square footage is about 90,000 square feet and Floor & Decor will be taking 65,000 of that. The remaining 24,000 square feet will be available for other tenants to rent.

It appears they will be taking the rightmost side of the building which includes the traditional retail store entrance.

The location at the start of Washington Township’s Black Horse Pike commercial district could prove to be a very smart move, as it would be easily accessible by Washington Township residents, as well as surrounding communities such as Gloucester Township, Deptford, and more.

Clearly a retail store opening in an existing retail building is a perfect match for zoning. That being Floor & Decor do need to appear before the Washington Township Planning Board (Feb 20th) as they are making some modifications to parking and signage.

The excellently written public notice states that the applicant proposes limited updates to the existing vestibule, as well as modifications to the entrance feature, repainting of the facade, installation of new wall mounted light fixtures, and installation of signage.

A garbage compactor will be add it to the rear of the building as well as to access stores along the northwest side of the building which will include minor alterations to the curb and sidewalks.

Ohh a small portion of the parking lot will be repainted to accommodate ada parking stalls in front of the building as well as parking spaces for customer pickup.

There are no changes proposed the existing building or footprint.

And is the case with basically every retail base planning board hearing they’re looking for approval for signage… some of which will include informative signs such as ”customer pick up” and “I’m here” for curbside pickup.

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