National retailer T.J. Maxx is slated to open in fall 2012 at Golden Hills Plaza in Paso Robles off Highway 46 East.
The Massachusetts-based chain markets itself as selling brand-name clothing, accessories and other products at prices often lower than those found at department stores.
T.J. Maxx will join the North County plaza’s two existing anchor stores, Lowe's and Bed Bath and Beyond.
The shopping center also has storefronts for smaller shops, although information on how many spaces remain vacant and how many are leased wasn’t immediately available.
Shopping center owner Regency Centers will construct the new T.J. Maxx building, slated for an empty lot next to Bed Bath and Beyond. It will be approximately 25,000 square feet.
“The transaction took over a year, close to 18 months,” Regency leasing agent Jenny Smith said.
The lengthy talks were a result of a few factors, including the poor economy. The retailer also wanted to wait and see how its San Luis Obispo location performed before deciding whether to expand, she added.
The number of employees to be hired won’t be available until about a month before the store opens, T.J. Maxx’s real estate spokeswoman Carrie Garfield said.
But the company’s 21,000-square-foot San Luis Obispo store, which opened in 2010 at Irish Hills Plaza, created about 60 full- and part-time jobs.
That store was T.J. Maxx’s first location in San Luis Obispo County.
When opening new stores, the retailer looks for locations based on demographics, other tenants in the shopping center and other factors, Garfield said.
Golden Hills Plaza has space to build an additional 25,000- to 30,000-square-foot anchor store next to T.J. Maxx, Smith said, but currently no one has signed on to it yet.