{"id":39007,"date":"2026-04-21T14:56:34","date_gmt":"2026-04-21T18:56:34","guid":{"rendered":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/?p=39007"},"modified":"2026-04-21T14:56:34","modified_gmt":"2026-04-21T18:56:34","slug":"queensbury-plaza-adds-three-new-businesses-as-leasing-momentum-builds","status":"publish","type":"post","link":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2026\/04\/queensbury-plaza-adds-three-new-businesses-as-leasing-momentum-builds\/","title":{"rendered":"Queensbury Plaza Adds Three New Businesses As Leasing Momentum Builds"},"content":{"rendered":"
\"\"
Construction is underway on a new 7 Brew drive-thru coffee kiosk at Queensbury Plaza on Upper Glen Street, one of three businesses set to join the shopping center as leasing activity builds.
Glens Falls Business Journal<\/figcaption><\/figure>\n

By Paul Post<\/p>\n

Three new firms are coming to Queensbury Plaza on Upper Glen Street, triggering interest from other retailers that could fill the site\u2019s remaining vacancies.<\/p>\n

Construction is underway for a 7 Brew drive-through-only coffee kiosk, a Burlington clothing store will occupy the former Joann Fabrics and Crafts space, and a Mexican restaurant, Mi Rancho Alegre, is taking over the former Red Lobster site.<\/p>\n

\u201cThe business climate in Queensbury is quite strong right now,\u201d said Michael Palumbo, chief operating officer of Rochester-based Flaum Management Co., the plaza\u2019s owner. \u201cTourism in that area seems to be growing, driving traffic up there. That\u2019s what is prompting these tenants to be looking for new locations. I think our shopping center is probably the most well-positioned in Queensbury.\u201d<\/p>\n

\u201cWe\u2019ve got some other nationals looking at the plaza now, so we\u2019re working on a couple deals for the last few vacancies,\u201d he said. \u201cHaving the right mix of tenants, visibility and positioning \u2014 all of these things go into site selection by nationals and even the regionals.\u201d<\/p>\n

<\/span><\/span><\/strong><\/span><\/b>7 Brew and Burlington are expected to open by early summer, with Mi Rancho Alegre coming online around Labor Day. The three firms combined are expected to create at least 40 new jobs.<\/p>\n

Arkansas-based 7 Brew, founded in 2017, is one of the country\u2019s fastest-growing drive-through beverage brands, featuring items such as coffees, shakes, smoothies, teas, fizzy sodas, lemonades and energy drinks. The company has locations in 38 states.<\/p>\n

Its new modular building will occupy a previously empty parking lot area fronting Upper Glen Street on the left side of the plaza\u2019s main entrance. 7 Brew currently has 16 stands in upstate New York, mostly in central and western New York, but including three in Schenectady, Colonie and Johnstown.<\/p>\n

New Jersey-based Burlington Stores has 1,150 locations in 46 states, Washington, D.C., and Puerto Rico. The new Queensbury site is part of an aggressive growth plan that saw the company aim for about 100 new stores last year alone.<\/p>\n

Burlington Stores is best known as a leading off-price retailer with brand-name merchandise offered at significant discounts, typically ranging from 20% to 60% below department store prices. In 2014, the company was rebranded from Burlington Coat Factory to Burlington Stores to emphasize a much broader range of products.<\/p>\n

The former Joann Fabrics site was one of 800 stores the company closed last May because of bankruptcy. Burlington will take up 19,000 square feet, which includes all of the former Joann store and a portion of the former Tuesday Morning store.<\/p>\n

Mi Rancho Alegre currently has restaurants in Syracuse, Rochester, Hudson and Lake Katrine. Its menu includes, but is not limited to, tacos, burritos, fajitas and other meat and seafood dishes wrapped in tortillas.<\/p>\n

Diners are greeted by tortilla chips, red salsa and complimentary warm bean dip.<\/p>\n

\u201cWe had to be sensitive to tenants in the food business already in the plaza \u2014 Jersey Mike\u2019s, Olive Garden, Dave\u2019s Hot Chicken, Daifuku Japanese restaurant, Good Vibes 518 Nutrition and Moe\u2019s Southwest Grill,\u201d said Palumbo. \u201cMi Rancho Alegre doesn\u2019t really compete with any of them. It\u2019s a little similar to Moe\u2019s, but not the same. The Moe\u2019s operator was fine with it.\u201d<\/p>\n

Burlington already has stores in some of the other shopping centers Flaum Management operates in upstate New York. \u201cBurlington is a great anchor,\u201d Palumbo said. \u201cI think they\u2019re going to do great things there. With (former tenants) Joann\u2019s and Tuesday Morning going bankrupt, we were very sensitive about coming up with the right tenant mix to stabilize the property long term.\u201d<\/p>\n

Palumbo said his firm fielded inquiries about the 6,700-square-foot Red Lobster site from several potential tenants, including some not in the food business.<\/p>\n

\u201cGiven the building\u2019s layout and its location as an outparcel, we determined that a restaurant use remained the most appropriate and highest-quality fit for the space,\u201d he said. \u201cUltimately, the process involved evaluating multiple interested parties and selecting a tenant that aligned with both the physical characteristics of the site and our broader merchandising strategy for the center.\u201d<\/p>\n

Red Lobster shuttered its doors in the third quarter of 2024 after the company filed for bankruptcy. It had been a plaza tenant since the 1980s.<\/p>\n

\u201cWe\u2019ve got a couple small spaces left, and we\u2019ve had some great inquiries now that we\u2019ve announced Burlington and Mi Rancho Alegre,\u201d Palumbo said. \u201cSo we\u2019re pretty excited. We do have relationships with most of the national retailers. Sometimes it\u2019s just timing \u2014 who\u2019s looking and when they\u2019re looking.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

By Paul Post Three new firms are coming to Queensbury Plaza on Upper Glen Street, triggering interest from other retailers that could fill the site\u2019s remaining vacancies. Construction is underway for a 7 Brew drive-through-only coffee kiosk, a Burlington clothing store will occupy the former Joann Fabrics and Crafts space, and a Mexican restaurant, Mi […]<\/p>\n","protected":false},"author":89,"featured_media":39008,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-39007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"\r\nQueensbury Plaza Adds Three New Businesses As Leasing Momentum Builds - Glens Falls Business Journal<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2026\/04\/queensbury-plaza-adds-three-new-businesses-as-leasing-momentum-builds\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Queensbury Plaza Adds Three New Businesses As Leasing Momentum Builds - Glens Falls Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"By Paul Post Three new firms are coming to Queensbury Plaza on Upper Glen Street, triggering interest from other retailers that could fill the site\u2019s remaining vacancies. 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