Groundbreaking for the 39-acre Camarillo Town Center will take place Wednesday at the southwest corner of Las Posas Road and Ventura Boulevard, officials have announced.
The $45-million center, which was approved unanimously by both the Camarillo City Council and Planning Commission, will be anchored by a 116,000-square-foot Target department store. Other retailers, restaurants and a service station also will be built on the site.
City officials said they hope the project will keep sales tax dollars in the city and provide shopping opportunities now found outside of Camarillo.
The developer, CEP Investors II Ltd., has also secured Ross Dress for Less, Staples, Petco, Home Express, Del Taco, Wendy’s and several other retailers that will occupy the 20 spaces in the 355,000-square-foot complex.
The Camarillo Town Center is expected to open for business next June, said Reed Henkelman, a vice president of CB Commercial, the firm that is overseeing the center’s leasing arrangements.
The groundbreaking ceremony, to be held at 2 p.m. Wednesday, will feature Camarillo City Council and Chamber of Commerce officials.