Trader Joe's Will Open in Bay Ridge Century Marketplace

The grocery chain will occupy part of the new 95,000-square-foot retail development on 86th Street.

Updated on Oct. 11, 2026 in Openings & Closings

Trader Joe's Will Open in Bay Ridge Century Marketplace

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Trader Joe's is set to open a new location within the Century Marketplace development in Bay Ridge. The project will bring new grocery options to the site that previously housed a Century 21 store.

Why it matters

The addition of this grocery retailer to the 86th Street corridor is intended to revitalize local shopping and food access. This tenant announcement marks a key milestone for the site following its 2025 sale to developers.

The Century Marketplace retail development spans roughly 95,000 square feet. The property was sold for $47.5 million in 2025 to developers.

The players

Trader Joe's

This national grocery chain specializes in private-label products and is known for its distinctive store aesthetics and neighborhood-focused expansion strategy.

Kayla Santosuosso

She is a New York City Council Member who represents the district including Bay Ridge and has been actively involved in local development announcements.

Century 21

This historic discount department store chain was founded by the Gindi family in 1961 and previously anchored the retail site at 86th Street.

MCB Real Estate

This is a commercial real estate firm that purchased the former Century 21 site in 2025 as part of a joint venture for the Century Marketplace project.

Osiris Ventures

This development group partnered with MCB Real Estate to acquire the Bay Ridge property for the creation of the new Century Marketplace.

The details

Council Member Kayla Santosuosso announced the move, which will utilize the site of the former Century 21 department store. Plans for the marketplace include a two-story building featuring an interior atrium facing 86th Street.

Century 21 opened at the location in 1961.
The Century 21 store closed its doors in 2020.
The Gindi family scrapped previous retail plans in 2024.
The site was sold to developers for $47.5 million in 2025.
Century 21 holdings were sold separately in December 2025.

Market Landscape

This development follows a broader trend of converting former large-scale department store sites into modern multi-tenant marketplaces. It positions the new retailers to capitalize on the existing customer density of the 86th Street corridor.

The arrival of the new grocer will provide residents with additional food shopping options within the Bay Ridge neighborhood. Shoppers can anticipate increased foot traffic and activity along the 86th Street corridor once the marketplace is fully operational.

The takeaway

The transformation of the former Century 21 site highlights the ongoing evolution of legacy retail footprints in urban environments. Residents should look for updates from the developers regarding the final construction timeline and specific amenities at the new Century Marketplace.