New first-of-its-kind Target store to open in Chapel Hill

A rendering of the new Target store in Chapel Hill.

UNC-Chapel Hill students won't have to go far to shop at a Target store.

The company held a ribbon cutting for its first small-format store at 123 Franklin Street in Chapel Hill on Tuesday.

The new 22,000 square-foot store is located in the Carolina Square development. It employs about 50 people.

The new store includes grab-and-go grocery items, as well as dorm and apartment merchandise. It also has a CVS Pharmacy, Starbucks and a Mobile and Order Pickup.

The official grand opening is set for Saturday at 8 a.m.

Target has been adding stores in college markets and in more suburban markets lately.

Target plans to open a small-format store in Raleigh near NC State in October.

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