Sears, along with many other businesses on the southwestern corner of the San Antonio Shopping Center, will close its doors in the next few months if the plan for a new mixed use complex on the site is approved by the City Council on April 26.
Mike Grehl, vice president of Merlone Geier, which owns 16 acres of the 56-acre center, said that demolition could begin as early as May on the buildings that sit on his firm's portion of the shopping center.
Sears, which posted signs for a "going out of business" sale, will likely be one of the last buildings demolished to make way for the new mixed-use complex, which will combine both retail and living space, similar to Santana Row in San Jose.
Kim Freely, a spokeswoman from Sears said July 10 is the last day customers will be able to shop at that location.
Grehl said that Merlone Geir is in talks with all of its current tenants, which include Burger King and Rite Aid, about reopening upon the completion of the new complex.
Freely said that the department store chain currently has no plans to reopen in the new San Antonio Shopping Center when it is finished.