MINNEAPOLIS (WCCO) — Saks Off Fifth will remain in downtown Minneapolis after all.

The fashion retailer, along with Shorenstein Properties LLC, announced on Tuesday the signing of a lease for 40,321 square feet in the retail portion of Minneapolis.

“We’re excited to announce that Saks Fifth Avenue OFF 5TH will remain in downtown Minneapolis,” said Jonathan Greller, President of Outlets, HBC. “This city has been a strong market for us, and Minneapolis City Center provides us with a vibrant location in which to serve our exceedingly loyal customers. We look forward to continuing to be the fashion destination for shoppers looking for exceptional merchandise at great value.”

The new store is slated to open in April 2016.