NEW YORK CITY—The SoHo Apple store, located at 103 Prince Street and owned by Imperium Capital and Centurion Realty, is nearing the completion of a $20 million renovation.

The 30,000-sq.-ft. building at 103 Prince Street, located in the SoHo Historic District, was originally renovated in 2001 to utilize about half of the maximum floor space available. Apple took over the ground floor space at the rear of the property, previously used by the U.S. Postal Service. In 2011 the building was acquired by Imperium Capital. Once the renovation is complete, the Apple store retail space will increase by approximately 5,000 sq. ft.

The SoHo Apple store will reopen in July 2012 and is temporarily located at 72 Greene Street.