Brownfield redevelopment of an 87-acre urban industrial site used as a factory from the early 1800s until 1986 into 1.2 million square feet of retail and commercial space Including a 1 million-square-foot regional mall, Brass Mill Center, and a 200,000-square-foot big-box community shopping center, Brass Mill Commons. The redevelopment will have an urban entertainment dimension, a stadium 12-screen theater complex that is fully integrated into the mall and has high visibility from the main entrance. In addition to its entertainment features, the regional center is anchored by stores from three national department store chains. The mall also has 330,000 square feet of in-line retail space, which currently is close to 80 percent leased. The mall, coupled with the community shopping center, will provide ample shopping opportunities for the 130,000 households within the primary market area as well as additional shoppers from greater distances. Lengthy, complex, and costly remediation of environmental contamination and efforts to minimize developer/owner liability characterized the development process, which would have been nearly impossible without deep subsidies from state and local governments.
Developed in 1966 as a one-anchor regional mall. In 1988, the sole anchor department store, Lazarus, left to become a new anchor in the expanded Kenwood Plaza (now known as Kenwood Towne Center), leaving only its furniture department behind. In-line tenants with expiring leases also began to leave, preferring instead to locate in Kenwood Towne Center, the upscale super regional mall located across the street. Rather than compete directly with the new center, the developers of Sycamore Plaza decided to redevelop the center as a power center with a vertical component. Sycamore Plaza at Kenwood now boasts five large national and regional category killer merchants as anchor tenants and a host of non-anchor tenants. Its orientation was virtually turned inside out during the $18.7 million conversion.
A 1.2 million-square-foot value-oriented shopping center housed in a former Ford Motor Company assembly plant. The center contains 14 anchor stores and 201 in-line shops. Supplementing the outlet and off-price shops is an entertainment component of arcade and virtual reality games and five transportation-theme courts.
A 2.5 million-square-foot (GBA) regional mall in downtown White Plains New York. Targeted to an affluent, sophisticated market, the 829,000-square- foot (GLA) project is anchored by a Nordstrom and a renovated Neiman Marcus and features nearly 150 upscale tenants, a specialty retail/food court pod, valet parking and concierge services, opulent finishes, an abundance of skylights, and 3,200 parking spaces.
The renovation, expansion, and subsequent repositioning of what is now a 697,000-square-foot value-oriented regional mall. Because of an increasingly competitive environment, the original mall was strengthened in 1987 with the addition of a new mini-anchor and a food court and cinema complex. Subsequent to this, the center’s major fashion anchor went dark, forcing the substantially vacant center to reposition itself as a value-oriented mall in 1991, adding Burlington Coat Factory as a key new anchor.
The transformation of a two-anchor, 467,856-square-foot regional mall into a fashion-oriented, three-anchor mall of 824,674 square feet. The reno- vation updated and improved existing finishes while adding 40,000 square feet of new retail space to the existing two-level structure.The expansion added a three-level wing that now includes a major new department store anchor, a food court, and a 12-screen theater.
Renovation and remerchandising of one of the first regional open-air malls developed in the United States. The first phase, completed in 1994, included the addition of a Nordstrom department store and 65 smaller stores, complementing the existing department store anchors of Marshall Field’s, Saks Fifth Avenue, and Lord & Taylor. The second phase, completed in 1995, included a new Bloomingdale’s plus 25 specialty stores and a ten-eatery food court. The renovation added more than a half-million square feet of new space to the center. Always known for its natural outdoor beauty, Old Orchard Center has been further enhanced by the addition of extensive gardens, fountains, and seating areas with an interactive ambience.
