Friday, July 27, 2018

Mall News

Marketplace at Burlington, the 1.5 million s/f  former Burlington Center Mall in New Jersey, will close in September when its last surviving tenant, Sears, closes. Under consideration for redevelopment is a mixed-use development including retail, or a warehouse park... New Victoria’s Secret and Bath & Body Works stores opened this month at University Mall, South Burlington, VT.  The long-time tenants’ expansion and relocation is one of several initiatives to re-merchandise the Mall, including leases with Target, H&M, and Shoe Dept. Encore to open stores this year. UMall is Vermont’s largest enclosed mall at more than 610,000 s/f... Edens LLC offered a first glimpse of a proposed makeover of the Woburn Mall, which includes 400 apartments, an 8-screen cinema, and an open-air concept that calls for 175,000 s/f of retail space. Under the preliminary plan, T.J. Maxx and DSW will be relocated to newly-constructed buildings connected by pedestrian walkways and outdoor green spaces. Edens hopes to complete work on the makeover by November 2019.

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