The Howard Hughes Corp. plans to begin an ambitious redevelopment of Landmark Mall in Alexandria in spring 2014 following the Alexandria City Council's approval of the multimillion-dollar project.
The 11-acre indoor mall will be converted to an open-air town center under the plan approved by the City Council on June 15. The The 750,000-square-foot redevelopment will include the existing Sears and Macy's stores, along with approximately 285,000 square feet of additional retail, 400 residential units and an upscale dining movie theater.
The first phase of the project is slated for completion in spring 2016.
"Our vision is to breathe new life into Landmark and the surrounding area," John Simon, executive vice president of strategic planning for Dallas-based Howard Hughes (NYSE: HHC), said in a statement. "I would like to thank Alexandria's City and community leaders, City staff, City Planning Commission, Mayor and City Council, Sears and Macy's for working closely with us to move this vital project forward."
The Alexandria Planning Commission, while disappointed in some of the project's details, voted June 4 to support the project.
In a statement, Alexandria Mayor Bill Euille said the City Council's approval of the plan represents months of collaboration with city officials.
"This project will be the economic engine to bring vitality to this major retail center and the surrounding neighborhoods, which is long overdue," Euille said in a statement.
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