Why is redevelopment needed?
Landmark Mall is an aging center built in 1965 and last updated 25 years ago.
It became part of The Howard Hughes Corporation portfolio six years ago. The company has continued to operate the mall to serve the community, but redevelopment is needed to once again make it viable and competitive in the marketplace and better address community needs.
What part of Landmark Mall will be redeveloped?
The center enclosed portion of the Landmark Mall, along with the former Lord & Taylor and Macy’s anchor space, will be redeveloped. Sears is independently owned and will remain open.
What is planned?
A walkable, mixed-used urban village will bring approximately 317,000 square feet of modern shops and restaurants along with up to 400 new residential units and an updated parking structure.
In addition to the new retail and residences, the new Landmark will be an open-air community destination featuring multiple plazas and green spaces, outdoor seating, seasonal entertainment and public art. There will be numerous full-service and fast-casual dining options, along with a luxury cinema—and more.
Has the redevelopment been approved?
The redevelopment has been through several rounds of approval with the City of Alexandria. Final site plan approval and other reviews are pending.
Why has redevelopment taken so long?
Stakeholders agree Landmark Mall has languished too long. Remaking it has stymied multiple owners because it is a complex and expensive undertaking. The Howard Hughes Corporation envisions a true community destination that will be an amenity for the entire city.
The Howard Hughes Corporation took over Landmark Mall in November 2010, and received rezoning approval for the redevelopment in 2013. Significant progress has been made in 2015, and that effort is continuing.
What is the timing?
As stated earlier, the redevelopment of Landmark Mall is a very complicated process. Work is underway to advance the project into the next phase. Significant progress has been made in 2015, and excitement about the future is growing as many retailers and restaurants are expressing interest in the new project.
Is the mall open?
In connection with the future development, the interior portion of the mall will be closed to the public on February 1, 2017. Sears will remain open as well as businesses operating on the outparcels/parking field portion of the mall.