|Graham Park Plaza|
Federal Realty Investment Trust, the owner of Graham Park Plaza, the shopping center on Route 50 formerly known as Loehmann’s Plaza, is considering redevelopment options, including a mixed-use building with multifamily housing on the upper floors and retail on the ground floor.
No formal proposal has been drafted. “At this time, Federal Realty is in the early stages of evaluating and exploring options to enhance Graham Park Plaza and working closely with Supervisor Gross, the community, and county staff,” said Sarah North, senior marketing manager with Federal Realty. “While there are no firm plans in place at this time, we are committed to working through this process as we did with the integration of Giant Foods with the community.”
“Options are being evaluated as input is gathered from county officials and community members,” North said. “We look forward to announcing definitive plans in the upcoming months on the revitalization of Graham Park Plaza.”