|A rendering of "Landmark Corner." [Howard Hughes Corp.]|
The Howard Hughes Corp., which plans to redevelop the site of Landmark Mall has acquired an 11.4-acre site that includes the Macy’s store and parking lot, the company announced Jan. 9.
Macy’s Inc. is closing 68 of its stores nationwide, including the one at Landmark, as part of a reorganization strategy.
Howard Hughes Corp. plans to close the interior portion of Landmark Mall at the end of January.
“Building on the initial rezoning approval by the Alexandria City Council in June 2013, the company plans to transform the enclosed mall, which originally opened in 1965, and the Macy’s parcel into a vibrant open-air, mixed-use community with retail, residential, and entertainment components designed to create a dynamic urban village,” states a press release from the company.
“In addition to a fresh line-up of retail offerings and Class A residences, the new Landmark will feature multiple plazas and green spaces, outdoor seating, an updated transit center, seasonal entertainment, public art, numerous full-service and fast-casual dining options, and a luxury cinema,” it states.
“Our vision is to revive the site and create a new urban hub on the west end of Alexandria,” says Mark Bulmash, senior vice president of development. The acquisition of Macy’s “enables us to increase the scale of this catalytic redevelopment and transform Landmark into a vibrant destination attracting area residents and visitors.”
“A definitive timeline for the redevelopment has not been finalized,” the company states.