Showing posts with label Simon Property. Show all posts
Showing posts with label Simon Property. Show all posts

Friday, December 2, 2011

King of Prussia Mall announces another major expansion

The King of Prussia Mall, already one of the largest shopping malls in the United States (the largest, according to Wikipedia, which is always right), will soon get significantly bigger. Simon Property Group, the mall's owner, announced earlier this week that they plan to unify the two main shopping venues - the 1,680,000 square foot Plaza and the 902,000 square foot Court - via a 140,000 square foot expansion that will include approximately 40 new retailers, several restaurants, an upscale dining pavilion and a customer lounge.

This expansion plan is in addition to the current redevelopment underway at the former Strawbridge's building, which by this time next year will include ten new retailers in a two-story, 100,000 square foot space.

The King of Prussia Mall currently has seven department stores, more than 400 retailers and 40 restaurants.

Thursday, November 17, 2011

Wegmans to open store in Montgomeryville, PA

Simon Property Group, owner of the Montgomery Mall in Montgomeryville, PA, announced yesterday that it has signed an agreement with Wegmans to open in the former Boscov's space. According to Wegmans, the Boscov's space will be demolished, and the supermarket will be built in its place but will not connect to the mall. A timeframe hasn't been announced.

A Wegmans representative stated that the company opens three stores per year, and 2012 will see the opening of the King of Prussia store (in April) plus two stores in Maryland.

The manager of the Montgomery Mall said the Wegmans store will be approximately 140,000 square feet, and will also be the first Wegmans to open at a Simon property.

Assuming the King of Prussia store opens on schedule, the Montgomeryville store will be Wegmans 16th in Pennsylvania.