Landmark Mall Landmark Mall

ALEXANDRIA, VA–Howard Hughes Corp. has acquired the 11.4-acre Macy’s store and parking lot at Landmark Mall for an undisclosed price. The company, which owns the central section of the Landmark Mall site,  has been working with adjoining property owners, Sears and Macy’s, to explore a redevelopment of Landmark Mall, according to the City of Alexandria.

With Macy’s now acquired, Howard Hughes Corp. says it is planning to move forward with plans to redevelop the enclosed mall and the Macy’s parcel into an open-air, mixed-use project that will have retail, residential and entertainment uses as well as multiple plazas and green spaces, outdoor seating, an updated transit center and a luxury cinema. “Our vision is to revive the site and create a new urban hub on the west end of Alexandria,” Mark Bulmash, SVP for Howard Hughes Corp. said in a prepared statement.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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