Development of the property is being handled by Indiana-basedSimon Property Group and Kravco Simon Co., based in King ofPrussia, PA. Kravco Simon, which is 50% owned by Simon PropertyGroup, has a 38% stake in the Quakerbridge Mall.

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Plans to expand the mall were revealed in Sept. 2005, and in May2007 it was revealed that the expanded mall would include a90,000-sf Neiman Marcus and a 144,000-sf Nordstrom. The new storesjoin current anchors JCPenney, Lord & Taylor, Macy's and Sears.The current JCPenney store will be demolished and a new 140,000-sfJCPenney will be built.

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The first phase of the project, which is scheduled to go beforethe planning board for a vote on June 2, would include constructionof the new anchors and a three-level parking garage. Constructioncould begin about a month after the planning board gives approvaland is scheduled for completion in 2011. Specific financial detailsof the project were not disclosed.

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Representatives of the developers met with the planning board onMonday to answer questions regarding traffic and energyconservation. The mall's owners have pledged $8 million for trafficimprovements in the area that include adding an additional lane onRoute 1 south and widening Clarksville and Franklin Cornerroads.

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In addition, the developers addressed concerns about energy useand promised to incorporate sustainable measures into the project.Such measures include orienting JCPenney to take advantage ofpassive heating and cooling and working with the US EnvironmentalProtection Agency to reduce energy use in the new building.

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"We're working closely with government bodies and officials todo the right and proper thing," a spokesperson for Simon PropertyGroup, tells GlobeSt.com.

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The spokesperson continues that "we're very focused on improvingthe malls and making them as attractive as they can be for ourshoppers, and that helps the area as well."

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