Kimco Reality, General Growth to Redevelop Owings Mills Mall

OWINGS MILLS, MD-Kimco Reality Corp. is partnering with Chicago-based General Growth Properties to redevelop the Owings Mills Mall.

By GlobeSt News Hub | November 10, 2011 at 01:01 AM

OWINGS MILLS, MD-Kimco Reality Corp. is partnering with Chicago-based General Growth Properties to redevelop the Owings Mills Mall. The commercial real estate trust has purchased a 50% stake in the shopping mall from General Growth.

The $65 million to $75 million redevelopment plan includes replacing much of the mall with individual stores. The project will include new big-boxes retailers and exterior-facing shops. The shopping mall is expected to be opened in 2014 after redevelopment. For the full story, go to Baltimore Business Journal .

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