PLAINSBORO, NJ—Onyx Equitieshas begun a $2 million renovation project at PlainsboroPlaza, a 218,000-square-foot shopping center Onyxpurchased in 2013.
Onyx plans to invest about $2 million incapital improvements that will increase brand visibility andimprove traffic flow. Renovations include modern facades withlarger signs, new landscaping, a new 58-foot landmark tower, newdirectional signage, a new pylon sign at the intersection ofSchalks Crossing Rd. and Scudders MillRd., three new pylons at the plaza's entrances, and areconfiguration of the parking field. Upgrades began lastsummer and are scheduled for completion in spring 2015.
“We are making every effort to maximize tenant and shopperexperience,” says Joel Dicker, senior vicepresident of Retail Leasing and Development, OnyxEquities. “We are especially thrilled about the new20,000 square feet of leasing activity since the start of therenovations. We have re-infused vitality into PlainsboroPlaza and look forward to announcing more store openingsin the near term.”
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