For more retail coverage, click GlobeSt.com/RETAIL.

FORT MYERS, FL-Simon Property Group is creating a 43,000-sf lifestyle component at Edison Mall, the one-million-sf shopping center at the intersection of US 41 and Colonial Boulevard. The addition will face US 41 and contain upscale retail tenants and “interesting restaurant concepts,” according to a Simon statement.

The addition is part of a $10-million makeover that also includes a new facade and the renovation of three entrances. The alterations will provide a Mediterranean esthetic and include new storefronts and overhangs and direct access to the stores from the outside. There will be additional lighting in the food court, expanded seating areas, new floors, restrooms and upgraded common areas. Work begins this August and interior remodeling will start in early 2006. The entire project is expected to take a year.

“We believe that this lifestyle addition will enhance the offerings at Edison Mall and at the same time create an inviting element,” says John Albright, SVP of development for the Indianapolis-based owner, in a statement. Calls to Simon were not returned by deadline.

Edison is the largest and longest established mall here. It opened in 1965. In 1998, it underwent a multimillion-dollar renovation that included the addition of skylights. David Anderson, area manager for Simon, says the newest renovation “will impact the entire Fort Myers’ market area. The fresh look and the addition of innovative lifestyle stores will help generate renewed excitement.” The Beck Group of Dallas is heading exterior architectural renovation, and Atlanta-based Daugherty & Associates is handling interior renovations.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

 

GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.