Regency plans redevelopment for Kings Park

Washington, D.C. — Regency Centers plans to redevelop Kings Park Shopping Center in the Northern Virginia town of Burke. The work will include a facelift, enhanced common areas and structural expansion.

“When Giant expressed a desire to expand their existing 28,161-sq.-ft. store to 52,000 sq. ft., we saw the opportunity to improve the center overall and provide long-term benefit to the community,” said Alan Roth, senior VP and senior market officer for Regency Centers. “Giant will close its store June 19 and build an expanded store to serve the 125,000+ residents within three miles of Kings Park.”

Serving as a neighborhood gathering spot for the Burke community, Kings Park is 100% leased.

Façade enhancements will commence in July. By November, the common area enhancements, including repaving the parking lot and enhancing the patio area and façade will be completed. By spring of next year, the redevelopment is slated to wrap up with the re-opening of Giant.

 

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