Breaking ground on The Mall at Bay Plaza, in New York, launched the beginning stages of the “most compelling new retail opportunity in the U.S.,” said Jerry Welkis of Welco Realty Inc., exclusive leasing agency for the project.
The Mall at Bay Plaza is located on a corner parcel at the intersection of the Hutchinson River Parkway and Interstate 95 where a combined 250,000 cars pass a day.
The $300+ million Mall at Bay Plaza will add 780,000 sq. ft. of enclosed retail in a luxurious setting.
“Our vision has been to design and build the highest-quality enclosed fashion mall that sets the standard for the industry, and certainly for the New York City area,” said Sam Shalem, chairman and CEO, Prestige Properties.
Amenities for the enclosed fashion mall include desirable food court options with expansive views of the surrounding retail.
When The Mall at Bay Plaza opens to the public in 2014, adjacent to the highly successful outdoor Bay Plaza Shopping Center, it will be heralded as the first enclosed fashion mall in the New York City area in nearly 40 years. Read More.