REAL ESTATE

Nordstrom to relocate to Del Amo Fashion Center as part of center’s redevelopment

BY Marianne Wilson

Seattle — Nordstrom said it plans to move its full-line store located at South Bay Galleria three miles south to Del Amo Fashion Center, Torrance, Calif. The two-level, 138,000-sq.-ft. store will open in 2015 as part of a major renovation of Del Amo Fashion Center that was announced Monday by Simon Property Group.

“While we’re grateful for the business we’ve been able to do at South Bay Galleria over the years, we feel relocating gives us our best chance to deliver a more compelling shopping experience,” said Erik Nordstrom, president of stores for Nordstrom. “We look forward to working with Simon and being part of this terrific redevelopment at Del Amo so that we can continue taking care of our South Bay area customers for many years to come.”

The announcement of Nordstrom’s arrival at Del Amo Fashion Center marks one of many significant upgrades Simon will undertake the center over the next two years. The redevelopment will commence in spring 2013 by replacing the existing food court with a transformed garden-inspired dining area and renovating the interior of a portion of the north mall, which will be completed by holiday 2013.

The redevelopment will also include enhancements to the ambience of the outdoor lifestyle village, the addition of a 1,800 car parking garage, planting of lush landscaping, upgraded parking throughout the entire mall property, new identity and informational signage, and improvements to facilitate customer circulation in and around the property. Completion of this work will be timed with the grand opening of Nordstrom in 2015.

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Mar-19-2013 01:51 am

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REAL ESTATE

Dillard’s joins line-up for The Shops at Summerlin

BY Staff Writer

Dallas — The Howard Hughes Corp. and Dillard’s announced that the department store is the latest anchor to be part of The Shops at Summerlin, in West Las Vegas Valley. Dillard’s will build a two-level, 200,000-sq.-ft. foot in the center, with opening scheduled for fall 2014.

The Shops at Summerlin, when complete, will include retail, entertainment, office, hotel and multi-family residential, designed to create a walkable urban core in the heart of the 22,500-acre master planned community. It will feature over 125 stores and restaurants in an open-air shopping environment with pedestrian thoroughfares and engaging storefronts.

In September, the Howard Hughes Corp. announced Macy’s had signed on as the first anchor tenant at The Shops at Summerlin, which is anticipated to open in late 2014.

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May-01-2013 03:27 pm

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REAL ESTATE

JoS. A. Bank opens 600th store; plans to grow to 800 stores

BY Marianne Wilson

Hampstead, Md. — JoS. A. Bank Clothiers announced the opening of its 600th store, in the Shops at Midtown Miami on North Miami Avenue in Miami. The company said it expects to open another 200 stores in the future as part of its long-term plan to grow the chain to approximately 800 stores, including 700 full-line stores and 100 factory stores in the United States.

“Over the past five years, we have opened more than 190 new stores and created more than 3,000 jobs in the United States,” stated R. Neal Black, CEO of JoS. A. Bank. “Our balance sheet continues to be strong and it positions us to be able to focus on the long-term growth prospects of the company.”

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