Hughes buys Macy’s; will convert mall to open-air center
The Howard Hughes Corporation announced it has purchased the 11.4-acre Macy’s store and parking lot at its Landmark Mall in Alexandria, Virginia, and will set about transforming the enclosed property into an open-air center.
Macy’s shuttering of the location gave Hughes the opportunity to act on a rezoning of the site approved by the Alexandria City Council in 2013. In a release, the company said it intends to turn the 1965 vintage mall into a “vibrant, open-air, mixed-use community … designed to create a dynamic urban village.”
“Our vision is to revive the site and create a new urban hub on the west end of Alexandria,” said Mark Bulmash, Hughes’s senior VP of development.
Hughes will close a portion of the mall at the end of the month as a prelude to redevelopment. A timeline for its progress has not been finalized.
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