REAL ESTATE

Howard Hughes Corp. to redevelop closed Alexandria mall

BY CSA Staff

Howard Hughes Corp. (HHC) has apparently moved into the driver’s seat in the redevelopment of the shuttered Landmark Mall in Alexandria, Va.

HHC acquired the Macy’s at Landmark when the mall closed in 2017. The Sears at the property has continued to operate since then, and Hughes has apparently entered into a partnership to renovate the property along the Sears owner, Seritage Growth Properties, according to a report in the Washington Business Journal.

At a meeting of an advisory group meeting last week, HHC’ senior VP of development Mark Bulmash, said, “We now control the site. We made an agreement with the owner. Now we’re in to replan the site,” according to the newspaper.

The new plan for Landmark could include up to 5 million sq. ft. of mixed-use space. One talked-about tenant is Inova Health System with a 25-story medical office tower.

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