WTC shops set to open in 2015

New York /
May.May 22, 2012 12:00 PM

The first retail stores at the World Trade Center site could open for business by March 2015, Australian mall operator Westfield announced yesterday. Westfield, which has a 50 percent stake in the WTC site’s retail space, said the first retailers will be announced in the first half of next year. The openings would come more than 13 years after the destruction of the World Trade Center towers.

Peter Lowy, Westfield’s co-chief executive, said he expects a collection of upscale food shops, U.S. and international retailers and a “very good” supermarket to become tenants. Westfield unveiled images of what the new retail spaces may look like at the ICSC retail conference in Las Vegas.

There will be 352,000 square feet of above-ground retail spread across three floors, and two underground levels. The above-ground retail will be housed in 4 World Trade Center, which is under construction, and inside 3 World Trade Center, which is still in the planning stage. Most of the retail will be inside the Transportation Hub, a central stop for several train lines. [Reuters]


Related Articles

arrow_forward_ios
Mall giant Westfield to shed US assets, focus on Europe
Mall giant Westfield to shed US assets, focus on Europe
Mall giant Westfield to shed US assets, focus on Europe
Durst Organization Chairman Douglas Durst and Port Authority Chairman Kevin O’Toole (Getty, O'Toole Scrivo)
1 WTC set for $700M refinancing
1 WTC set for $700M refinancing
Larry Silverstein, 3 World Trade Center and Index Exchange CEO Andrew Casale (Getty, Silverstein, Index Exchange)
Casper signs subtenant for 43K sf at Silverstein’s 3 World Trade
Casper signs subtenant for 43K sf at Silverstein’s 3 World Trade
World Trade Center Mall (Getty)
Westfield hauls Starbucks into court in WTC mall dispute
Westfield hauls Starbucks into court in WTC mall dispute
From left: One WTC, Douglas Durst, Donald and Steven Newhouse (iStock, Getty)
Condé Nast pays back rent at One WTC, ending standoff with Durst
Condé Nast pays back rent at One WTC, ending standoff with Durst
Unibail-Rodamco CEO Jean-Marie Tritant with Westfield Broward in Florida and Westfield Culver City in California (right) (Photos via Unibail-Rodamco-Westfield)
Unibail-Rodamco plans “radical reduction” of regional malls
Unibail-Rodamco plans “radical reduction” of regional malls
Unibail-Rodamco-Westfield CEO Christophe Cuvillier, Westfield Century City in Los Angeles and Westfield World Trade Center in New York (Getty, iStock, Google Maps)
Unibail-Rodamco-Westfield says its real estate is worth 11% less than last year
Unibail-Rodamco-Westfield says its real estate is worth 11% less than last year
Durst Organization chairman Douglas Durst and Advance Publications president Donald Newhouse with One World Trade Center (Newhouse by Ilya S. Savenok/Getty Images for The Association for Frontotemporal Degeneration; Unsplash)
Condé Nast may be moving out of 1 WTC
Condé Nast may be moving out of 1 WTC
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...