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Potomac Mills Sees Current Expansion as Model

WOODBRIDGE, VA-The sprawling mall continues to expand at the AMC Theater site--where it last significantly built out space.

By Erika Morphy | Updated on May 20, 2008

WOODBRIDGE, VA-Potomac Mills will be adding 50,000-sf of new restaurant and retail space, along with the development of a Neiman Marcus Last Call Clearance Center in existing retail space, over the next three years. The expansion, which includes a redesigned main entrance, will begin on the south side of the sprawling mall at the AMC Theaters and extend towards Costco. Potomac Mills is more than 1.6 million sf, anchored by 22 stores and contains more than 220 retail shops.

Development costs for all stages of the new project will exceed $10 million, Gregg Goodman, executive vice president, development for the Mills, which owns Potomac Mills, tells GlobeSt.com. He declined to be more specific. Goodman notes that this expansion is taking place at the site of the mall’s last significant development three years ago–when the AMC Theater was moved to the front location of the mall. That was a lease transaction and the theater was responsible for developing the building, he adds.

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