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Howard Hughes Buys Landmark Mall Macy's; Moves Forward With Redevelopment

ALEXANDRIA, VA--The REIT is planning to transform the mall into an open-air mixed-use community.

By Erika Morphy | erikamorphy | Updated on January 09, 2017

Landmark Mall Landmark Mall

ALEXANDRIA, VA–Howard Hughes Corp. has acquired the 11.4-acre Macy’s store and parking lot at Landmark Mall for an undisclosed price. The company, which owns the central section of the Landmark Mall site,  has been working with adjoining property owners, Sears and Macy’s, to explore a redevelopment of Landmark Mall, according to the City of Alexandria.

With Macy’s now acquired, Howard Hughes Corp. says it is planning to move forward with plans to redevelop the enclosed mall and the Macy’s parcel into an open-air, mixed-use project that will have retail, residential and entertainment uses as well as multiple plazas and green spaces, outdoor seating, an updated transit center and a luxury cinema. “Our vision is to revive the site and create a new urban hub on the west end of Alexandria,” Mark Bulmash, SVP for Howard Hughes Corp. said in a prepared statement.

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