CBL leaders announced Monday Northgate mall renovation and redevelopment plans, which will include the revamp of the nearby T.J. Maxx-anchored community center, and enhancements to the inside and exterior of the mall.
“Since our acquisition ofNorthgateMall last year we have been looking forward to unveiling plans to enhance the overall shopping experience and create the best retail destination for Hixson and the surrounding areas,” Stephen Lebovitz,CBL’s president and CEO, said in a prepared statement.“It is exciting to formally begin this process with today’s announcement as we work towards completion of this work in advance of the 2013 holiday season.”
Officials have plans to add a Ross Dress for Less and Michael’s Arts & Crafts. Crews will begin construction on this community center area in early 2013, and aim to be finished by fall of the same year.
Crews are also going to update the main entrance and repave some of the parking lot.
Leaders said new soft seating will be added inside, as well as new flooring, ceiling and lighting upgrades.
The mall renovation is scheduled to begin in summer of 2013 and completion is expected in the fall.
“This announcement represents just the first phase of our plans to revitalize the center,” Lebovitz also said.“NorthgateMall continues to provide strong opportunities to improve its merchandising mix through utilizing available space and upgrading the retail offerings. We will be adding more new stores and restaurants and look forward to providing updates on further improvements in the near future.”
CBL also owns and manages Hamilton Place Mall, a 1.3-million-square-foot dominant super-regional enclosed mall as well as five associated centers and two office buildings, including its headquarters, in the Chattanooga market.
CBL bought Northgate last Octoberfor $11.5 million via online auction.