|
Enfield Square Mall's days may be numbered.
The redevelopment is set to receive a major boost with $10 million in bond funds from the State of Connecticut. The funding is expected to be approved tonight by the Community Investment Fund. The Town of Enfield has also committed around $16 million is tax-concessions for the project. Enfield Square Mall is planned to be reinvigorated into Enfield Marketplace! The mall is under contract to be purchased by Woodsonia Acquisitions, a Nebraska-based developer. The plans for the site would include a mixed-use development with retail, restaurants, 2 hotels, over 400 residential units, and trails around the property. The total development is estimate to cost close to $350 million according to the developer. The developer plans to demolish the mall, except for the Target building; Target would remain as a stand alone structure. The mall is rapidly emptying out with Party City closing and SSUPhoto Designs & Galaxy Pops and Beyond relocating to South Windsor. The mall is still home to numerous tenants including After Hours Events, GameStop, The Money Pit, Kebab House, Mosaic Cafe, Second Floor Games, and many more. It's unclear where these tenants will move to next. Demolition could start as soon as this summer.
0 Comments
Leave a Reply. |
Towns |
Company |
|