Chattanooga, TN — In 2013, CBL & Associates Properties, Inc. plans to complete multi-million dollar renovations at three market-dominant CBL malls in North Carolina, Virginia and Louisiana.
Chattanooga, TN — In 2013, CBL & Associates Properties, Inc. plans to complete multi-million dollar renovations at three market-dominant CBL malls. Projects are scheduled for completion this year at Friendly Center in Greensboro, N.C.; Greenbrier Mall in Chesapeake, Va.; and The Mall of Acadiana in Lafayette, La.
“Renovating our malls is an ongoing priority for CBL,” says Stephen Lebovitz, president and CEO. “These enhancements ensure that each mall remains a top shopping destination, attracting great new retail and restaurant names and creating a shopping experience that consumers will enjoy.”
The Mall of Acadiana will receive contemporary design improvements, including updated entrances, paint, new interior décor and graphics, upgraded restrooms, remodeled food court, new landscaping, as well as new amenities, including soft seating areas. Friendly Center’s renovation will include updated walkway canopies and landscaping. Greenbrier Mall will receive new upper-level carpet, paint, restroom upgrades, landscaping improvements, as well as a newly designed food court including new tables and chairs.
Friendly Center and The Shops at Friendly Center in Greensboro, N.C., is a complete lifestyle shopping, dining and entertainment experience. The complex, which boasts over 1.3 million square feet, is anchored by Belk, Macy’s, Sears, The Grande Cinema, Barnes & Noble Booksellers, Old Navy, Harris Teeter and REI.
The Mall of Acadiana is the premier shopping mall in Lafayette, La., with almost 1 million square feet of leasable area. The center is anchored by Dillard’s, Macy’s, JCPenney and Sears and features more than 100 specialty retailers.
Greenbrier Mall is an almost 900,000-square-foot enclosed, two-level regional shopping center located in Chesapeake, Va. It is anchored by Dillard’s, Macy’s, JCPenney and Sears and features more than 120 specialty stores.
CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 163 properties, including 95 regional malls/open-air centers. The properties are located in 27 states and total 91.8 million square feet including 9.4 million square feet of non-owned shopping centers managed for third parties. Headquartered in Chattanooga, Tenn., CBL has regional offices in Waltham, Mass.; Irving, Texas; and St. Louis.
For more information, visit cblproperties.com.
SOURCE: CBL & Associates Properties