Howard Hughes Corp., which owns the majority of the Landmark Mall property in Alexandria's West End, and Sears real estate holding company Seritage are in talks to include the current Sears property as part of the mall site's redevelopment.
Sears, Sears Auto and a rental car company are currently the only retail businesses open at the shuttered Landmark Mall. The Carpenter's Shelter has moved into a portion of the former Macy's while a new, dedicated shelter is built in North Old Town.
According to Washington Business Journals, a Sears itself may not end up being part of the final development. Seritage "has been redeveloping many former Sears properties into mixed-use developments that encompass retail, restaurants, even coworking spaces — but often do not include the department store itself," WBJ reported. (Read more here.)
City of Alexandria officials plan to start meeting with the community later this year as part of the redevelopment process.
"After lengthy delays as a result of changes to the Landmark Mall sites’ ownership structure, changes in department store ownership and economics and the overall real estate market, The Howard Hughes Corporation, partial owner of the Landmark Mall site since 2010, recently indicated their readiness to move forward with redevelopment, which requires an update to the Landmark Mall framework plan and Landmark/Van Dorn Corridor Plan (2009). City Council has approved this effort as a priority in the FY 2019 Long-Range Planning Work Program," Alexandria City officials announced recently.
Meetings and more information about the redevelopment will be posted at www.alexandriava.gov/planning/info/default.aspx?id=90965 in the coming weeks.