Business & Tech

Vornado Releases Video Preview for Springfield Town Center

New video gives insight into shopping mall scheduled to be completed by the summer of 2014.

Vornado Realty Trust has provided a preview video of the Springfield Town Center which is expected to be completed by summer 2014. The new video — provided on the Vornado and shopping center Web sites — elaborates on the Springfield area and new features shoppers can expect when the center opens next year.

Some features, Springfield and surrounding area residents should expect, include a multi-screen cinema, a new main entrance with valet parking, a health club, 700-seat food court, multiple kids' areas throughout the property and more than 7,600 parking spaces.

According to the video, more than 500,000 cars pass the property daily and about 10,000 D.C. metro riders stop at the Franconia-Springfield Metro Station which is a 10-minute walk from the shopping center.

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The Springfield Mall is currently going through a transformation in preparation for its opening next summer.

"I mentioned earlier in my opening remarks the Springfield Mall in Virginia is in the midst of a total transformation that will make it the dominant fashion offering for an affluent and underserved trade area in the south side of the D.C. Metro area," Schear said.

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The new Springfield Town Center will include existing anchors J.C. Penney, Macy's and Target, as well as a new cinema, health club and...offices, along with 45,000 square feet of restaurants, a new food court and 450,000 square feet of mall shops. The construction leasings are on schedule for summer 2014 opening, and we will be announcing additional lead tenants later this year."

When completed, the new town center will be 1.3 million sq. ft., accessible to about 800,000 people with an estimated household income of more than $117,000 a year and growing, according to the Vornado Web site.


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