MOM, CAN YOU DRIVE US TO THE MALL?
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|The Bronx's Bay Plaza Shopping Center is already 1.3M SF. Why not add another 630k SF? Prestige Properties is building the $270M enclosed Mall at Bay Plaza, attaching it to a 150k SF existing JCPenney. The new digs will include a 160k SF Macy's, which the developer expects will be a draw for other retailers. Breaking ground is spring 2012 and opening within two more years, and it'll serve four million residents within 10 miles. Oh, and there are plenty of places for Mom to park, with 1,800 spaces. Welco Realty's Jerry Welkisand Allen Cooperman will handle leasing.|