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The purpose of retail development or redevelopment activity is to create value substantially greater than the investment. This requires the skill to determine the right project scope, establish the correct merchandising plan, and bring it all together on time and at the right cost. Kravco Simon, through its predecessor Kravco Company, has been doing this for over 50 years, having developed, expanded or renovated more than 30 million square feet of retail space throughout the country. Future projects include Bangor Mall redevelopment, Lehigh Valley Lifestyle Center expansion, Montgomery Mall redevelopment and expansion and Quaker Bridge Mall redevelopment and expansion.
| The Galleria at Ft. Lauderdale |
| Location: |
Ft. Lauderdale, Florida |
| Square Footage: |
1,018,650
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| Date Opened: |
1980 |
| Date Redeveloped: |
2002-2005 |
| Anchors: |
Dillards, Neiman Marcus, Saks Fifth Avenue,
Macy’s |
| Major Features of the Project: |
Complete redevelopment of the Palm Court (food area);
new flooring, lighting, seating areas, landscaping; new exterior landscaping, front entrance, lighting, paint, signage, and a signature fountain in the main entrance. |
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| Hamilton Mall |
| Location: |
Hamilton Township, New Jersey |
| Square Footage: |
923,360
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| Date Opened: |
1987 |
| Date Redeveloped: |
Renovated in 2003 |
| Anchors: |
Sears, JCPenney, Macy's |
| Total Cost of Redevelopment: |
$8,000,000 |
| Major Features of the Project: |
New porcelain tile floor, new entrance upgrades, food court upgrades/ reconfiguration, new first level restrooms, and new landscape, amenities and graphics packages. |
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| The Promenade at Sagemore |
| Location: |
Marlton, New Jersey |
| Square Footage: |
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| Date Opened: |
November 2001 |
| Development: |
Upscale, open-air lifestyle center with P.F. Chang, Hugo Boss, Banana Republic, J. Crew, Ann Taylor, Domain, Coldwater Creek and more exciting tenant and restaurants, and anchored by L.L. Bean. |
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