Construction work is expected to begin in late spring on a
major expansion of the King of Prussia Mall.
The estimated $150 million development will consist of
constructing roughly 250,000 square feet of space that will connect the Plaza
where Neiman Marcus is located with the Court where Macy’s and Bloomingdale’s
are housed.
IMC Construction of Malvern, Pa., was selected by the mall’s
owner, Simon Property Group, as construction manager. Requests for proposals
have gone out for subcontractors, which means Simon is preparing to move
forward with the work. Officials from Simon couldn’t be reached for comment.
Once completed, the 1.68-million-square-foot Plaza and will
be connected to the Court, which totals 902,000 square feet. It will briefly
mean the mall will be the largest in America until the owner of Mall of America
completes a $225 million, 5.6-million-square-foot expansion. King of Prussia
Mall will also fall to third place among the largest malls in America once
Adventura Mall in Miami, Fla., completes a 241,000-square-foot expansion. The
Florida mall will be more than 2.9 million square feet.
Source: Philadelphia
Business Journal
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