Starwood Retail Partners, a Chicago-based retail real estate platform and owner operator, has announced that it is investing $50 million in Northlake Mall, the premier retail destination for the thriving communities in the North Charlotte metropolitan area.
The company recently completed the purchase of an 11-acre parcel adjacent to Northlake Mall where it will develop more than 200,000-square feet into a new and exciting lifestyle component, which will be connected to Northlake Mall’s main entrance and lead out to the perimeter road surrounding the mall property.
“Starwood Retail Partners is pleased to be expanding Northlake Mall; this investment allows us to complete the vision that was proposed for Northlake 10 years ago,” said Scott Wolstein, Starwood Retail Partners CEO. “The new development will be designed to include home furnishings, full service and express restaurants as well as entertainment concepts and services.”
Northlake Mall expects plans for the lifestyle development to be completed by mid-2016. In addition to retail, dining, and entertainment; designs include beautiful landscaping, convenient parking as well as a pedestrian-friendly area. Construction is scheduled to begin by early 2017.
Northlake Mall’s two levels feature over 120 stores, restaurants and a 14-screen AMC Theater. Stores include Apple, Brooks Brothers, Pottery Barn, Michael Kors, Sephora, H&M, Vans, and J.Crew. Dining options range from Firebirds Wood Fired Grill and BRAVO! Cucina Italiana to Charleys Philly Steaks and Chick-fil-A. The welcoming and comfortable environment also features an interactive children’s play area, a coffee court, and free Wi-Fi.
About Northlake Mall
Northlake Mall is located at 6801 Northlake Mall Drive in Charlotte, North Carolina. Hours are Monday – Saturday: 10 a.m. – 9 p.m., Sunday: 12 p.m. – 6 p.m. Restaurants and department store hours may vary. For more information visit ShopNorthlake.com, like us on Facebook or follow us on Pinterest, Instagram or Twitter.