Fashion Centre at Pentagon City

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Fashion Centre at Pentagon City
2016-01-01 16 22 38 Interior of The Fashion Centre at Pentagon City in Pentagon City, Arlington County, Virginia.jpg
Main court in early 2016, during the mall's renovation
LocationArlington, Virginia, United States
Coordinates38°51′47.6″N 77°3′38.6″W / 38.863222°N 77.060722°W / 38.863222; -77.060722Coordinates: 38°51′47.6″N 77°3′38.6″W / 38.863222°N 77.060722°W / 38.863222; -77.060722
Opening dateOctober 5, 1989; 31 years ago (October 5, 1989)
DeveloperMelvin Simon & Associates &
Rose Associates
ManagementSimon Property Group
OwnerSimon Property Group (42.5%)[1]
No. of stores and services164
No. of anchor tenants2
Total retail floor area1,037,258 sq ft (96,364.4 m2)[1]
No. of floors4 (3 in Macy's and Nordstrom)
Public transit accessWashington Metro
WMATA Blue.svg WMATA Yellow.svg at Pentagon City
Bus transport Metrobus: 7A, 7F, 10A, 10E, 10N, 16E, 16G, 16H, 22A, Metroway
Bus transport Arlington Transit: 42, 74, 84, 87
Websitewww.simon.com/mall/fashion-centre-at-pentagon-city

Fashion Centre at Pentagon City, also known as Pentagon City Mall, is a shopping mall in the Pentagon City neighborhood of Arlington, Virginia, near Interstate 395 and Hayes Street. Its Metro level is directly connected to the Pentagon City station on the Blue and Yellow Lines of the Washington Metro.

Completed in October 1989, the Fashion Centre is the largest enclosed shopping mall in Arlington, housing 164 retailers and restaurants. It is anchored by department stores Macy's and Nordstrom, and is directly connected to the Ritz-Carlton Pentagon City hotel. The Washington Tower office building, formerly leased by MCI, is part of the mall property;[2] its lower levels are part of the mall.

History[]

The mall was developed by Melvin Simon & Associates with real-estate investment firm Rose Associates as part of the 1976 Pentagon City Phased-Development Site Plan.[3] It opened in fall 1989 with 860,000 sq. ft. of space[4] on 25 acres, with Macy's and Nordstrom as anchor stores (original plans were for Bambergers)[5] and approximately 150 other stores, and a 4,524-capacity parking garage; the office tower part of the complex opened a little later,[6] and the 345-room hotel the following year.[7] The interior featured a white color scheme and skylit atria extending in two wings from the central courtyard.[7] The mall theater, Loews Pentagon City 6, closed on January 1, 2003 and was replaced by a clothing store.[8]

Expansion of the mall, including outward-facing stores on Hayes Street, was approved by the county board in 2013,[3] at which time it had more than 170 stores.[9][10] It was completed in 2016.[11][12] As of 2018, the mall had 1.05 million sq ft (98 thousand m2) of space.[13]

The 2020 COVID-19 pandemic led to the closure of a number of restaurants and stores in the mall.[14][15][16]

Ownership[]

In late 1990, Melvin Simon & Associates sold 50% of its interest in the mall to Lehndorff Group, a real estate management firm;[4] during 1991 it sold another 25% to other institutional investors, retaining a quarter interest and management of the center. Simon Property Group, the successor to the Simon shopping mall interests, subsequently raised its stake; as of April 2014 it jointly owned the mall with Institutional Mall Investors, a joint venture of Miller Capital Advisory and CalPERS;[9] as of 2019, it had a 42.5% interest.[1] The Ritz-Carlton hotel is separately owned, by Xenia Hotels & Resorts.[1][13]

References[]

  1. ^ Jump up to: a b c d "Annual Report 2019". Simon Property Group. p. 26. Retrieved November 11, 2020.
  2. ^ Jonah Keri (April 5, 1999). "Pentagon City building offered after MCI leaves". Washington Business Journal. Retrieved November 11, 2020.
  3. ^ Jump up to: a b "Arlington County Board Approves Expansion of Fashion Centre at Pentagon City Mall". Arlington County, Virginia. November 16, 2013. Retrieved November 11, 2020.
  4. ^ Jump up to: a b Kara Swisher (January 11, 1991). "Pentagon City Mall Owner Sells Stake". The Washington Post. Retrieved November 11, 2020.
  5. ^ Directory of major malls. MJJTM Publications. 1990. p. 631.
  6. ^ Evelyn Hsu (July 3, 1989). "New Front Eastablished In Shopping Mall Wars". The Washington Post. Retrieved November 11, 2020.
  7. ^ Jump up to: a b Benjamin Forgey (December 9, 1989). "The Inner Life Of A Mall". The Washington Post. Retrieved November 11, 2020.
  8. ^ Nextinline. "Loews Pentagon City 6". Cinema Treasures. Retrieved November 11, 2020.
  9. ^ Jump up to: a b "The Fashion Centre at Pentagon City Unveils Expansion and Renovation Project" (press release). Simon Property Group. April 16, 2014. Retrieved November 11, 2020.
  10. ^ Patrick Hanafin; Madison Starr (June 25, 2015). "The Mall at Pentagon City: Virginia's next great entertainment attraction?". WJLA-TV.
  11. ^ "New Restaurants Opening Soon in Pentagon City Mall". WTOP-FM. July 5, 2016 – via WRC-TV.
  12. ^ Dan Taylor (December 5, 2016). "3 New Retailers Moving Into Pentagon City Mall". Arlington, VA, Patch. Retrieved November 11, 2020.
  13. ^ Jump up to: a b Douglas Fruehling (November 13, 2018). "These major landowners near HQ2 are sitting pretty". Washington Business Journal. Retrieved November 11, 2020.
  14. ^ Vernon Miles (August 10, 2020) [August 5, 2020]. "Fashion Centre at Pentagon City Remains a Ghost Town Months After Reopening". Arlington Now. Retrieved November 11, 2020.
  15. ^ Drew Hansen (April 30, 2020). "Roots to permanently close locations in Georgetown, Pentagon City". Washington Business Journal. Retrieved November 11, 2020.
  16. ^ Drew Hansen (June 26, 2020). "3 local Microsoft stores won't reopen as tech giant moves away from brick-and-mortar retail". Washington Business Journal. Retrieved November 11, 2020.

External links[]

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