Project Profile: Staten Island Mall, New York

Staten Island Mall announced that the 1.2-million-sq.-ft. property will undergo a much anticipated multi-million dollar redevelopment that will add interior and exterior upgrades, new fashion retailers, restaurants, a Fairway Market and public piazza for guests to gather and enjoy events year-round, including a farmers market, holiday festivities, fashion shows and community fundraisers.



Enhancements also include the ability for Macy’s to expand.



As the only regional shopping destination on Staten Island, the mall’s redevelopment is expected to spur economic development, creating approximately 1,500 new jobs and nearly $300 million in economic activity, the majority of which will be in New York City. Upon completion, the annual operation of the project is anticipated to create an estimated 1,300 new jobs, generating almost $140 million for New York State, of which $130 million will be in New York City.



The proposed 427,000-sq.-ft. expansion also allows for a 53,000-sq.-ft. space cinema at the center. Construction is expected to commence following spring approvals and will be completed by 2017.



“Staten Island Mall’s redevelopment is the latest in a series of exciting job-creating projects coming to Staten Island. We are particularly excited to welcome Fairway Market, which will give us even more grocery options,” said Borough President James Oddo. “My office is working closely with the mall on their approval process and on the suggested road improvements. From the North Shore to the South Shore, East Shore to the West, economic development is happening throughout Staten Island.”



Staten Island Mall is owned and managed by General Growth Properties. Anchors are Macy’s, Macy’s Home Store, J.C. Penney and Sears. Other retailers include Apple, Invicta, Uniqlo, Michael Kors, A/X Armani Exchange, Sephora, White House | Black Market and The Lego Store.