Grand Celebration Marks the Completion of Fayette Mall Redevelopment
CBL & Associates Properties, Inc. (NYSE:CBL) , today announced the opening of the expansion at Fayette Mall in Lexington, KY. Designed to significantly enhance the offerings at the shopping center, the redevelopment of the former Sears location included expanding the mall entrance to create 115,000 square feet of new retail space for a mix of fashion stores, home furnishings and fine dining options in the heart of the shopping center. New retailers include The Cheesecake Factory, H&M, Eddie Bauer, Oakley, Clarks, Swarovski, Janie and Jack, Jos. A. Bank, Altar’d State, L’Occitane, Vera Bradley, and Zales. Michael Kors and Brighton Collectibles also opened new stores at the shopping center within the past month. Additional stores and restaurants such as Pink, Island Purveyor featuring Tommy Bahama, New Balance, Newk’s, Chipotle and Travinia Italian Kitchen are under construction and will soon be joining Fayette Mall in early 2015.
“The expansion of Fayette Mall allows us to further the tremendous growth of one of our most successful and productive centers as well as reinforce its dominant position in the market,” said Stephen Lebovitz, president and chief executive officer, CBL & Associates Properties, Inc. “The mall continually maintains a full occupancy rate, and the queue of retailers interested in joining the center is growing. We are pleased to introduce a number of new retail names to the market like The Cheesecake Factory and H&M, which demonstrates our commitment to continually enhance our properties.”
Fayette Mall is a 1.4 million-square-foot super regional mall featuring more than 150 specialty stores and eateries and is anchored by Dillard’s, Macy’s, JCPenney and Dick’s Sporting Goods. For more information visit ShopFayette-Mall.com or facebook.com/FayetteMall.
Businesses interested in obtaining leasing information about Fayette Mall should contact Travis Farren, Regional Director of Leasing, by telephone at 423-490-8360 or by email: email@example.com.
About CBL & Associates Properties, Inc.
CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 148 properties, including 89 regional malls/open-air centers. The properties are located in 30 states and total 84.2 million square feet including 6.5 million square feet of non-owned shopping centers managed for third parties. Headquartered in Chattanooga, TN, CBL has regional offices in Boston (Waltham), MA, Dallas (Irving), TX, and St. Louis, MO. Additional information can be found at cblproperties.com.
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