New to Market Retailer Scheduled to Open Fall 2016
CEDAR RAPIDS, Iowa –Westdale is pleased to announce it has signed a lease with Burlington Stores, a national off-price retailer offering affordable brand name fashions for the entire family and the home. This new location will be 40,400 square feet and is scheduled to open just in time for 2016 holiday shopping. It will be the only Burlington in the Corridor and one of three in the state of Iowa.
Burlington will join JCPenney and Younkers as a third anchor tenant at Westdale. This new Burlington is already under construction and will be located just East of Younkers. Westdale site infrastructure is in its final phases and all development parcels are ready for construction.
“The next phase of Westdale’s redevelopment is the exciting phase of going vertical,” said Westdale Executive Vice President Todd Nelson. “Burlington is the first of the new anchor stores and is an important validation of the redevelopment of Westdale. Burlington is joining JCPenney and Younkers, and will serve as an important part of our redevelopment. We thank the Burlington team for their hard work and excitement at being the first new anchor.”
“The addition of Burlington is significant. It brings a great new and affordable shopping experience to the Corridor, creates 50-100 new jobs and with long term commitments from three strong national brand anchors, it allows us to accelerate deals with several additional retailers, including a new to market Junior Anchor,” said Lisa Rowe, Vice President, Retail / Westdale General Manager. “We have initial space for approximately 10 to 15 specialty retailers, and our focus now becomes moving those deals to completion, which will further strengthen the development as a shopping destination.
FDG has retained Builtech Construction, ADA Architects and YTT Design as its lead team for the Burlington project.
About Burlington: Burlington is a national off-price retailer offering style for less at up to 65 percent off other retailers’ prices every day. Departments include ladies’ dresses, suits, sportswear, juniors, accessories, menswear, family footwear and children’s clothing. It also includes an assortment of furniture and accessories for the baby at Baby Depot, home décor and gifts, along with the largest selection of coats in the nation for the entire family. Burlington has 567 stores in 45 States and Puerto Rico. For more, visit www.burlingtonstores.com
About Westdale: Westdale is the former 900,000sf, 72 acre Westdale Mall in Cedar Rapids, Iowa that is being repositioned as a mixed-use development by Frew Development Group, LLC. Westdale has been managed and operated by Westdale CR Ventures #1, LLC, a subsidiary of Frew Development Group. For more information, visit www.westdalecr.com.
About FDG: Frew Development Group, LLC is a private real estate development company based in Denver, Colorado. For more information, visit www.frewdevelopment.com.