Page 58 - #189 March 2024

Westfield Old Orchard, Illinois, US
Developers: Unibail-Rodamco-Westfield & Focus

Unibail-Rodamco-Westfield (URW) has also announced Mill Shipyards and Stadium of the Future in the works, the game plan is
Creek Residential (MCR) as co-developer for the first phase of the just getting started. The Jacksonville Shipyards, including a restored
landmark transformation of Westfield Garden State Plaza in Bergen Met Park, will deliver a downtown experience that blends urban
County, New Jersey. Anticipated to break ground in 2024 and design with waterfront entertainment. A modernised public marina,
slated to open to residents in 2027, the first phase will include the landmark five-star hotel and residences, plus six-storey office building
construction of 550 luxury apartment homes that will be integrated will create hundreds of new jobs, generate vital tourism revenue and
with the shopping centre via a one-acre ‘green town’ for residents, spark additional opportunities for emerging local businesses. With an
visitors and shoppers to enjoy, as well as introduce a ‘main street’ influx of restaurants, hotels, entertainment and parks to complement
outdoor district featuring restaurants and everyday conveniences existing establishments, a buzzing downtown could become the true
and services. The planned overhaul for Westfield Garden State Plaza heart and soul of Jacksonville. The redevelopment of the Jacksonville
in Paramus will bring green plazas and luxury apartments to the Shipyards and construction of the Miller Electric Center, with an eye
mall and may eventually include a hotel, medical offices and senior toward the Stadium of the Future, will transform downtown into a
housing. The development will also include significant community thriving riverfront. A revitalised downtown will bring new jobs into
and sustainability features such as new parks and greenspaces, green the area, attract tourism revenue and drive momentum on additional
building construction, upgraded connectivity to public transportation development throughout the urban core. No specific opening dates
networks, electric vehicle charging stations and the restoration of a have been given as development continues on the different elements
section of the beloved local Sprout Brook. The developers said the of the project.
new residences and green space will complement the mall’s existing
retail, dining and entertainment options. Asia
Fuelled by an outpouring of support for downtown development K11 Group has unveiled a new harbour front cultural retail destination
from throughout their community, Iguana Investments and the in Shenzhen dubbed K11 Ecoast, a flagship for its Mainland China
Jacksonville Jaguars are gearing up for a revitalised downtown. With expansion plan. The $1.4bn project, located in Prince Bay, is scheduled to
the opening of Miller Electric Center and both the Jacksonville open at the end of 2024. It is jointly developed by K11’s parent company

K11 Ecoast, Shenzhen, China
Developer: New World Development Company
58 RETAIL & LEISURE INTERNATIONAL MARCH 2024