As if Mall of America isn’t big enough already.
Canada-based Triple Five Group, which owns the 4.8-million sf enclosed mega shopping center and mixed-use complex in Bloomington, Minn., submitted plans to the city for a $500 million, 1.1-million-sf addition that’s dubbed The Collections at MOA.
The Minnepolis Star-Tribune reports that the expansion calls for 580,000 sf of new retail and mall space on three floors that would target luxury shoppers, a 180-room luxury hotel, 120 full-time residences atop the hotel, and 168,000 sf of office space. A health club is also a possibility.
The proposal also includes a third parking structure with between 600 and 650 more spaces in two underground buildings.
Ryan Cos. US Inc. is the general contractor for this project, which is Ryan’s first involvement in Mall of America. The architect DLR designed the addition. If approved, work would begin next April with an opening scheduled for October 2018.
The plans show the enclosed areas bathed by natural light through at least three large skylights. This expansion would come on the heels of a $325 million “front door” project—known as Phase 1C—on the Mall’s north side that is still under construction, and includes a new seven-story office tower, a 342-room J.W. Marriott hotel, and specialized retail.
The first part of Phase 1C—a new food court on the third floor—opened to the public last month. The first and second floors won’t been accessible until next year.
TripleFive’s latest proposal is the first step of a grander plan whose second phase reportedly would include an even larger, 2-million-sf addition for retail, hotel, and entertainment space. If all of these various phases are ever completed, the Mall would encompass 8.8 million sf.
Mall of America, which opened in 1992, currently attracts 40 million visitors a year, two-fifths of whom are tourists. It houses more than 520 stores, and hosts more than 400 events annually.
Related Stories
| Aug 11, 2016
RETAIL GIANTS: Retailers and developers mix it up to stay relevant with shoppers
Retail is becoming closely aligned with entertainment, and malls that can be repositioned as lifestyle centers will have enhanced value.
| Aug 10, 2016
Top 50 Retail Engineering Firms
Jacobs, Henderson Engineers, and WSP | Parsons Brinckerhoff top Building Design+Construction’s annual ranking of the nation’s largest retail sector engineering and E/A firms, as reported in the 2016 Giants 300 Report.
| Aug 10, 2016
Top 80 Retail Construction Firms
VCC, PCL Construction Enterprises, and The Whiting-Turner Contracting Co. top Building Design+Construction’s annual ranking of the nation’s largest retail sector construction and construction management firms, as reported in the 2016 Giants 300 Report.
| Aug 10, 2016
Top 90 Retail Architecture Firms
Gensler, GreenbergFarrow, and MG2 top Building Design+Construction’s annual ranking of the nation’s largest retail sector architecture and A/E firms, as reported in the 2016 Giants 300 Report.
Modular Building | Jul 22, 2016
PNC Bank’s 'Tiny Branch' opens on West Virginia University campus
The new branch doesn’t need much space for its ATM and new accounts and personal loans services.
Retail Centers | Jul 21, 2016
MVRDV designs Seoul entertainment district with gold entrance and curtain façade
The 9,800-sm complex will have retail and nightclub space. A plaza separates the two concrete buildings.
Retail Centers | Jul 14, 2016
Capital One adds coffee shops to bank locations
Several cities opened or are planning Capital One Cafes where customers can buy a latte and make a checking deposit.
Healthcare Facilities | Jun 19, 2016
Rapid growth of retail health clinics presents new choices for consumers, payers, and providers
Service expansions help dealers boost clinics’ profitability.
Retail Centers | Jun 14, 2016
Zaha Hadid and Gensler among finalists for Sunset Strip billboard design competition
The concepts are curvy, sleek, and multidimensional, and feature sharp digital displays.
Market Data | Jun 3, 2016
JLL report: Retail renovation drives construction growth in 2016
Retail construction projects were up nearly 25% year-over-year, and the industrial and office construction sectors fared well, too. Economic uncertainty looms over everything, however.