Work Is Under Way at King of Prussia Mall’s $150M Expansion Project
- Nov 29, 2014
By Veronica Grecu, Associate Editor
Philadelphia’s largest shopping venue and the second largest retail center in the United States, the King of Prussia Mall, is about to get even larger as construction crews began preparing the site for a major expansion project.
First announced three years ago by Indianapolis-based retail giant Simon Property Group, the estimated $150 million expansion will bring the mall’s layout to 2.8 million square feet. Earlier this year IMC Construction of Malvern was selected as general contractor for the project and workers have already begun tearing down a parking deck located next to the Neiman Marcus store to prep the site for construction. The Philadelphia Inquirer reports that the total number of parking spaces at the King of Prussia Mall will be reduced from nearly 13,200 to 12,728.
When completed in fall 2016, the enclosed 155,000-square-foot expansion designed by RTKL will connect the Plaza next to the Neiman Marcus store with the Court. To make up for the redeveloped parking deck, the mall’s owner will replace it with a valet parking garage with speed ramps providing convenient access to new stores and restaurants.
“The expansion of King of Prussia Mall will further enhance the shopping and dining experience of one of the nation’s largest and most compelling retail destinations,” said in a prepared statement David J. Contis, President of Simon Malls. “Based on the success of luxury retailers like Cartier, Tiffany & Co., Hermes and Louis Vuitton, we’re seeing a strong interest from other luxury brands to join the King of Prussia roster of retailers. Interest by national and Philadelphia-area restaurants is also high.”
The number of retail shops at the King of Prussia Mall will grow from 450 to 470, with the list of tenants including Neiman Marcus, Bloomingdale’s, Nordstrom, Lord & Taylor, Macy’s, JCPenney, and Dick’s Sporting Goods and other retail and dining options.
Located at 160 North Gulph Mall in Upper Merrion, about 25 miles northwest of Philadelphia, the giant mall serves the shopping needs of the Greater Philadelphia region including Montgomery, Chester and Delaware counties. According to the Inquirer, around 25,000 shoppers visit the mall each day. The upcoming holiday shopping season is expected to attract more than 125,000 shoppers a day.
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Rendering courtesy of IMC Construction