Saturday, November 1, 2008

The Legacy of the Mall

Also see: The Sun Never Sets on the Rich

"Center of attention; Nearly all space in Legacy Place is snapped up before its opening" by Robert Preer, Globe Correspondent | November 1, 2008

DEDHAM - Despite the national economic crisis and falling retail sales almost everywhere, one of the largest shopping centers in the inner Boston suburbs is now rising off Route 128 in Dedham.

A year before its scheduled opening, the $100 million Legacy Place lifestyle center shopping and entertainment complex is already 95 percent leased, according to W/S Development Inc. of Chestnut Hill, codeveloper of the project with National Amusements Inc.

The 760,000-square-foot open air center will feature 80 stores, eight restaurants, and a 15-screen movie theater complex. Retail tenants include L.L. Bean, Whole Foods Market, and Borders. Among the restaurants are P.F. Chang's, Legal Sea Foods, and Ruth's Chris Steak House. There will also be a King's bowling alley and nightclub.

Sciera attributed the project's leasing success to its desirable location on the suburban highway net work and its setting amid upscale suburbs south and west of Boston. --more--"

The world is the richer's oyster, isn't it, Amurka?

You turn your heat on yet?