Natick Collection, New England's Premier Trendsetting Marketplace, Set to Open in September 2007
July 18 2007 - 10:37AM
Business Wire
The heart of retail in New England is about to shift westward.
General Growth Properties, Inc. (NYSE: GGP) today confirmed details
concerning the Sept. 7 opening of its highly anticipated addition
to Natick Collection. When doors to the center�s
550,000-square-foot expansion open, Natick Collection will offer
six department stores � including Massachusetts� first Nordstrom
and first suburban Neiman Marcus � and 270 luxury retailers and
restaurants. In all, the complex will span 1.7 million square feet
and feature 215 luxury condominiums. The remodeling and expansion
project is the largest to date for developer General Growth
Properties, which aims to make Natick Collection the hottest
upscale shopping and dining destination in New England. �The mix of
upscale retailers and restaurants at Natick Collection will offer
visitors unparalleled shopping, dining and entertainment
experiences in line with the finest retail destinations across the
country and around the world,� said John Bucksbaum, chief executive
officer of General Growth Properties, owner of Natick Collection.
�We are eager to begin welcoming shoppers to our expansion in
early-September and believe the caliber of new shops coming to the
MetroWest community will change the face of shopping in New
England.� THE COLLECTION A highlight of the addition will be the
stunning one-of-a-kind Neiman Marcus storefront designed by
architects Elkus/Manfredi to suggest the luxurious folds of a
women�s skirt encircling the store�s 100,000 square feet of
shopping on two levels. Along with high-fashion Neiman Marcus and
Nordstrom, anchor stores include Macy�s, Lord & Taylor,
JCPenney and Sears. In addition, the expansion will feature 100
exceptional retailers and restaurants representing the ultimate in
style and cuisine. Top luxury retailers such as Louis Vuitton,
Gucci, Ralph Lauren, Burberry, Tiffany and Kate Spade will sit
comfortably alongside unique restaurant concepts such as Sel de la
Terre, Metropolitan Bar & Grill and Finale Dessert Company to
create a one-of-a-kind destination combining the finest designers,
fashions and eateries under one roof. Natick Collection will house
several first-to-market shops and new concept stores, including:
Hannah Andersson, Martin + Osa and Zara, each making their
Massachusetts debut. THE SETTING General Growth commissioned
architects to make Natick Collection one of the country�s most
beautiful shopping destinations. Inspired by the rolling hills and
rich beauty of the town of Natick, 23 miles west of Boston, the
center was designed by acclaimed architecture firm Beyer Blinder
Belle to create a relaxing -- even serene -- shopping experience,
with an undulating, gently sloping ceiling, acoustic paneling and
simulated birch groves filtering cascading natural light. The
center�s interior will also mirror the use of birch surrounding the
building�s exterior. A simulated birch grove with carefully placed
tree trunks will be topped with a suspended canopy of thousands of
abstracted leaves -- the vision of the project�s landscape
architect, Martha Schwartz. In daylight, the leaves will catch and
refract natural light from the center�s skylights. At night, the
illuminated leaves will cast enchanting shadows. Warm wood and
jewel-tone interior finishes complement floors of comfortable
carpeting and natural stone tile. The existing center will
transition to the expansion through a teardrop-shaped court
featuring a spectacular mezzanine floating above an infinity
fountain. Beyer Blinder Belle, the designers behind Rockefeller
Center and Grand Central Terminal in New York, is known for its
integrity in architectural design, historic preservation, interior
design, urban design and master planning. Six parking decks and
valet parking on the property were designed to provide abundant
spaces and easy entry and egress for visitors. Additional features
of the indoor garages include bright sightlines, a spacious layout
with distinctive auto lobbies and easy orientation through color,
textures, light and graphics to direct shoppers to stores and
restaurants. In addition, the property will offer respite from the
retail rush with a meandering bicycle path and public walkway. The
expansion�s 215 luxury condominiums, known as �Nouvelle at Natick,�
connect to the center, making Natick Collection the first multi-use
environment of its kind in New England. About Natick Collection
Natick Collection will feature over 100 exceptional new stores
including many of the nation�s top luxury retailers. When
completed, this 60 acre property will house more than 1 million
square feet of space and 7,000 parking spaces and valet parking.
Designed by the highly respected architectural firm of Beyer
Blinder Belle, and landscaped by the distinguished Massachusetts
firm of Martha Schwartz Inc., Natick Collection is certain to
become the premier lifestyle destination for the greater Boston
area and beyond. In addition to the retail center, the complex will
include 215 luxury condominium residences, to be known as �Nouvelle
at Natick�, scheduled to open in the spring of 2008. Additional
plans include a hotel, meandering bike path, public walkway and
spacious rooftop garden for exclusive use by condominium residents.
About General Growth Properties Natick Collection is owned and
managed by General Growth Properties, Inc., the second largest
U.S.-based publicly traded Real Estate Investment Trust (REIT).
General Growth currently has an ownership interest in or management
responsibility for a portfolio of more than 200 shopping malls in
45 states, as well as ownership in planned community developments
and commercial office buildings. The portfolio totals approximately
200 million square feet of retail space and includes more than
24,000 retail stores nationwide. General Growth Properties, Inc. is
listed on the New York Stock Exchange under the symbol GGP. For
more information, please visit the Company Web site at
www.generalgrowth.com.
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