CBL Properties Begins Transformation of Eastland Mall in Bloomington, Illinois
January 04 2018 - 1:01PM
Business Wire
CBL Announces Exciting Redevelopment Plans For
Former Department Store
CBL Properties (NYSE:CBL) today confirmed details of its
transformation plan for Eastland Mall in Bloomington, IL. Global
fashion retailer H&M and popular fitness center Planet Fitness
will join the center as part of the redevelopment of the former
JCPenney store. In addition to H&M and Planet Fitness, Outback
Steakhouse is also slated to join the line-up at Eastland Mall.
“We are thrilled to kick off 2018 by announcing a major anchor
redevelopment project at Eastland Mall,” said Stephen Lebovitz,
president & CEO, CBL Properties. “The additions of H&M and
Planet Fitness are a perfect example of our commitment to bringing
a dynamic mix of uses to our centers. Dining, value and fitness are
increasingly in demand, and we are pleased to deliver names that
not only meet this demand, but elevate the overall customer
experience.”
Construction on H&M, Planet Fitness, and Outback Steakhouse
is currently underway, and all tenants are set to open prior to the
2018 holiday season.
About CBL Properties
Headquartered in Chattanooga, TN, CBL
Properties owns and manages a national portfolio of market-dominant
properties located in dynamic and growing communities. CBL’s
portfolio is comprised of 119 properties totaling 74.4 million
square feet across 27 states, including 76 high-quality enclosed,
outlet and open-air retail centers and 12 properties managed for
third parties. CBL continuously strengthens its company and
portfolio through active management, aggressive leasing and
profitable reinvestment in its properties. For more information
visit cblproperties.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20180104006085/en/
CBL PropertiesInvestor Contact:Katie Reinsmidt,
423-490-8301Executive Vice President & Chief Investment
OfficerKatie.Reinsmidt@cblproperties.comorMedia Contact:Stacey
Keating, 423-490-8361Director of Public Relations & Corporate
CommunicationsStacey.Keating@cblproperties.com
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