Wednesday, March 27, 2013

The Mall of San Juan Sets Opening Date

Taubman Centers and New Century Development Corp. announced that The Mall of San Juan will have its Grand Opening on March 26, 2015.

“We look forward to becoming the premier shopping destination for both residents and tourists of this beautiful island,” said Taubman Chief Operating Officer William Taubman.

The approximately 650,000-square-foot shopping center will feature the first Nordstrom and Saks Fifth Avenue on the island, in addition to over 100 specialty stores and restaurants, approximately 60 percent of which will be new to Puerto Rico.

Steve Sadove, chairman and chief executive officer of Saks Incorporated, commented, "We are extremely excited about opening our Saks Fifth Avenue store in Puerto Rico. Our showcase store will offer a distinctive assortment of merchandise, and our associates will provide exemplary customer service. We very much look forward to serving both the residents of and visitors to the area."

Equally enthusiastic, Erik Nordstrom, president of stores for Nordstrom, said "We plan to offer exciting fashion brands and work to deliver an unparalleled service experience – both of which we think island customers and tourists alike will be looking for.”

The Mall of San Juan is designed to reflect the rich culture and heritage of San Juan, but with a fresh, contemporary twist. It will include a planned 225-room Crowne Plaza hotel and casino. Located in the municipality of San Juan, adjacent to the San José Lagoon at the south end of the Teodoro Moscoso Bridge, the development is just two miles from the international airport.

New Century Development Corp. is a real estate development firm headquartered in Puerto Rico and focused on the development of the 27-acre parcel of land that will host The Mall of San Juan. In addition, New Century is planning to build the hotel and casino portion of the project, and an office tower complex on the site.


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