Mall At Ground Zero Offers New Opportunities for Growth

The new World Trade Center Mall is scheduled to open this week at ground zero of the Sept. 11 attacks. The mall includes over 300,000 square feet of shops and retail businesses with more than 100 commercial tenants. Only about half of the retail shops will open this week, with the remainder scheduled to open before the end of the year. The mall has been under development since Westfield’s $1.4 billion investment in 2014.

 

The mall’s visually stunning “Oculus” connotes a dove released into flight and is meant to represent hope and opportunity. The new mall is symbolic of the significant changes the area has undergone in the last 15 years. Residential space has significantly increased with nearly three times the number of residents that lived in the area in 2000. The median income for households in the area is also up 14 percent, and nearby monuments are expected to bring in as many as 15 million tourists next year. Westfield expects the mall to produce as much as $1 billion in retail sales.

 

The tourism anticipated is a strong motivator for the high-end retailers which have set up shop at the mall. Brands such as Apple, Victoria’s Secret, and Under Armor all have space, and the area has drawn a London luxury magnate, Smythson of Bond Street. Smythson’s Madison Avenue store is already a popular tourist destination.

 

Likewise, Aldo, a Canadian shoe store is launching at the mall with a new technological feature. For the first time, customers can shoppers can use their smart phone app to request shoes directly. The mall is the first of Aldo’s stores to launch with this technology.

 

While many feared the area would be difficult to rebuild, the city has taken efforts to acknowledge the history of the site while recreating a successful center of local and global commerce. Some 230,000 private employees work in the area again, and this number is the highest it has been since Sept. 11. With the opening of the mall, area businesses expect increased sales and a continual improvement to the once-devastated area.

 

Mall At Ground Zero Offers New Opportunities for Growth

The new World Trade Center Mall is scheduled to open this week at ground zero of the Sept. 11 attacks. The mall includes over 300,000 square feet of shops and retail businesses with more than 100 commercial tenants. Only about half of the retail shops will open this week, with the remainder scheduled to open before the end of the year. The mall has been under development since Westfield’s $1.4 billion investment in 2014.

The mall’s visually stunning “Oculus” connotes a dove released into flight and is meant to represent hope and opportunity. The new mall is symbolic of the significant changes the area has undergone in the last 15 years. Residential space has significantly increased with nearly three times the number of residents that lived in the area in 2000. The median income for households in the area is also up 14 percent, and nearby monuments are expected to bring in as many as 15 million tourists next year. Westfield expects the mall to produce as much as $1 billion in retail sales.

The tourism anticipated is a strong motivator for the high-end retailers which have set up shop at the mall. Brands such as Apple, Victoria’s Secret, and Under Armor all have space, and the area has drawn a London luxury magnate, Smythson of Bond Street. Smythson’s Madison Avenue store is already a popular tourist destination.

Likewise, Aldo, a Canadian shoe store is launching at the mall with a new technological feature. For the first time, customers can shoppers can use their smart phone app to request shoes directly. The mall is the first of Aldo’s stores to launch with this technology.

While many feared the area would be difficult to rebuild, the city has taken efforts to acknowledge the history of the site while recreating a successful center of local and global commerce. Some 230,000 private employees work in the area again, and this number is the highest it has been since Sept. 11. With the opening of the mall, area businesses expect increased sales and a continual improvement to the once-devastated area.

The Historic World Trade Center Mall Re-Opens in NYC

The Westfield World Trade Center mall officially opened on August 16th in New York City. This mall opens in the very same space where the older emporium was destroyed 15 years ago in the 9/11 terrorist attacks.

Some of the major stores people can find in this mall include Victoria’s Secret, H&M, Apple, and Under Armour. For now, only about 60 of the 113 stores will be open to the public. Other stores are set to gradually open as it gets closer to the Christmas season. The total space of this mall is 365,000 square feet.

People visiting this mall, however, will not just see the same old shops and restaurants they would expect from their suburban Westfield malls. Westfield has included some 50 shops in the World Trade Center mall that are completely unique to this locale. For example, one interesting shop set to open here is the FordHub, a dealership that features the latest car designs from Ford.

The centerpiece of this mall’s design is called the “Oculus.” The World Trade Center mall is actually within this Oculus terminal, which was designed by Santiago Calatrava. The design of the Oculus is meant to resemble a dove flying out of a child’s hand. Its imposing 160-foot height and 18-inch thick glass panels are sure to stun every visitor.

The Westfield Corporation was behind the development and reopening of this mall. They invested an estimated $1.4 billion in this project, and they began construction all the way back in 2014. All in all, this mall is expected to generate $1 billion in sales each year.

Since this mall connects with the Trans-Hudson trains from New Jersey, plenty of commuters will pass by these shops and restaurants every day. Also, with its prime location by the 9/11 Memorial and 1 World Trade Center, this mall is expected to see a lot of traveler traffic throughout the year. In total, Westfield officials hope that 15 million tourists will visit this mall annually.

Mall At Ground Zero Offers New Opportunities for Growth

The new World Trade Center Mall is scheduled to open this week at ground zero of the Sept. 11 attacks. The mall includes over 300,000 square feet of shops and retail businesses with more than 100 commercial tenants. Only about half of the retail shops will open this week, with the remainder scheduled to open before the end of the year. The mall has been under development since Westfield’s $1.4 billion investment in 2014.

The mall’s visually stunning “Oculus” connotes a dove released into flight and is meant to represent hope and opportunity. The new mall is symbolic of the significant changes the area has undergone in the last 15 years. Residential space has significantly increased with nearly three times the number of residents that lived in the area in 2000. The median income for households in the area is also up 14 percent, and nearby monuments are expected to bring in as many as 15 million tourists next year. Westfield expects the mall to produce as much as $1 billion in retail sales.

The tourism anticipated is a strong motivator for the high-end retailers which have set up shop at the mall. Brands such as Apple, Victoria’s Secret, and Under Armor all have space, and the area has drawn a London luxury magnate, Smythson of Bond Street. Smythson’s Madison Avenue store is already a popular tourist destination.

Likewise, Aldo, a Canadian shoe store is launching at the mall with a new technological feature. For the first time, customers can shoppers can use their smart phone app to request shoes directly. The mall is the first of Aldo’s stores to launch with this technology.

While many feared the area would be difficult to rebuild, the city has taken efforts to acknowledge the history of the site while recreating a successful center of local and global commerce. Some 230,000 private employees work in the area again, and this number is the highest it has been since Sept. 11. With the opening of the mall, area businesses expect increased sales and a continual improvement to the once-devastated area.