20 Macerich Properties Now Fully Open
M
acerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail properties in top markets, announced that 20 major retail properties - including 11 in Arizona - are now fully open and welcoming shoppers with enhanced sanitation practices and social distancing protocols in place.
In accordance with relevant state and local regulation, the company anticipates being able to open a total of approximately 35 centers by the end of May, with the vast majority of its centers to be reopened by the middle of June.
These successful openings show that our town centers are a vital part of their communities. Nationwide, our centers create employment for more than 110,000 people, and our portfolio generates approximately $1.1 billion in sales tax revenues and $225 million in property taxes that support essential services at every level, said Thomas O'Hern, Chief Executive Officer, Macerich. Local economies depend on us, and our retailers are eager and ready to open for business in a safe, carefully planned, well-executed manner.
Macerich properties now fully open include
Arizona
Arrowhead Towne Center
Biltmore Fashion Park
Chandler Fashion Center
Desert Sky Mall
Flagstaff Marketplace
Kierland Commons
La Encantada
Paradise Valley Mall
SanTan Village
Scottsdale Fashion Square
Superstition Springs Center
Colorado
Twenty Ninth Street
Indiana
Eastland Mall
Iowa
Northpark Mall
Southridge Mall
Missouri
Country Club Plaza
Oregon
Valley River Center
Texas
South Plains Mall
Virginia
Tysons Corner Center
Valley Mall.
For many Macerich centers not yet fully open in accordance with guidelines set by local health authorities, curbside pick-up is currently offered as follows
California
Fresno Fashion Fair
Inland Center
Mall of Victor Valley
The Oaks
Pacific View
Santa Monica Place
The Village at Corte Madera
Vintage Faire Mall
New Jersey
Deptford Mall
Freehold Raceway Mall
Colorado
FlatIron Crossing
Illinois
Fashion Outlets of Chicago
The Shops at North Bridge
Oregon
Washington Square.
Numerous retailers at Macerich properties have reported fulfilling thousands of curbside/online pick-up orders daily and are calling for this service to be offered even after all doors have officially opened for business.
With decades of experience adhering to the highest standards, Macerich has launched new protocols to meet today's needs, including enhanced cleaning and sanitizing, social distance queuing, path of travel, security, deliveries, furniture placement and more, all developed based on industry best practices and CDC recommendations. Macerich properties also utilize state-of-the-art traffic-counting practices to help monitor and enforce capacity requirements. Further, retailer and restaurant tenants also have taken numerous measures to ensure their spaces are ready for business.
Macerich's large, enclosed properties feature vast interior common areas, providing ample room and a comfortable environment, even during peak retail periods, to practice effective social distancing.
While the number of retailers and restaurants open, as well as mall traffic counts, vary by center, the past few weeks of welcoming shoppers back to in-person commerce reflect demand for shopping. Restaurants are once again booking reservations, and retailers are seeing social distance-spaced lines even before doors are open.
This period of time has shown the importance of brick-and-mortar locations as key sales and profit drivers for most retailers and, as we've now seen in these markets, shoppers also are ready to get back to some of their favorite aspects of life, added O'Hern. With our updated operational protocols, plus targeted changes in how retailers and restaurants are doing business, people can be confident as they visit our properties and together we can support the important economic activity that our communities and our country needs.
✔️ 20 Macerich Properties Now Fully Open
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