Wednesday, May 8, 2013

Designs Released for $90M Westdale Redevelopment in IA

Westdale Town CenterFrew Development Group, LLC, the project developer and property manager of Westdale Mall in Cedar Rapids, Iowa, released plans today for a $90 million redevelopment of the complex. Frew is undertaking a redevelopment of the 34-year-old property, creating a town center that would offer housing, office, entertainment, retail, hotel, green space and connecting trails. The Westdale project design team, comprised of Shive-Hattery Engineers and Architects of Cedar Rapids, Iowa, and SEM Architects of Denver, Colorado, prepared the Master Plan and related visioning documents.

"We are pleased with the collective effort of our development team and the city staff to produce a vision that revitalizes this civic treasure," said John Frew, President/CEO of Frew Development Group. "We are on track for consideration by the city council of our Master Plan and all related documents necessary for us to begin construction this summer."

The plans will go before Cedar Rapids City Council next week. If approved, developers hope to start construction in July, said Lisa Rowe, who was appointed the mall’s general manager just this week. The project has a 10-year timeline, but Rowe said project leaders plan to have the majority of the redevelopment complete in five years by being "as aggressive as possible."

For more news and information visit Blumberg Capital Partners.

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