In a boon for local commerce, owners of Ridge Hill secured approval for an extensive redevelopment of the shopping center.
Acquired by North American Properties and Nuveen from Australian developer QIC for $220 million last year, the 74-acre mixed-use center faced challenges with the departure of anchors like Lord & Taylor and REI.
The redevelopment plans encompass a comprehensive overhaul of the streetscape and social gathering spaces. Notably, the 15,000-sq.-ft. Town Square, previously a playground, will be reimagined as an open greenspace. This allows the hosting of over a hundred annual events.
A bold move in the redesign involves the closure of traffic on Second Street. Doing this unlocks an additional 10,000 square feet of space for the plaza to accommodate larger events.
Further enhancements include the transformation of 17,000 square feet on the north end into a family-friendly activity zone. The zone’s plan features greenery, soft seating, and café tables. This makeover replaces existing fountains and strategically sits near major retailers like Legoland Discovery Center.
Shoppers at Ridge Hill can expect these changes next year.