MACERICH DOMINANCE IN NYC Reaching nearly 6 million residents means being right where they are. Our three New York City area dominant properties –Green Acres Mall, Queens Center and Kings Plaza–deliver distinct trade areas with little overlap. In the heart of Brooklyn, close to major attractions and accessed directly off of Flatbush Ave, is Kings Plaza.
KINGS PLAZA Brooklyn’s only enclosed super regional mall, Kings Plaza is convenient and easily accessible for drivers, pedestrian foot traffic and those arriving by public transportation. The center’s evolution offers shoppers visually appealing modern features paired with a diverse retail mix in the heart of NYC’s most populous and prosperous borough.
Total Trade Area
Total GLA: 1.1M
Population: 2.6M
Coming soon Target, Sephora, and Ashley Furniture
Brooklyn would be the 4th
Located near the Belt Parkway where
Last bus stop on 10 major NYC
largest city in the U.S. if it were a
69,000+ vehicles pass through the
transit lines with 1,000 buses and
standalone city
Flatbush Avenue and Avenue U
40,000 passengers daily
intersection daily
(Right on the doorstep of Kings Plaza)
RETAIL ELEVATED Offering both first-to-market and celebrated national retailers, Kings Plaza provides shoppers an eclectic mix of shopping and dining.
COMING SOON
COMING SOON COMING SOON
REVIVED FROM THE INSIDE OUT Kings Plaza redefined 300,000 square feet of retail space, providing opportunity to bring its best concepts to the center. The $100 million renovation completed in 2018 set the stage for a relaxed, modern atmosphere to serve the borough’s dynamic urban community. Exterior Renovation included:
Interior Renovation included:
• A refreshed exterior façade
• Updated interior lighting
• A civic urban park to serve as the welcoming front door
• A brand new common area
• Extensive parking garage updates
• New flooring throughout
Before
Interior
After
Interior
Before
After
SEARS REIMAGINED To revitalize the merchandising mix, the Sears building was re-envisioned for multiple best-in-class brands. At the center of the redeveloped building, is a four-story glass atrium, a new façade, exterior improvements and new entry with visual and vertical connections to all four levels. The impactful redevelopment brought in market-leading retailers, including first-to-market Primark and Zara.
COMING SOON
VISION FOR BEST BUY
Up to 70,000 SF of retail space and newly created third level, which will further feature the #2 entrance to the center on Flatbush Ave.
Transitioning from a shopping center to a town center, Kings Plaza will be elevated one step further in its merchandising with a repositioning of the Best Buy box in 2023. The vision of the box will focus on further diversifying the tenant mix with up to 70,000 square feet over three levels, ideally positioned at the corner of Flatbush Ave and Ave U.
Avenue U
Level 3 - 20,809 S.F. Floor-to-floor height 14’-0”
Level 2 - 37,056 S.F. Floor-to-floor height 20’-0”
Level 1 - 18,922 S.F. Floor-to-floor height 18’-0”
Flatbush Avenue
STREET LEVEL
SECOND LEVEL
(Coming Soon) (Coming Soon)
Level 1 BEST BUY BOX AT KINGS PLAZA /
JULY 2021
N
0
BEST BUY BOX AT KINGS PLAZA /
40
80 ft
4 2021 JULY
THIRD LEVEL
(Coming Soon)
Level 2
N
0
40
Level 3
80 ft
BEST BUY BOX AT KINGS PLAZA /5
JULY 2021
N
0
MACERICH (NYSE: MAC) ONE OF THE NATION’S LEADING OWNERS, OPERATORS & DEVELOPERS OF MAJOR RETAIL PROPERTIES IN ATTRACTIVE U.S. MARKETS, INCLUDING CALIFORNIA, THE PACIFIC NORTHWEST, ARIZONA, CHICAGO AND THE METRO NEW YORK TO WASHINGTON, D.C. CORRIDOR