Fashion Centre at Pentagon City

Fashion Centre at Pentagon City

infobox shopping mall
shopping_mall_name = The Fashion Centre at Pentagon City



image_width = 275
caption = Pentagon City Mall, showing all four floors
location = Arlington, Virginia, USA
opening_date = October 5, 1989
developer = Melvin Simon & Associates &
Rose Associates
manager = Simon Property Group
owner = Simon Property Group &
CalPERS [http://phx.corporate-ir.net/phoenix.zhtml?c=113968&p=irol-newsArticle_Print&ID=225518&highlight=]
number_of_stores = 170
number_of_anchors = 2
floor_area = convert|821024|sqft|m2|abbr=on retail &
169,089 ft² office [http://www.sec.gov/Archives/edgar/data/1063761/000104746907001496/a2176251z10-k.htm]
floors = 4
website = [http://www.simon.com/mall/default.aspx?ID=157 simon.com/157]

The Fashion Centre at Pentagon City, also known as Pentagon City Mall, is an upscale shopping mall in Arlington, Virginia. It is situated in the Pentagon City neighborhood on the lower levels of the Washington Tower office building, former home of MCI's Consumer Markets headquarters, near Interstate 395 and Hayes Street. The mall takes its logo from the architectural design of Washington Tower. Its Metro level is directly connected to the Pentagon City station on the Blue and Yellow Lines of the Washington Metro.

Completed in October 1989, the Fashion Centre is the largest enclosed shopping mall in Arlington, housing 170 retailers and restaurants catering to the upper-middle class. It is anchored by department stores Macy's and Nordstrom, and is directly connected to the Ritz-Carlton Pentagon City Hotel. It was built by Melvin Simon & Associates, which sold the bulk of its interest in 1991 to a series of institutional investors, while retaining a quarter interest and management of the center. Simon Property Group, the successor to the Simon shopping mall interests, raised its stake and now jointly owns the center with CalPERS. A Loews Cineplex six-screen movie theater operated in the mall from the center's opening until January 1, 2003, when it was closed to make room for the clothing store XXI Forever.

The success of the Fashion Centre has spurred additional mixed use development in the neighborhood, including the discount-oriented Pentagon Centre across Hayes Street and the more upscale Pentagon Row retail and residential complex adjacent to the mall.

Anchors

*Macy's (253,314 sq ft.)
*Nordstrom (219,415 sq ft.)

External links

* [http://www.simon.com/mall/default.aspx?ID=157 Fashion Centre at Pentagon City] official site


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