What renovations are in store for The Fashion Mall at Keystone after Saks closure

2024-06-24
What renovations are in store for The Fashion Mall at Keystone after Saks closure

Revitalizing the Fashion Mall: A Transformative Vision for Keystone's Retail Destination

Shoppers in the Indianapolis area can look forward to an exciting new chapter for The Fashion Mall at Keystone, as the iconic shopping destination prepares for a major redevelopment. With the impending closure of one of its anchor stores, Saks Fifth Avenue, Simon Malls has unveiled ambitious plans to reinvigorate the mall and solidify its position as the region's premier experiential shopping and community hub.

Unlocking a New Era of Retail and Lifestyle Experiences

Enhancing the Retail Landscape

The redevelopment of The Fashion Mall at Keystone will see a significant expansion and optimization of its retail offerings. By reconfiguring the existing space and introducing a new building, One Keystone Crossing, the mall will boast an enhanced array of stores, catering to the evolving preferences of modern shoppers. The project aims to create a more cohesive and engaging shopping experience, blending traditional retail with innovative concepts and experiential elements.

Elevating the Dining Experience

Recognizing the growing importance of dining and culinary experiences in the retail landscape, the redevelopment plan for The Fashion Mall at Keystone includes a focus on expanding and diversifying the dining options. Visitors can look forward to a wider selection of restaurants, cafes, and eateries, offering a range of cuisines and dining experiences to complement the shopping journey.

Modernizing the Exterior and Public Spaces

The redevelopment will also encompass a comprehensive transformation of the mall's exterior and public spaces. The plan calls for a modernized and visually appealing facade, creating a more inviting and contemporary atmosphere. Additionally, the introduction of an outdoor plaza where the Saks Fifth Avenue store currently stands will provide a new gathering space for the community, featuring green spaces and seamless integration with the adjacent parking areas.

Integrating Office and Commercial Spaces

One of the key components of the redevelopment plan is the addition of the new building, One Keystone Crossing. This structure will house 100,000 square feet of office space, spanning three levels above a ground-level retail floor. By incorporating these commercial and professional elements, the Fashion Mall at Keystone aims to become a dynamic, mixed-use destination, catering to a diverse range of visitors and tenants.

Addressing Parking and Accessibility

While the specific details regarding parking arrangements in the renovated mall have not been fully disclosed, it is evident that the redevelopment team is committed to ensuring seamless accessibility and ample parking options for shoppers and visitors. The project's spokesperson has acknowledged the importance of this aspect and has indicated that the team is actively working to address any potential parking challenges.

Strengthening the Community Presence

Beyond the physical transformation, the redevelopment of The Fashion Mall at Keystone is also poised to enhance its role as a gathering place for the local community. The introduction of the outdoor plaza, along with the expanded dining and experiential offerings, will create a more inviting and inclusive environment, fostering a sense of community and social engagement.

Timing and Execution

The redevelopment project is expected to be completed by late 2026, with the departure of Saks Fifth Avenue serving as the catalyst for the transformation. While a specific start date has not yet been announced, the project is anticipated to commence after the iconic retailer officially closes its doors at the Keystone Crossing location, the only Saks store in the state of Indiana.

A Promising Future for The Fashion Mall at Keystone

The redevelopment of The Fashion Mall at Keystone represents a significant investment in the future of this iconic retail destination. By enhancing the shopping, dining, and community experiences, Simon Malls aims to solidify the mall's position as the premier experiential hub in the region, catering to the evolving needs and preferences of modern consumers. As the project unfolds, shoppers and the local community can look forward to a revitalized and rejuvenated Fashion Mall at Keystone, poised to become a true destination for retail, lifestyle, and social engagement.

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