Charlestowne Mall Redevelopment
The Krausz Companies, Inc., the owners of the Charlestowne Mall, are in the planning stages for the redevelopment of the property, which is planned to include both commercial and residential uses.
Von Maur and Classic Cinemas will remain as commerical anchors in the project, along with recent additions, Cooper's Hawk Winery & Restaurant and Starbuck's Coffee.
At the June 4, 2018 City Council meeting, the owners announced that they are working with Lennar Corporation to develop the residential portion of the project.
2017 Concept Plan:
A Concept Plan for the project was reviewed by the Plan Commission and by the Planning & Development Committee of the City Council in May 2017.
The Concept Plan review process enables property owners or developers to obtain informal feedback from City officials and the public before spending time and money to prepare detailed plans. The conclusion of the Concept Plan review is not a decision by the City, but simply information that the property owner or developer can use to decide whether to pursue the project further.
The Concept Plan includes:
- Retaining existing anchors Von Maur and Classic Cinemas.
- Significantly reducing the size of the mall building.
- Constructing new entrances to the remaining buildings.
- Additional freestanding commercial buildings south of the mall, including the previously planned buildings along Main Street and additional buildings within the parking lots facing Main Street.
- Residential townhomes north of mall (155 townhome units)
- Residential apartments east of the mall (256 apartment units)
The Concept Plan can be viewed in the Project Documents menu.
The City's role in the Project:
The developer/property manager is The Krausz Companies, Inc., representing property owners SC Main 3800, LLC. The owners purchased the mall property in November 2013. The mall property is privately owned.
The City has been in communication with the owners and has helped to facilitate zoning and building approvals in support of the owner’s efforts. In 2013, the City approved zoning amendments to the Charlestowne Mall Planned Unit Development (PUD) to allow for outlot buildings to be constructed along the Main Street frontage of the property. Site improvements for the Main Street outlots, which included relocating the mall ring road and utilities for new building pads, were completed in 2015.
The City has not provided any financial assistance for the construction of the project. All improvements made at the site thus far (including the work to relocate the ring road) were completed by the property owner.
For more information on the project, please contact the Community & Economic Development Department at (630) 377-4443.