“Westfield opened the 365,000-square-foot (34,000-square-meter) shopping complex mainly inside the Oculus, the white-ribbed centerpiece of architect Santiago Calatrava’s $3.9 billion commuter terminal,” Levitt reports. “Lowy projected that the mall will generate just more than $1,500 a square foot in sales. The original World Trade Center mall had sales of $903 a square foot in 2000, Lowy said at the time, or more than three times the average for a typical suburban regional mall. His projected volume for the new retail center would be almost four times the $400 a square foot found at an average mall today, he said.”
“The mall will debut with 60 of its just more than 100 stores and restaurants in operation, including Eataly, the Italian-themed food and beverage marketplace, which opened on Aug. 11, and the Apple Store,” Levitt reports. “Other stores prepared to open include Kate Spade, Breitling, Charles Tyrwhitt and Smythson, and nine stores that Lowy said were in the original concourse, including a Duane Reade drugstore, Victoria’s Secret, Banana Republic, Cole Haan, Crabtree & Evelyn and Papyrus.”
Read more in the full article here.
MacDailyNews Take: This one’ll be like printing money.
Senior VP Angela Ahrendts attends NYC World Trade Center retail store grand opening – August 16, 2016
Apple Store in Manhattan’s World Trade Center Oculus to celebrate grand opening on Tuesday August 16th – August 11, 2016
Apple Retail Store to open in NYC World Trade Center mega mall – May 6, 2014
Apple may open retail store in NYC at newly-rebuilt World Trade Center – September 14, 2013