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FUTURE REDEVELOPMENT OPPORTUNITIES | |
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| | Property Name | | MSA | | Project Description | |
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| MAJOR REDEVELOPMENTS | | |
| 1 | | University Mall | | Sacramento--Roseville--Arden-Arcade, CA | | Extensive repositioning and reconfiguration with experiential retailers, densification of site, potential residential component | |
| 2 | | Village at Mira Mesa - Phase III | | San Diego-Carlsbad, CA | | Redevelopment of existing anchor space for multiple retailers and potential residential rental component | |
| 3 | | Superior Marketplace | | Boulder, CO | | Redevelopment and repositioning of shopping center with multiple retailers, restaurants and/or multi-family or hospitality users | |
| 4 | | Mall at 163rd Street | | Miami-Fort Lauderdale-West Palm Beach, FL | | Extensive redevelopment and repositioning of shopping center, densification of site, reconfiguration of existing retail space | |
| 5 | | Shops at Palm Lakes | | Miami-Fort Lauderdale-West Palm Beach, FL | | Redevelopment of existing anchor space for multiple retailers and/or entertainment users, potential outparcel development | |
| 6 | | Pointe Orlando - Phase II | | Orlando-Kissimmee-Sanford, FL | | Redevelopment, densification and rebranding for multiple retailers, hospitality, and/or entertainment users | |
| 7 | | Arborland Center | | Ann Arbor, MI | | Redevelopment and repositioning of shopping center, densification of site | |
| 8 | | Richfield Hub | | Minneapolis-St. Paul-Bloomington, MN-WI | | Redevelopment and repositioning of shopping center, densification of site | |
| 9 | | Kings Park Plaza | | New York-Newark-Jersey City, NY-NJ-PA | | Redevelopment of shopping center to leverage proximity to area transit, remerchandise with multiple retailers, potential multi-family component | |
| 10 | | Rockland Plaza (1) | | New York-Newark-Jersey City, NY-NJ-PA | | Extensive redevelopment and repositioning of shopping center, multiple outparcel developments | |
| 11 | | Three Village Shopping Center | | New York-Newark-Jersey City, NY-NJ-PA | | Redevelopment of shopping center to leverage proximity to area transit, remerchandise with multiple retailers, potential multi-family component | |
| 12 | | Plymouth Square Shopping Center | | Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | | Redevelopment and remerchandising of shopping center, reconfigure and repurpose underutilized space with office users | |
| 13 | | Roosevelt Mall - Future Phases | | Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | | Extensive repositioning and reconfiguration, densification of site | |
| 14 | | Market Plaza | | Dallas-Fort Worth-Arlington, TX | | Extensive redevelopment and repositioning of shopping center, remerchandise with multiple retailers | |
| 15 | | Preston Park Village | | Dallas-Fort Worth-Arlington, TX | | Repurpose, assemble and reposition for national retail merchandise mix, densification of site, enhancement of common areas | |
| 16 | | Wynnewood Village - Future Phases | | Dallas-Fort Worth-Arlington, TX | | Redevelopment and repositioning of shopping center, densification of site | |
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| MINOR REDEVELOPMENTS | | |
| 1 | | Springdale - Phase IV | | Mobile, AL | | Densification of site, including a multi-tenant outparcel development | |
| 2 | | Venetian Isle Shopping Center | | Miami-Fort Lauderdale-West Palm Beach, FL | | Redevelopment of existing anchor space for new anchor prototype, potential outparcel development | |
| 3 | | Venice Shopping Center | | North Port-Sarasota-Bradenton, FL | | Redevelopment of existing anchor space for new anchor prototype, potential outparcel development | |
| 4 | | Downtown Publix | | Port St. Lucie, FL | | Densification of site, including outparcel development | |
| 5 | | East Port Plaza | | Port St. Lucie, FL | | Redevelopment of existing anchor space for new anchor prototype | |
| 6 | | Tyrone Gardens (1) | | Tampa-St. Petersburg-Clearwater, FL | | Redevelopment of center including demolition of existing space to accommodate fitness facility, renovation of façades and common area upgrades | |
| 7 | | Mansell Crossing | | Atlanta-Sandy Springs-Roswell, GA | | Densification of site, including multi-tenant outparcel development | |
| 8 | | The Village at Mableton | | Atlanta-Sandy Springs-Roswell, GA | | Redevelopment of existing anchor space for multiple retailers | |
| 9 | | Northside (1) | | Dalton, GA | | Anchor repositioning which may include site densification with addition of outparcel pad development | |
| 10 | | Westridge Court - Project 1 | | Chicago-Naperville-Elgin, IL-IN-WI | | Redevelopment of existing anchor space, adjacent retail space, densification of site and façade renovation | |
| 11 | | Westridge Court - Project 2 (1) | | Chicago-Naperville-Elgin, IL-IN-WI | | Demolition of underutilized Jr anchor space to accommodate future outparcel single / multi-tenant development | |
| 12 | | WaterTower Plaza (1) | | Worcester, MA-CT | | Reposition of former anchor with major grocery tenant and spec space | |
| 13 | | Capitol Shopping Center | | Concord, NH | | Redevelopment of existing anchor space for multiple retailers | |
| 14 | | Dalewood I, II & III Shopping Center | | New York-Newark-Jersey City, NY-NJ-PA | | Remerchandise with relevant uses, façade renovation and enhancement of common areas | |
| 15 | | Middletown Plaza (1) | | New York-Newark-Jersey City, NY-NJ-PA | | Reposition of former anchor outparcel development and peripheral façade renovation | |
| 16 | | Morris Hills Shopping Center (1) | | New York-Newark-Jersey City, NY-NJ-PA | | Densification of site, including multi-tenant outparcel development, potential multi-family component | |
| 17 | | Bristol Park | | Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | | Redevelopment of existing anchor space, inline shop space and façade renovation | |
| 18 | | Valley Fair (1) | | Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | | Reposition of anchor and façade renovation on remaining center | |
| 19 | | Hillcrest Market Place | | Spartanburg, SC | | Redevelopment of existing anchor space for multiple retailers, potential outparcel development, enhancement of common areas | |
| 20 | | Kessler Plaza | | Dallas-Fort Worth-Arlington, TX | | Remerchandise former discount grocer with multiple retailers and potential multiple use redevelopment | |
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| (1) Indicates project added to the pipeline during the three months ended March 31, 2021 | |
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The Company has identified potential future reinvestment opportunities at the properties listed above. Many of these opportunities are, or will soon be, in preliminary planning phases and as such, may not ultimately become active reinvestments. Proceeding | |
with these reinvestments could be subject to factors outside of the Company’s control which could delay, suspend or defer the expected opportunity or timing of execution. While the Company believes that these projects are likely to become active in the | |
near-term, it should be noted that this list will fluctuate as projects become active, or are suspended or otherwise rescheduled. For more information, please refer to the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended | |
December 31, 2020. | |