Towson Square

Towson Square, originally known as Towson Circle III while in planning, is an outdoor mall constructed between 2013 and 2014 in Towson, Maryland. The outdoor mall is estimated to cost have $85 million [3] to be built by its developers, Cordish Company and Heritage Properties, Inc..[4] It was to be anchored by a 16-screen movie theater operated by Cinemark.[5] The Cinemark theater somewhere between its initial announcement and its construction was reduced by 1 screen and officially opened on Thursday, July 10, 2014, as a 15-screen theater.

Towson Square
Location1 E Joppa Rd Towson, Maryland, United States 21204
Opening date2013
DeveloperThe Cordish Companies & Heritage Properties
ManagementRetail Properties of America, Inc.
OwnerRetail Properties of America, Inc.[1]
No. of stores and services8
No. of anchor tenants1
Total retail floor area45,000 square feet (4,200 m2)
No. of floors1
ParkingLighted Lot, parking garage, 850 spaces[2]
Websitehttp://www.circleeast.com/

The development now occupies an area that was primarily parking lots located between East Joppa Road, Delaware, Virginia, and East Pennsylvania avenues. The developer intended to incorporate into a planned park an existing, an historic cemetery that borders on Shealy Avenue.[6] Shealy Avenue crosses roughly through the center of the development's property.

On Thursday, July 10, 2014, Cinemark officially opened its 15 screen movie theater at Towson Square as part of its 30-year anniversary celebrations.[7] The theater featured Cinemark's then newest concept, a reserve level where people could actually reserve specific luxury seats in a special area and have an expanded food selection and alcoholic beverages. It also features Cinemark's NextGen concept that has been described as offering "the latest technology and amenities under one roof."[8] The Baltimore Sun reported that the Towson Cinemark theater is Cinemark's official international flagship movie theater, replacing its former international flagship location in Dallas, Texas.

In 2014 Towson Square was sold to Retail Properties of America Inc [9] for $40.5 million, thus allowing them to integrate the development adjacent into one entity. Now called Circle East [10]

Current tenants include Cinemark, BJ's Restaurant, and Nando's.

References
  1. "Circle East". RPAI. 2016-08-23. Retrieved 2018-08-14.
  2. Cite error: The named reference GGP was invoked but never defined
  3. "Towson Square".
  4. Tyler Waldman (June 27, 2012). "Towson Circle III Construction Could Begin This Summer". Towson Patch. Retrieved August 11, 2012.
  5. Tyler Waldman (January 27, 2012). "16-Screen Cinemark Theater to Anchor Towson Circle III". Towson Patch. Retrieved August 11, 2012.
  6. Jon Meoli (February 8, 2012). "Century-old cemetery is unlikely tenant for Towson Circle III". Baltimore Sun. Retrieved August 15, 2012.
  7. "Cinemark Celebrates 30th Anniversary". Cinemark Holdings, Inc. July 9, 2014. Retrieved July 21, 2014.
  8. "Cinemark Announces Grand Opening of New 15-Screen Complex in Towson, Maryland". Cinemark Announces Grand Opening of New 15-Screen Complex in Towson, Maryland. Cinemark Holdings, Inc. July 10, 2014. Retrieved July 21, 2013.
  9. "Towson Circle owner purchases neighboring development for $40.5 million". Bizjournals.co.za. 2015-11-04. Retrieved 2018-08-13.
  10. "Circle East". RPAI. 2016-08-23. Retrieved 2018-08-14.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.