The Ferber Company unveils redevelopment project aimed at revitalizing former mall site
BURLINGTON TWP, NJ — The Ferber Company (Ferber), a privately held real estate development and investment company with its regional headquarters in Basking Ridge, announced The Shops at The Crossings (The Crossings). The Crossings will occupy a portion of the previous site known as the Burlington Center Mall. Located along Route 541 (Burlington Mt. Holly Road) between nearby major roadways, I-295 and the NJ Turnpike, a total of 30+/- acres will be developed in Phases to include three industrial buildings totaling 1.9 million s/f developed by the lead developer, MRP Industrial, and 30 acres of retail which will be called The Shops at The Crossings.
The mall property, originally built in 1982, officially became vacant in 2018 after the last tenant, Sears, closed its doors. Township officials quickly collaborated on how to create a mixed-use development to improve the underutilized area for future use, approving the plans and demolishing the old structure in 2021.
With sitework underway, vice president and retail development lead, Justin Hollander, is looking forward to what the redevelopment will bring to residents in the area. “We are currently working on construction of Phase 1 of the project, with many of the tenants projected to open December 2023 and are hoping to confirm a possible medical office, dual branded hotel, and/or fitness center for Phase 2.” Hollander confirmed tenants for Phase 1 will include Raising Cane’s, Panera Bread, Freddy’s Frozen Custard & Steakburgers, Discount Tire and Sleep Number.
Township Officials agree this will be a win for the community with the first retailers being open for business by the end of 2023.