The former Northway Mall in Anchorage, Alaska, is getting a new lease on life. A major redevelopment project is transforming the 30-acre site at 3101 Penland Parkway. The project includes the demolition of a large part of the enclosed mall, which is nearing completion.
New businesses are moving in, joining existing tenants like Shockwave Trampoline Park and Xpress Lube. O’Reilly Auto Parts is one of the new additions, occupying a 37,000-square-foot space. The auto parts store is set to open in the summer of 2025.
The redevelopment project also includes exterior improvements. A new landscape plan will be implemented in Spring 2025, enhancing the property’s appearance. Shaun Benderson, managing director of Benderson Development, is excited about revitalizing the property.
The Northway Mall was one of Alaska’s first enclosed malls. Its revitalization is a significant undertaking. The project aims to create a hub of activity for the local community. With new tenants and improved exteriors, the Northway Mall Revitalizing is making a positive impact.
The redevelopment project has been in the works for several years. Benderson Development has worked closely with officials to bring the project to life. The company’s efforts are paying off, with the Northway Mall poised to become a thriving retail destination again.
This news story was originally published by Alaska’s News Source.