Simon® Announces Upcoming Transformation of Smith Haven Mall
Rhea-AI Summary
Simon (SPG) has announced a major transformation project for Smith Haven Mall in Lake Grove, N.Y., scheduled to begin in summer 2025 and complete in 2026. The multimillion-dollar redevelopment will introduce several new retailers and amenities, including Zara's first Eastern Long Island location near Center Court.
The project includes the addition of Sur la Table, joining recently opened stores Primark and Mango. A new entertainment venue, Golf Lounge 18, will open in March, featuring a full bar and multiple TVs, while Ford's Garage restaurant will offer American cuisine. The renovation encompasses exterior and interior improvements, including a new outdoor plaza with landscaping and seating areas, updated flooring, modern fixtures, and a revitalized food court.
Positive
- Expansion of retail portfolio with premium brands like Zara, Sur la Table
- Addition of entertainment and dining venues (Golf Lounge 18, Ford's Garage)
- Property value enhancement through comprehensive interior and exterior renovations
- Strategic market expansion with Zara's first Eastern Long Island location
Negative
- Significant capital expenditure required for multimillion-dollar renovation
- Potential disruption to mall operations during construction period (2025-2026)
News Market Reaction – SPG
In the trading session that priced this news, SPG gained 0.34%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
The redevelopment will include the iconic fashion brand Zara, the ultimate destination for fashion-forward individuals, which will open its massive new space in 2026 near Center Court. It will be Zara's first location in
Plans also feature a lineup of exciting new and recently opened retailers, restaurants and amenities. This includes Sur la Table, opening in the Fall, which provides professional and at-home cooks alike with the finest cookware, dinnerware, cutlery and more. Sur la Table will join the recently opened Primark, an international affordable clothing retailer, and Mango, a leading international fashion brand, along with more than 130 other popular stores.
For fun seekers and foodies, Golf Lounge 18, opening in March, is a state-of-the-art golf facility featuring a full bar and multiple TVs to watch the big game, while first-to-market Ford's Garage is your go-to neighborhood burger and brew restaurant serving up All-American favorites with a vintage vibe.
The redevelopment project will feature notable improvements to the exterior and interior of the property, starting with a lush, green outdoor plaza that includes extensive new landscaping and seating areas. Once complete, the park-like setting will be perfectly suited for visitors to meet, relax, and enjoy community gatherings. The center is also getting a fresh look – inside and out. The exterior is being repainted and will welcome shoppers with bright signage and refreshed entryways. The mall's interior will feature updated flooring, modern fixtures and other enhancements, including an extensive revitalization of Center Court and a transformation of the food court to feature all new seating for a more comfortable dining experience.
"At Simon, we are committed to making significant investments across our portfolio to ensure that our centers continue to deliver exceptional customer experiences for today's shoppers," said Mark Silvestri, President of Development at Simon.
"Whether you're one of our long-time shoppers or stopping by on your way out East, we eagerly await welcoming everyone to discover what's new at Smith Haven Mall," said Mathew Boals, General Manager of Smith Haven Mall.
About Smith Haven Mall
With more than 130 stores, including L.L. Bean, Apple, H&M, White House Black Market, LoveSac, Aerie, Forever21, The LEGO Store, Sephora, and more, Smith Haven Mall is the destination for all your shopping, dining and family needs in
About Simon
Simon® is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across
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SOURCE Simon