The owner of the Mall at Prince Georges in Hyattsville is planning a $25 million overhaul and a range of new retail, restaurant and entertainment tenants.
Pennsylvania Real Estate Investment Trust (PREIT) will start with a 20,000-square-foot H&M store, which aims to open in the fall of 2016, according to PREIT CEO Joe Coradino. The store will include men’s, women’s, children’s and infant clothing, as well as a separate store-within-a-store for accessories.
“It’ll be done in a number of phases, including bringing in a number of new retailers and restaurants and entertainment to really upgrade the merchandise mix,” Coradino said of the renovation.
Coradino couldn’t identify any of the other new tenants, saying the deals are not yet complete. He did say visitors should expect more restaurants in the mall, which already has Olive Garden and Outback Steakhouse, in addition to several fast food and other quick-service restaurants.