Federal Realty Investment Trust is set to transform Twinbrooke Shopping Centre with a series of modern upgrades designed to elevate the shopping experience for visitors and merchants alike. The enhancements will feature a modern canopy and façade design along with new decorative LED lighting, upgraded landscaping, and café seating zones. Additional improvements will include enhanced accessibility throughout the property, upgraded landscaping, new signage, and refinished asphalt surfaces.
“Constructed in 1977, we are excited to see Twinbrooke transformed into a bustling community hub featuring new modern materials, colors, and architectural features with café seating areas that invite its loyal consumer base to extend their stays,” said Deirdre Johnson, Senior Vice President at Federal. “This transformation will also attract infill retail, service, and dining concepts to create a more synergistic store line-up.”
All stores will remain open throughout construction, with work set to begin on or around March 17 and expected to be completed within approximately eleven months.
Link to architectural plans and elevations and examples of temporary construction signage.
About Federal Realty:
Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as Northern and Southern California. Founded in 1962, Federal Realty’s mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. Its expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty’s 102 properties include approximately 3,500 tenants, in 27 million commercial square feet, and approximately 3,100 residential units.
Federal Realty has increased its quarterly dividends to its shareholders for 57 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.federalrealty.com.