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Regency Centers Corporation

10/24/2024 | News release | Distributed by Public on 10/24/2024 10:23

Regency Centers Announces Leasing and Lifestyle Momentum at The Crossing Clarendon

Regency's The Crossing Clarendon, a mixed-use development in the heart of Arlington, VA, has long been a cornerstone of the community. Acquired in May 2016, the property encompasses retail, dining, office spaces, and residential areas. With a forward-looking vision, Regency has revitalized this community staple, transforming it into an iconic destination that resonates with both residents and retailers.

As part of this transformation, Regency invested over $60 million in capital improvements, including the redevelopment of the former office building and the rejuvenation of "The Loop" common area. This public space now features a "Sip and Stroll" concept, providing a lively environment where visitors can enjoy beverages while walking through the center.

The Crossing Clarendon is currently 97% leased, reflecting the strong demand for its thoughtfully curated tenant mix and modern amenities. This impressive occupancy rate highlights the success of Regency's leasing strategy and the property's broad appeal, attracting both national brands and beloved local businesses. With a diverse array of new tenants, it continues to elevate the shopping and dining experience for the Arlington community.

Barnes & Noble: The nation's premier bookstore brings a cozy new-format store to The Crossing Clarendon. Featuring a curated selection tailored to the community, the bookstore offers a warm, inviting space for book lovers to browse books, toys, games, gifts, and more. With friendly, knowledgeable booksellers, Barnes & Noble delivers an unmatched literary shopping experience.

Warby Parker: A leader in the eyewear industry, Warby Parker offers stylish prescription glasses and sunglasses at affordable prices. In addition to comprehensive eye exams and contact lenses, Warby Parker blends the convenience of online shopping with an engaging in-store experience, providing a holistic eye care offering at their new state location.

Evereve: This contemporary women's fashion retailer curates on-trend clothing, accessories, and footwear for every lifestyle. Known for its personalized shopping experiences and styling services, Evereve empowers women through fashion, offering a fresh and inviting store layout for local customers.

Three Notch'd Brewing: A Virginia-based craft brewery, Three Notch'd Brewing is renowned for its award-winning beers and community-driven taproom. The new location at The Crossing Clarendon features a full taproom with local craft brews, brewery-exclusive offerings, and a chef-inspired menu to pair with its beverages.

Westville Restaurant Group: Bringing its popular casual dining concept to Arlington, Westville Restaurant Group offers fresh, simple, and delicious fare, catering to diverse dietary preferences. Known for vibrant salads, seasonal vegetables, and comforting classics, Westville is set to become a community favorite.

These incoming tenants are a continuing example of our long-term planning and operational expertise," said April Laney, Senior Leasing Agent. "When you combine placemaking with an intentional goal of connecting with the surrounding communities, you can create a perfect ecosystem for retail success. I'm so proud of what our team has done with this location and will continue to do over the years.

Beyond physical improvements, Regency's investment in The Crossing Clarendon has positively impacted the broader community. Its revitalization has attracted a variety of high-quality merchants and played a crucial role in stimulating local economic growth.

The continued leasing activity at The Crossing is a testament to both the strength of the Clarendon submarket and Regency's vision for revitalizing this key urban retail hub," said Ryan Touhill, Director of Arlington Economic Development. "The new and existing tenants will ensure that this legacy project, built over more than two decades, remains a vital community asset for residents, workers, and visitors alike. These updates boost our local economy and help ensure that Arlington continues to be an exceptional place to live, work, and thrive.

The Crossing Clarendonis a 419,950 SF shopping center in Arlington, VA. Boasting over 3 million annual visits, this iconic 10-acre hub is just steps from the metro and is situated on one of the best shopping streets in Arlington.

For additional leasing information, contact [email protected].

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