Centennial Announces Redevelopment Plan for Hawthorn Mall

Shopping Center to Transform into Premier Mixed-Use Development Featuring New Retail, Dining, Entertainment, and Luxury Multi-Family Housing

DALLAS – March 14 , 2019 – Centennial, an innovative, fully integrated real estate investment firm with a national portfolio of shopping, dining, entertainment and mixed-use destinations, announced today a transformative redevelopment plan for Hawthorn Mall, a super-regional shopping center that has been the preferred retail and dining destination in Vernon Hills, Illinois, since 1973.

Since it opened, Hawthorn Mall has operated as an enclosed structure without the outdoor shopping and entertainment elements incorporated into today’s more modern and vibrant lifestyle centers.

Through a significant redevelopment of the center’s former Sears and Carson’s sites, the development of additional outparcels, and updates to the existing mall building, Centennial will create a mixed-use destination featuring additional retail and dining options, luxury multi-family housing, a regional gourmet grocer and an outdoor gathering space that will transform Hawthorn Mall into a destination development offering a unique-to-market experience that serves the wants and needs of Vernon Hills and the surrounding communities.

“The redevelopment will be both comprehensive and transformative, altering the entire landscape of the center and offering local residents a live - work - play environment that rivals the most vibrant mixed-use destinations in the nation,” says Steven Levin, Centennial’s CEO. “When completed, the design will create an urban sensation in a suburban setting with compelling architectural elements that the residents of Vernon Hills will be proud to have in their village.

With this redevelopment, Centennial is making a significant investment in the community as well as the center. This project will be the largest capital investment in the center since its grand opening almost a half century ago.”

When Sears and Carson’s vacated their long-term spaces at Hawthorn Mall, Centennial recognized the change as an opportunity to redefine the center and expand its trade area. In 2018, a partnership controlled by Centennial purchased both sites in anticipation of the coming redevelopment.

“Centennial will be replacing the former Sears and Carson’s spaces to create a dynamic shopping and entertainment experience filled with new restaurants and retail shops, best-in-class multi-family units, and a unique regional grocer,” says Oliver Robinson, Centennial’s Executive Vice President, Developmentand Construction. “The project will be pedestrian-friendly with an incredible park centerpiece that creates an indoor/outdoor gathering place for year-round events and activities.”

Renderings for use in articles about the redevelopment can be accessed here:

http://ow.ly/5lGL30ojpnS.

About Hawthorn Mall

Located in Vernon Hills, Illinois, Hawthorn Mall has been the preferred shopping and dining destination in Lake County since 1973.

While the center currently boasts more than 120 specialty retailers, including Lake County’s only Maggiano’s and a state-of-the-art AMC Hawthorn 12 theater, Hawthorn has recently embarked on a comprehensive redevelopment that will transform the property from a traditional shopping center into a master-planned mixed-use development. This redevelopment, which represents the largest capital investment in the property since its grand opening nearly half a century ago, will redefine the customer experience and expand the center’s trade area by creating a new and distinctive sense of place that will continue to evolve with the community for generations to come. To learn more, visit the Hawthorn Mall website at www.shophawthornmall.com and follow the center on Facebook and Instagram.

About Centennial

Centennial is a national owner of major shopping, dining, entertainment and mixed-use destinations.

Rooted in retail since 1997, the company is focused on shaping the evolution of American retail by creating a superior multi-faceted shopping experience.

Centennial properties serve not only as a place of commerce, but a place of community. For more information, visit CentennialREC.com.

Media Contacts:

Deborah Blackford

Blackford & Associates

blkfrd@earthlink.net

714-280-8765

 

Karen Franse

Blackford & Associates

karenfranse@gmail.com

386-649-1887

 

Carmen Herlihy

Blackford & Associates

cherlihypr@gmail.com

646-770-2623