Mixed Use Development Planned For Ridgmar Mall
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FORT WORTH (CBSDFW.COM) – GK Development Inc., the owner of the Ridgmar Mall, has acquired the 120,000-square-foot building currently occupied by Neiman Marcus. This purchase is the next step in the mixed-use redevelopment plan for the property.
"This is an exciting time for Ridgmar Mall," said Garo Kholamian, president of GK Development. "We are moving forward with our plans for the transformation of this property. This revitalization will brand Ridgmar Mall as a superior gathering destination for shopping, dining and entertainment. Our goal with these plans is to enhance the ultimate experience for its customers."
GK Development began with a multimillion-dollar renovation of the property earlier this year. Phase one included interior improvements to open up sight lines within the center and a $3-million remodel of Cinemark Theatres. Additionally, the first H&M store in Fort Worth opened last year at Ridgmar.
Future phases of the transformation to a mixed-use property is expected to include many new retail entertainment and dining establishments maximizing the prime location in between the heart of Walsh Ranch and downtown Fort Worth.
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