The redevelopment of the former Prairie Village Macy’s “is still in progress,” the property’s landlord says.
Gregg Zike, senior vice president of First Washington Realty, Inc., which owns the Shops of Prairie Village, told the Prairie Village City Council on Monday that the Maryland-based company is working out plans to lease out the property and manage redevelopment costs for the 125,000-square-foot space at 71st Street and Mission Road.
This comes nearly two months after city staff announced to the city council that First Washington had tentatively planned to host a groundbreaking in mid-November for the former Macy’s. That hoped-for event never materialized.
Redevelopment is going “slower than expected”
- Zike said First Washington is evaluating the redevelopment plan following a rise in construction costs and interest rates.
- That redevelopment plan calls for office and retail space for the three-story building.
- If anything changes in the current plan, Zike said, then the company will come back before the city’s planning commission and city council for approvals.
- “Things are moving forward with, once again, 7070 Mission Road [the former Macy’s], but they are slower than expected,” Zike said. “I was expecting to be under construction here in [the fourth quarter], that’s what I think I mentioned to the mayor probably six months ago, and it just hasn’t quite turned out, but we will keep working on that.”
Zike would not say what businesses would go inside
- Zike told the city council that there is interest in the building and that there are “executed leases for some spaces,” but he said he was unable to disclose specifics about any deals.
- Previously, Genesis Health Clubs announced plans to move into the building, but the company halted those plans until the city decides how it will move forward on a community center idea at the aging Paul Henson YMCA a few clocks south on Mission Road.
- Councilmember Cole Robinson said the former Macy’s is “a landmark building for the Shops” and pressed Zike for additional insight on the Macy’s redevelopment, but Zike said he had no other details he could share at this time.
Next steps:
- In 2024, Zike said First Washington is also working to complete phase two of the Corinth Quarter site, the L-shaped building that currently houses Tide and UPS.
- Zike said that as soon as there is additional news to share about the Macy’s redevelopment, he will present it to the city council.
Go deeper: Watch the entire Dec. 4 update from First Washington Realty online here, starting at 27:54.
