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How much is King of Prussia Mall worth?

The King of Prussia Mall is a $2.8 billion asset for Simon, making it the eighth-most valuable mall in the country owned by a publicly traded real estate investment trust, according to a January research note by Boenning & Scattergood, a Conshohocken investment firm.

How much does King of Prussia Mall make?

According to its owners, the King of Prussia Mall generates $60 million annually in sales-tax revenue for the local government. It also pays $8 millionper year in real-estate taxes. Simon Property Group spends more than$1 billion annually on expansions andrenovations.

Who owns King of Prussia town center?

CBRE Group

King of Prussia Town Center
Wikimedia | © OpenStreetMap
Owner Funds managed by CBRE Group
No. of stores and services 37
Total retail floor area 390,000 sq ft (36,232 m2)

What is special about King of Prussia Mall?

A veritable shopper’s paradise since its opening in 1963, the mall features major department stores (including Neiman Marcus, Nordstrom, Bloomingdale’s and Macy’s), more than 30 eateries (including Morton’s, Shake Shack and The Cheesecake Factory) and hundreds of specialty shops (including Burberry, Apple, Louis …

Is King of Prussia mall bigger than Mall of America?

While King of Prussia has about 100 fewer stores, purists will boast that it offers more retail footage (nearly 3 million square feet) than Mall of America (about 2.5 million).

What’s the most expensive mall in the world?

Bawadi Shopping Mall
World’s Most Expensive Mall: Dubai’s 4,000,000-Square Foot Bawadi Shopping Mall. In May 2007, plans were first announced for the most expensive shopping mall in the world, the Bawadi Shopping Mall in Dubai.

Why is it called King of Prussia?

King of Prussia’s name comes from an inn and tavern opened in 1769 in a converted farmhouse originally built by Welsh Quakers in 1719. The owner named his tavern to honor King Frederick II of Prussia, an eighteenth-century monarch who opposed Britain’s imperial ambitions.

Is King of Prussia safe to live?

King of Prussia is in the 87th percentile for safety, meaning 13% of cities are safer and 87% of cities are more dangerous. The rate of crime in King of Prussia is 14.15 per 1,000 residents during a standard year. People who live in King of Prussia generally consider the northwest part of the city to be the safest.

Is King of Prussia bigger than Mall of America?

The total leasable square footage of the King of Prussia Mall is 2,793,200 square feet, which was 13,958 square feet more than the second-largest U.S. mall, Mall of America in Bloomington, Minn. The King of Prussia Mall, with more square footage, has only about 400 retailers operating inside of it.

What is the smallest mall in the world?

Smallest mall ever? – Cenang Mall

  • Asia.
  • Malaysia.
  • Kedah.
  • Langkawi District.
  • Langkawi.
  • Pantai Cenang.
  • Pantai Cenang – Things to Do.
  • Cenang Mall.

What is the smallest mall in America?

the Exeter Mall
″Welcome to the Exeter Mall,″ it boasts in a sunburst of yellow and blue. Come one, come all. Step right up to a purely American curiosity. On the edge of 200 acres going brown in the nation’s smallest state is what its owner claims is the nation’s smallest shopping mall.

Which is the largest shopping Centre in the world?

Dubai Mall
Dubai Mall – Dubai, United Arab Emirates At over 12 million square feet (equivalent to more than 50 soccer fields), the Dubai Mall is the largest shopping mall in the world based on total area.

When did the King of Prussia mall open?

King of Prussia (mall) The mall, which opened in 1963, consisted of two distinct buildings known as The Plaza and The Court until August 2016, when a major expansion was completed and the two buildings were finally connected to create one massive shopping mall.

Where is the Crowne Plaza in King of Prussia?

Crowne Plaza Hotel Philadelphia – King of Prussia. 260 Mall Boulevard, King of Prussia, PA 19406, United States of America – Great location – show map. After booking, all of the property’s details, including telephone and address, are provided in your booking confirmation and your account.

Where is the Nordstrom in King of Prussia?

Visit Nordstrom The Plaza at King of Prussia at 190 North Gulph Road in King of Prussia located at King of Prussia Plaza near Seasons 52 and Primark. Curbside services are available outside the South entrance. Our Nordstrom Personal Stylists are super friendly, and appointments are fast, fun and free—with zero pressure.

Where is the Crowne Plaza Hotel in Philadelphia?

Across from the King of Prussia Mall and within driving distance of Philadelphia city center, this hotel features an on-site restaurant along with spacious guestrooms offering flat-screen TVs and free wireless internet. Start the day at the Crowne Plaza Hotel Philadelphia-Valley Forge with a cup of coffee from in-room coffeemakers.