Century Shopping Center plans to renovate the 285,000 s/f property
Century Shopping Center has launched a comprehensive facelift project that includes façade and signage renovations of the 285,000 s/f retail destination.
"We've undertaken this project to keep our look fresh and up-to-date," said Century owner, Andrew Cohen, who noted that the center underwent its last such renovation in 1988. Originally built in the early 1950s by Cohen's father and uncles, the center has been enlarged a number of times over the years.
"These renovations will keep us at the top of our game in the face of the economic challenges now confronting the national economy," Cohen said, citing other recent improvements that include repaving of the parking lot and new parking lot lighting.
Century tenants include: TJ Maxx, Modell's Sporting Goods, Big Y Supermarket, CVS, McDonalds, Pet Supplies Plus, Bank of America, AutoZone, Party Warehouse, Casual Male, Rainbow Shops, Dot's and Payless Shoe.
The entire project, to be completed in stages, will take a total of 90 days, Cohen said.
Wallingford, CT O,R&L Commercial has completed the $3.8 million sale of a mixed-use investment property located at 33-39 North Main St. and 24-25 Wallace Ave. in the town center.
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.