JCPenney confirms move to Alamance Crossing
We've already reported this in the News & Record, but the developer behind a mega-shopping project in Burlington confirmed today that JCPenney will move there from Burlington Square Mall.
Alamance Crossing, a massive outdoor shopping center being built on 142 acres at I-40/85 and University Drive, already has snagged major mall anchors including Dillard's.
Consumers in the area are worried about what this means for the fate of the mall, which has gone through a number of names and owners during the past decade. It's unlikely that Burlington Square will be able to fill the department store spaces with equally large major nameplate retailers.
The new JCPenney at Alamance Crossing will open this summer in 104,000 square feet on a single level, according to a news release from CBL. It will join tenants including Carousel West End Cinemas, Belk, Ann Taylor LOFT and Coldwater Creek.
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