The purpose of retail development or redevelopment activity is to create value substantially greater than the investment. This requires the skill to determine the right project scope, establish the correct merchandising plan, and bring it all together on time and at the right cost. Kravco Simon, through its predecessor Kravco Company, has been doing this for over 50 years, having developed, expanded or renovated more than 30 million square feet of retail space throughout the country. Future redevelopment and expansion projects are anticipated at Bangor Mall, Montgomery Mall and Quaker Bridge Mall. The Galleria at Ft. Lauderdale Location: Ft. Lauderdale, Florida Square Footage: 1,018,650 Date Opened: 1980 Date Redeveloped: 2002-2005 Anchors: Dillards, Neiman Marcus, Saks Fifth Avenue, Macy’s Major Features of the Project: Complete redevelopment of the Palm Court (food area); new flooring, lighting, seating areas, landscaping; new exterior landscaping, front entrance, lighting, paint, signage, and a signature fountain in the main entrance. Hamilton Mall Location: Hamilton Township, New Jersey Square Footage: 923,360 Date Opened: 1987 Date Redeveloped: Renovated in 2003 Anchors: Sears, JCPenney, Macy's Total Cost of Redevelopment: $8,000,000 Major Features of the Project: New porcelain tile floor, new entrance upgrades, food court upgrades/ reconfiguration, new first level restrooms, and new landscape, amenities and graphics packages. Lehigh Valley Mall Location: Whitehall, Pa Square Footage: 115,000 Date Opened: 2007 Development: Addition of a lifestyle center to the mall, as well as interior renovations that included lighting, paint, mall enterances, skylight, escalators and restrooms. New tenants included, Barnes & Noble, Apple, Coach, Sephora, Pottery Barn and Williams-Sonoma. Montgomery Mall Location: North Wales, Pa Square Footage: 50,000 Date Opened: 2008 Development: Addition of Dick’s Sporting Goods.