Signal · Development
Fashion Square’s redevelopment is stuck between its two owners
noted Aug 31, 2026
As of July 2026 the mall’s redevelopment remains stalled: the only city-approved plan is still Bancorp’s 2021 framework — 1,400 residential units, a hotel and 177,000 sq ft of retail — and it sits unexecuted because Bancorp, which controls the buildings through a leasehold, has no deal with the Unicorp-led landowners. Meanwhile the city’s Municipal Planning Board approved a separate 378-unit Kennedy Wilson apartment complex on 6.6 acres next door.
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