Development for Enfield Square Mall Planned

According to the Hartford Business Journal, Nebraska-based Woodsonia Real Estate Group Inc., plans to transform the Enfield Square mall into a mixed-use development named Enfield Marketplace, featuring retail, housing, and recreation. The project is contingent upon approval and involves a $200 million investment to renovate 570,000 square feet of space, including 450 residential units and two hotels. The Enfield Town Council has authorized the town to apply for funding from the Community Investment Fund and approved a local property tax break for the development. The current property owner, Namdar Realty Group, purchased the mall in 2019 for $11.39 million, but the sale price for Woodsonia’s acquisition has not been disclosed.

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