Lakeforest Mall

February 19, 2020 | Suzanne Pollak

Future Plans for Lakeforest Mall Still on Hold

Gaithersburg councilmembers reluctantly agreed Tuesday to give WRS Inc. Real Estate Investments another three months to negotiate with the anchor stores at Lakeforest Mall before moving forward with a yearlong study of how best to use the land. WRS, which owns the mall, originally was given 150 days to work out a plan in which […]

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January 23, 2020 | Michelle Queen

Montgomery County Celebrates Chinese New Year With Numerous Events

Update (Jan. 27): The city of Rockville has cancelled the Lunar New Year celebration scheduled for Feb 1. Original:  The Chinese New Year, also known as Lunar New Year, is a centuries-old celebration of the new calendar year. The new lunar year will last from Jan. 25, 2020 to Feb. 11, 2021. The new year […]

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November 6, 2019 | Ashley Peccerelli

Nothing Lasts Forever: Two More Impending Closures at Lakeforest Mall

Forever 21 and F.Y.E will be closing at Lakeforest Mall in Gaithersburg.   Forever 21 is expected to close 111 locations in the U.S. after filing for bankruptcy in September. The fast-fashion retailer released a revised list of possible store closings. The Lakeforest location is one of the few in Montgomery County that was planned to continue operating but […]

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October 11, 2019 | Joe Yasharoff

MoCo’s Most Famous: Gaithersburg Mayor Jud Ashman

Jud Ashman is the affable mayor of the city of Gaithersburg. He has been a very busy man lately with a long list of big things like Montgomery County’s first ever Wawa and possibly first-ever Royal Farms. Ashman addresses those topics plus the future of Lakeforest Mall and discusses his pet project, the popular Gaithersburg […]

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September 4, 2019 | Deirdre Byrne

Sears at Lakeforest Mall to Close in December

The Sears at the Lakeforest Mall in Gaithersburg is closing in December. It’s among nearly 100 other Sears stores that will be closing by December. This news, first reported by USA Today, comes weeks after the company that owns Sears and Kmart confirmed that 26 other locations will close by October. Larry Costello, the PR […]

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August 12, 2019 | Douglas Tallman

New Lakeforest Owner Says ‘Moratorium’ Would Hurt Redevelopment Plans

The new owner of the Lakeforest mall property asked Gaithersburg officials not to impose an 18-month moratorium on development at the mall for fear it will “stifle our ability to finance” its plans. WRS Inc. of Mount Pleasant, South Carolina, wrote the city that it wants housing, a theater, restaurants and a grocery on the […]

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August 7, 2019 | Deirdre Byrne

Lakeforest Sale Happened ‘Unbeknownst to City,’ Gaithersburg Mayor Says

Gaithersburg Mayor Jud Ashman commented on the news that the “core of Lakeforest [Mall] was sold” has been sold to WRS Inc., a South Carolina retail shopping center developer. During an interview with MyMCMedia on Wednesday, Ashman said that Gaithersburg city officials were left in the dark about the recent sale to WRS Inc. Ashman […]

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August 5, 2019 | Deirdre Byrne

First Wawa in Montgomery County to Open in Gaithersburg

The City of Gaithersburg will hold a public hearing Monday to discuss the plans to build a new Wawa across from Gaithersburg High School — off of South Frederick Avenue and MD Route 355. The hearing will take place at 7:30 p.m. in the council chamber of Gaithersburg City Hall. At tonight's @GburgMD Mayor & […]

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July 30, 2019 | Douglas Tallman

Lakeforest Mall Sold to South Carolina Retail Developer

Lakeforest Mall in Gaithersburg has been sold to WRS Inc., a South Carolina retail shopping center developer, a Gaithersburg official said Tuesday morning. Assistant City Manager Tom Lonergan said WRS informed the city of the transfer of ownership. The troubled mall has faced high vacancy rates, low rents and disinvestments. In June 2018, it became […]

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July 16, 2019 | Douglas Tallman

Penney’s Closing at Lakeforest Mall

The JC Penney department store at the Lakeforest mall has closed, laying off 113 employees, according to a Maryland website that tracks layoffs. The store is closing, according to a “Dislocation Alert Template,” supplied by the Maryland Department of Labor. The website says the store closed July 5, but the notice went out July 15. […]

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