DC Malls Reimagine Anchors After Saks Closures
After Saks Fifth Avenue closed its Friendship Heights and Tysons locations, DC-area malls are shifting away from traditional anchors toward experiential concepts and repurposed spaces, with Tysons Corner Center adding Hershey’s Adventure Land and a future DICK’S House of Sport, Lakeforest Mall planning a $1.2 billion redevelopment, and property owners expanding dining and entertainment to drive foot traffic.