The thirty-million-dollar project revitalizes Roxborough’s retail landscape
Federal Realty Investment Trust (NYSE: FRT), a leader in operating and developing sustainable and high-quality retail-based properties, today announced the redevelopment groundbreaking for Andorra Shopping Center, located at 701 Cathedral Road in Philadelphia. The construction, which began in February 2025, will transform the shopping center with ground up construction of a 50,000 square foot anchor grocer and the repositioning of 30,000 square feet of retail space at the north end of the property.
The redevelopment will feature approximately 14,000 square feet of landscaped plazas and outdoor dining spaces, creating new placemaking opportunities for the community. Enhanced amenities will include curbside pick-up parking spaces, expanded sidewalks, and improved pedestrian connectivity. The project will also reconfigure the north end parking lot to provide additional access to Cathedral Road and create an internal connection to the main shopping center.
“This next phase of redevelopment at Andorra Shopping Center underscores Federal Realty’s ongoing commitment to creating vibrant, community-focused spaces,” said Mark Brennan, Vice President of Development at Federal Realty Investment Trust. “By investing in thoughtfully designed outdoor amenities, improving accessibility, and curating a diverse mix of tenants, we are enhancing the shopping center’s role as a retail destination for the Roxborough community.”
The redevelopment represents a $30 million investment by Federal Realty and is targeted for completion by the end of 2025 with stores opening in spring 2026. This groundbreaking follows the recently announced lease with GIANT grocery store. The shopping center will also welcome KinderCare as a new tenant. The nearly 10,000 square foot local day care center offering year-round childcare and early childhood education is slated to open in early 2026.
Andorra Shopping Center continues to attract premier tenants and is currently home to national brands including T.J. Maxx, Five Below and Kohls.
###
About Federal Realty
Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as Northern and Southern California. Founded in 1962, Federal Realty’s mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. Its expertise includes creating urban, mixed-use neighborhoods like Santana Row in San Jose, California, Pike & Rose in North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts. These unique and vibrant environments that combine shopping, dining, living and working provide a destination experience valued by their respective communities. Federal Realty’s 102 properties include approximately 3,500 tenants, in 27 million commercial square feet, and approximately 3,100 residential units.
Federal Realty has increased its quarterly dividends to its shareholders for 57 consecutive years, the longest record in the REIT industry. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.federalrealty.com.
Posted In Media Relations, Real Estate & Related Services