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by Marianne Wilson
ChainStoreAge.com

King of Prussia, Pa. — O’Neill Properties Group announced that Bass Pro Shops has signed a letter of intent for a 200,000-sq.-ft. store at The Point, in Sayreville, N.J., one of the largest new mixed use developments in the United States.

When completed, the Point will encompass 8 million sq. ft., and include a 3 million-sq.-ft. mall and entertainment district with luxury retail, waterfront and recreation destinations, high-end residential units, high-end hotels and two luxury marinas.

It will also feature waterfront dining, a community center, bike trails, walking paths, and abundant green and open space including a waterfront promenade. The estimated development cost for the project is approximately $2 billion.

“The Point will be a pedestrian friendly community providing visitors and residents alike with a lifestyle experience unequaled in the Tri-State area,” stated Brian O’Neill, founder and chairman of O’Neill Properties Group. “Moreover, it will generate thousands of jobs and millions of dollars in new tax revenue.”

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