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Springfield Town Center in Washington DC has executed an agreement with Merlin Entertainments to launch the next generation of LEGO® Discovery Centre in 2023.

PREIT (NYSE: PEI), a leading real estate investment trust focused on creating thoughtful, community-centric properties, announced that Springfield Town Center has executed an agreement with Merlin Entertainments to launch the next generation of LEGO® Discovery Centre in 2023. The 32,000 square foot indoor attraction has been co-created by Merlin & the LEGO® Group and will be accessible on one level right off the main entrance to the property.

"We are delighted to be opening an indoor LEGO attraction in Washington DC at Springfield Town Center. Our LEGO themed attractions have been a huge success across the globe, providing an opportunity for adults and children to spend fun and quality time together in an awesome LEGO world. We look forward to revealing more special details over the coming months ahead of welcoming our first visitors in 2023.”

Meike Lippert Senior Divisional Director Midway Europe and Global New Openings, Merlin Entertainments

“This new attraction helps PREIT achieve its goal of creating high quality purposeful places that serve as one-stop destinations for customers at a key property in a growing market. Experiential tenants have proven to be great catalysts throughout our portfolio and we expect that, upon opening, our trade area is expected to expand by a two hour drive time, creating success for our existing tenants and demand from others.”

Joseph F. Coradino Chairman and CEO, PREIT

The addition of this attraction broadens the appeal of Springfield Town Center, making it a destination for the nearly 25 million people who visit Washington DC each year.  The property already offers a dynamic retail, dining and entertainment experience including Macy’s, DICK’s Sporting Goods, Target, H&M, Sephora, Abercrombie kids, American Eagle along with dining and experiential tenants: Maggiano’s Little Italy, Yard House Restaurant, Regal Cinema, Dave & Buster’s, Maggie McFly’s and fitness offering: LA Fitness, among others.

“We are so pleased to welcome this new attraction to Fairfax County. The addition is sure to drive additional economic development, attract a broader array of tourists to our County, and provide a valuable amenity for our residents.”

Rodney L. Lusk Supervisor

“We are excited to welcome this next generation LEGO® Discovery Center to Fairfax County! It is an institution for kids of all ages where they can explore their imagination. LEGO Discovery Center will draw families from across the region to family-friendly Springfield and will be an important contribution to the County.”

Jeffrey C. McKay Chairman of the Fairfax County Board of Supervisors

Located in densely populated and expanding Fairfax County, Virginia, one of the wealthiest and highest income counties in the U.S., the property sits at an unparalleled location accessible to over 200 million cars annually. Proximity to Amazon’s HQ2 (13 miles) and the TSA’s new headquarters (less than one mile) are expected to create 28,000 jobs and drive retail, leisure and entertainment demand along with additional economic development to the area. The proposed multi-family and hotel developments at the property will ultimately drive the property to be a key example of PREIT’s five core focus areas: multi-family & hotels, health & wellness, essentials & grocery, experiential and, of course, retail.

Notes to Editors

About LEGO Discovery Centres

Welcome to our new LEGO® Discovery Centre. It’s the home of LEGO® play, where you and your family can create your own adventures in the ultimate indoor LEGO playground with over two million bricks.

From interactive MINILANDS and masterclasses with our Master Model Builders, to a 4D Cinema – your imagination will run wild. The new LEGO Discovery Centre is the next generation of LEGOLAND® Discovery Centres, of which there are 27 across the globe. www.legodiscoverycentre.com

About Merlin Entertainments

Merlin Entertainments is a global leader in location-based, family entertainment. As Europe's Number 1 and the world's second-largest visitor attraction operator, Merlin operates 137 attractions, 24 hotels and 6 holiday villages in 24 countries and across 4 continents. Merlin’s purpose is to deliver memorable experiences to its millions of guests around the world, through its iconic brands and multiple attraction formats, and the commitment and passion of its employees.

See www.merlinentertainments.biz for more information and follow on Twitter @MerlinEntsNews.

About Springfield Town Center

Springfield Town Center offers a unique retail experience that will satisfy any shopper’s needs. Springfield Town Center is in Springfield, Virginia in Fairfax County, at the intersection of I-95, 395, 495, and Fairfax Parkway.

About PREIT

PREIT (NYSE:PEI) is a publicly traded real estate investment trust that owns and manages innovative properties developed to be thoughtful, community-centric hubs. PREIT's robust portfolio of carefully curated, ever-evolving properties generates success for its tenants and meaningful impact for the communities it serves by keenly focusing on five core areas of established and emerging opportunity: multi-family & hotel, health & tech, retail, essentials & grocery and experiential. Located primarily in densely-populated regions, PREIT is a top operator of high quality, purposeful places that serve as one-stop destinations for customers to shop, dine, play and stay. Additional information is available at www.preit.com or on Twitter, Instagram or LinkedIn.