Torrington Properties’ plans for Seacoast Landing, a redevelopment of the former Mall at Fox Run and Newington Park Shopping Center advanced with a vote by Newington, NH residents to approve the town’s first tax increment financing district. The TIF district, which will fund $9 million in public infrastructure upgrades in exchange for future tax revenue, sets the stage for demolition of the two shopping centers, Business NH Magazine reported.
Torrington has moved toward the Seacoast Landing project for several years. Between June 2021 and December 2024, Torrington spent a combined $66.1 million to acquire the Mall at Fox Run, including the attached Sears, Macy’s and JCPenney spaces, and the 15-acre Newington Park Shopping Center, which formerly housed Savers, JoAnn Fabrics and other stores.
The mall closed in January. Jay Bisognano, Torrington’s founder and CEO, told the Portsmouth Herald that Costco Wholesale and another national retailer committed to operating at Seacoast Landing.
Photo credit: JJBers.
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