[9] Subsequently, the mall's owners notified tenants (except Sears) they were to vacate by January 31, indicating that approved redevelopment is imminent.

[10][11] At final build out, Landmark would transform into a walkable, mixed-use urban village with approximately 317,000 square feet (29,500 m2) of modern shops and restaurants, up to 400 new residential units and an updated parking structure.

In addition to the new retail and residences, the new Landmark would be an open-air community destination featuring multiple plazas and green spaces, outdoor seating, seasonal entertainment, and public art.

[20] On July 6, 2021, it was announced that the Alexandria City Council unanimously approved the redevelopment agreements for the site of the former Landmark Mall, which will result in up to approximately four million square feet of new development.

The project will be anchored by the relocation and expansion of Inova's Alexandria Hospital bringing more than 2,000 healthcare workers to the medical campus.

As part of the collaboration between the City and Inova, the Alexandria City Council also approved a master plan amendment and rezoning of the current Inova Alexandria Hospital site on Seminary Road to permit a variety of residential uses, which will facilitate the sale of the property in advance of its relocation to the Landmark site.

Alexandria City Council also approved the use of $54 million in public bond financing to allow the city to acquire the land for the hospital and lease it to Inova, as well as $86 million in public bond financing for site preparation and infrastructure at the Landmark site and adjacent Duke Street and Van Dorn Street corridors.

It will include retail and restaurant pavilions, trails, and recreational facilities that will house a skating rink and pickleball courts.