With 1,267,000 square feet (117,700 m2) of gross leasable area, Westfarms is the third-largest mall in Connecticut.

The mall is currently owned and managed by Taubman Centers, a subsidiary of Simon Property Group.

[5] Facing competition from the newer Buckland Hills Mall in nearby Manchester, Taubman began a USD $100-million renovation and expansion of Westfarms in 1995.

[11] In August 2020, it was announced that upscale specialty department store retailer Lord & Taylor would shutter its traditional brick and mortar format as a direct result of the COVID-19 pandemic.

[12][13] In December, 2022, it was announced that Jordan's Furniture would be reconstructing the original Lord & Taylor structure which opened in 2023.