Mosaic - DC's Most Innovative New Retail Destination - to Open to the Public in September 2012 With an Expertly Curated Selection of Retailers, Restaurants and Entertainment Venues, Mosaic to Elevate the Community Experience to a New Standard in Washington D.C.

WASHINGTON, July 9, 2012 /PRNewswire/ -- EDENS, one of the nation's leading retail real estate owners and developers, will open Mosaic, an innovative retail destination in September 2012.  This 31-acre, mixed-use development center will create an urban district in the heart of Fairfax, Virginia, committed to enhancing and enriching the community.

Mosaic is Washington D.C.'s most innovative new retail destination.  Mosaic's unique experience is created through hand-selected partnerships, intelligent urban-design and a passion for creating authentic community engagement.  Mosaic elevates the community experience to a new standard by creating a vibrant, sophisticated environment that connects families and friends together.

The carefully selected mix of the finest local fashion boutiques and restaurants coupled with premier national retailers and entertainers, makes Mosaic a truly unique destination.  Mosaic partners include Angelika Film Center, MOM'S Organic Market, Last Call by Neiman Marcus, Black's Bar & Kitchen, Target, Artisan Confections, Bellacara, Cava Mezze, Cyclone Anaya's, Dolcezza, Red Apron Butchery, Dawn Price Baby, Matchbox, MyEyeDr., Lou Lou Boutique, sweetgreen, Taylor Gourmet, Paper Source, Eagle Bank and Hyatt House.

Through its intelligent urban design, Mosaic creates a sense of warmth, intimacy and familiarity, fostering community engagement and social interaction.  The local flavor of the community is clearly reflected in Mosaic's storefronts, landscape, outdoor furniture, materials, lighting, signage and hardscape amenities.

Phase 1 of Mosaic, scheduled to open in September 2012, will include 350,000 square feet of retail, an 8 screen boutique cinema, a 150-room boutique hotel, 73,000 square feet of Class A office space, a 1 acre park and LEED certified buildings.  The overall project will include 500,000 square feet of retail, 1,000 residential units, a 150-room boutique hotel, 4,000 parking spaces (4 above grade parking garages) and 2 parks.

Development partners of Mosaic are AvalonBay, a 531-unit apartment building with 40,000 square feet of first floor retail on Parcel H; EYA, builder of approximately 112 luxury townhomes; and Lodgeworks, a 150 room boutique hotel which will flag as Hyatt House.

Starting in July, Mosaic will feature its retailers on MosaicDistrict.com and on Mosaic's Facebook & Twitter pages so the community can learn more about these hand selected partners.  Visit each week to get exclusive deals, behind-the-scene storeowner interviews and unique stories about each retailer featured.

For additional information about Mosaic, go to www.mosaicdistrict.com or www.edens.com

About EDENS:
EDENS develops, owns and operates neighborhood shopping centers in primary markets throughout the East Coast.  Focusing on innovative development and redevelopment together with key acquisitions in urban areas, the Company has built an institutional-quality portfolio of 130 retail centers.  EDENS has Regional Headquarters in Boston, New York, Washington D.C., Atlanta, Miami and Columbia, SC.  For additional information about the Company and its retail real estate portfolio, please visit www.edens.com.

SOURCE EDENS



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