Vacant Lord & Taylor in Westfield bought by developer
A company called Premier Development purchased the 7-acre property along North Avenue.
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There's an update on the abandoned Lord & Taylor property in Westfield.
The 7-acre property has been bought by a new developer, which means neighbors could soon see that building demolished and something new built up.
The Lord & Taylor along North Avenue in Westfield first opened in 1988 and then closed in 2021 when it started liquidation.
Since then the property has been vacant. Premiere Development, which specializes in luxury rentals recently purchased the property. The company is now in talks with the Westfield Township Council about what will be built.
Neighbors to the property are expecting a residential development. However, there are concerns for more cars and even more traffic if hundreds of more people move in.
"Honestly, I'm happy because it really is just an open area and the town or whomever purchased it needs to do something with it," said neighbor Lara Ingram.
Ingram lives in the neighborhood directly across the street from the store. News 12 asked her if she cares what goes in next.
"Listen I have no choice, the builders are going to build what they're going to do. Residential, I would not love the idea but it's going to help my property value so, I'm OK with that," said Ingram.
There have been plans in the past for the Lord & Taylor property.
One Westfield Place was a former project that included retail, office space and apartments. Meanwhile, the mayor of Westfield has said the council will maintain rigorous oversight of any plans that are pitched.
