logo

Pennrose Mall Redevelopment

Sector: Residential • Location: Reidsville, North Carolina, United States

Source: The Business Journals

Project
Under Construction

Tom Holderby purchased Pennrose Mall in Reidsville, North Carolina for $2.8 million and is undertaking a $6 million to $7 million renovation to revitalize the mall and attract new tenants. The renovation includes patching the roof, installing new lighting, floors, ceiling tiles, and adding doors leading outside to individual stores. Construction and renovation have already begun, with an expected

Status
Under Construction
Sector
Residential, Commercial
Location
Reidsville, North Carolina, United States of America
Updated
22 Jul 2026
Source
The Business Journals

ConstructChat

Ask ConstructChat about Pennrose Mall Redevelopment

Pick a question to edit it, or write your own.

First answer free · no account

I am a

Project Information FAQ

Project Information

4 Q
The project “Pennrose Mall Redevelopment” is an infrastructure initiative in the Residential sector, located in Reidsville, North Carolina, United States. Taiyo aggregates data on it from The Business Journals.

Participants

Not available for this record.

Status

Original status

under construction

Taiyo status

Under Construction

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Tom Holderby purchased Pennrose Mall in Reidsville, North Carolina for $2.8 million and is undertaking a $6 million to $7 million renovation to revitalize the mall and attract new tenants. The renovation includes patching the roof, installing new lighting, floors, ceiling tiles, and adding doors leading outside to individual stores. Construction and renovation have already begun, with an expected duration of six to eight months. Thirteen businesses have expressed interest in leasing spaces in the mall.

Original sector

Built Sector

Budget

Location

Country

United States of America (USA)

State

North Carolina

City

Reidsville

Source

Source

The Business Journals

URL

More Details

Record type

Project

Sector

Residential, Commercial

Article published date

2025-12-27

More on this project

Research

Free account

View all details

You are reading the public part. A free account opens the rest:

  • Every detail on this project
  • News and media coverage
  • Technical research
View all details

Free account · no card · lands you back on this project