KANSAS CITY, Mo. – Developers Tuesday announced plans for a $300 million redevelopment proposal for the site of the former Great Mall of the Great Plains.

Salt Lake City-based Woodbury Corporation plans a mixed-use development at the location near 151st Street and Interstate 35 in Olathe.

The development would include 300 apartments, two hotels, 250,000 square feet of entertainment/retail/restaurant space, 200,000 square feet of office space and a 4,000-seat multi-purpose arena that would serve as a home for the Kansas City Youth Hockey Association.

The company has dubbed the project, “Mentum.”

“We enjoyed building relationships with our Kansas City partners over the years, and we’re excited about this new opportunity to continue our work in the area,” Josh Woodbury, vice president of acquisitions for Woodbury Corporation, said in a release. “We feel that when completed, Mentum will be a great amenity not only for the local community of Olathe, but for the whole state of Kansas as well.”

The Great Mall of the Great Plains closed in the fall of 2015 after the site failed to attract enough shoppers.