Frederick Towne Mall is a shopping destination located in Frederick, MD. As a Regional Center, it occupies a prime spot at US Rte. 40 & Waverly Dr.. Since opening in 1972, Frederick Towne Mall has been refreshed with a renovation completed in 2005. Shoppers can explore 602,000 sqft. of retail floor space featuring approximately 68 stores. Ample parking is provided with 3,000 spaces available.