NEW YORK — Mills Corp. is out to blaze a path of development in Europe even before the verdict is out on Xanadu, the 1.4-million-square-foot retail-entertainment complex the developer opened in Madrid in May. It’s the first major retail project opened by a U.S. developer in Europe, and Mills is preparing more for the Continent.

“We hope to open another project in the next two years or so [in Europe],” said Laurence Siegel, chief executive of Mills, a real estate investment trust based in Arlington, Va.

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