The cat is officially out of the bag.
Windsor Park Mall lands new owner
San Antonio Business Journal - 6:10 PM CDT Tuesday, April 24, 2007
by Tricia Lynn Silva
http://sanantonio.bizjournals.com/sa...l?surround=lfn
The city of Windcrest and the Windcrest Economic Development Co. LLC have completed the purchase of the site formerly known as Windsor Park Mall, officials announced late Tuesday.
The two organizations are also in the process of purchasing 17 additional acres of nearby land on the northeastern edge of San Antonio.
The purchase price was not disclosed.
The Windcrest Economic Development Co. provided the capital necessary to buy the property, which, for years, was owned by three separate entities, according to Ronnie Cain, city administrator for the city of Windcrest.
The mall spans 747,386 square feet; it is located off of Interstate Highway 35 and Walzem Road in Northeast San Antonio.
The purchase represents the first step in an initiative to revitalize the Walzem Road corridor, according to Windcrest Mayor Jack Leonhardt. The mall itself is located in the city of San Antonio.
The additional 17 acres is located in the Windcrest city limits, and sits across Walzem Road from the mall property.