Quote:
Originally Posted by MichaelB
That would be smart. That is such a hugh piece of property. With forsight, I think that area will be in demand again before long......Hope so...
Where did you hear this??
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Nothing concrete...I've heard 'rumblings' from multiple sources. I think some form of redevelopment within the next 3-4 years is inevitable. The mall is in a fantastic location overall, and any reinvestment by co-owners General Growth Properties and/or Simon could go a long way. Both have a history of pumping money into redevelopment of their older properties, so this is not out of the question. Perhaps the co-ownership has been a hindrance?
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