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Friday night can be a bit quiet inside Silver Lake Mall, with a trickle of shoppers walking the beat between anchor stores. But down the west corridor near Sears, a crowd starts to gather. Then the music begins – country, folk, bluegrass and gospel. It’s a weekly acoustic jam that began nearly two years ago and has built a loyal fan base.
The owners of Spokane’s NorthTown Mall are renovating the north-side façade as part of the shopping center’s makeover. Built in the 1950s, then renovated several times since, the city’s oldest shopping mall has looked dingy and unappealing to visitors driving south along Division Street.
The owner of NorthTown Mall plans to demolish much of the shopping center’s north end to build a new entrance as part of an overall renovation, the company said Thursday. Starting early next year, about 120,000 square feet of space between the Macy’s and Kohl’s stores on the north end will be torn down and replaced with about 63,000 square feet of newly built retail and restaurant space, according to a news release.
LOS ANGELES — Simon Property Group, the nation’s largest shopping mall owner, made a $10 billion hostile bid today to acquire ailing rival General Growth Properties.
The nation’s second-largest shopping mall owner, General Growth Properties, filed for Chapter 11 bankruptcy protection Thursday in a tough bargaining move to restructure it’s $27 billion in debt.