Pandemic putting squeeze on regional malls

October 2, 2020 12:06 pm Leave a comment

The vacant Northridge Mall stands on West Brown Deer Road in the city of Milwaukee recently. Milwaukee city officials last week argued that mall owner U.S. Black Spruce Enterprise Group had created conditions at the mall that contributed to the death of Victoriano Diaz, who was electrocuted in July. (File photo by Rick Benedict)

Changes in how we shop — along with the COVID-19 pandemic's economic effects — will mean a lot fewer malls be operating throughout the country over the next few years.

Tagged with: Bayshore Town Center mall Mayfair Mall Northridge Mall retail

Massive American Dream mall to open but will shoppers come?

October 25, 2019 12:26 pm Leave a comment

The American Dream mall stands on April 25 in East Rutherford, New Jersey. Now, after endless fits and starts and billions of dollars in spending, American Dream is officially opening its doors. (AP Photo/Julio Cortez, File)

More than two decades ago when a mega entertainment and shopping complex was being conceived on a vast swath of swamp land in New Jersey, the iPhone didn't exist, Amazon was selling only books online and people could scarcely conceive of turning to something besides malls for shopping.

Tagged with: Bayshore Town Center malls shopping

Glendale OKs $37M for overhaul of Bayshore Town Center

June 25, 2019 3:04 pm Leave a comment

The city of Glendale signed off on a plan on Monday to spend $37 million to help redevelop the struggling Bayshore Town Center in exchange for clearing a decade-old debt on the property.

Tagged with: Bayshore Town Center

Glendale weighs plan to kick in $37M to redevelop struggling Bayshore mall

May 7, 2019 3:06 pm Leave a comment

Part of the Bayshore Town Center in the city of Glendale, just north of Milwaukee. Glendale officials held a public hearing Tuesday on a plan to overhaul the shopping mall by providing $37 million in city financing. The plan calls for eliminating 37 percent of the existing retail space at the mall, including a former Boston Store. In its place would be built various restaurants, entertainment venues and apartment buildings. (Photo provided by Cypress Equities)

The city of Glendale would kick in $36.7 million for an overhaul of the struggling Bayshore Town Center in a deal that could clear the city of debt it took on a decade ago to develop the property.

Tagged with: Bayshore Town Center Glendale

What’s wrong with Milwaukee’s Shops of Grand Avenue mall? (UPDATE)

October 12, 2010 2:20 pm Leave a comment

By Marie Rohde A suburban knockoff of an urban downtown has become one of the hottest spots in the Milwaukee retail market, while the real thing flounders. In two weeks, all or part interest in the ownership group for the ...

Tagged with: Bayshore Town Center mall Marcoux Maslowski Shops of Grand Avenue tax-incremental financing district Wisconsin Center District

Developers, residents debate Milwaukee’s east side growth plan

September 3, 2010 2:34 pm Leave a comment

By Marie Rohde Area developers and residents are debating whether a development plan for a neighborhood on Milwaukee’s east side will be a help or a hindrance. For more than a year, members of the neighborhood’s Business Improvement District have ...

Tagged with: Bayshore Town Center Business Improvement District Cambridge Commons Mandel Group Nik Kovac Third Ward

Troubled TIF districts threaten municipalities (UPDATE)

August 27, 2010 11:44 am Leave a comment

By Marie Rohde Property taxes in the tiny central Wisconsin village of Warrens soared by 40 percent last year and things don’t look much better for this year. Warrens is a victim of a development district that’s in distress and ...

Tagged with: Bayshore Town Center Glendale Maslowski tax-incremental financing TIF Wisconsin Department of Revenue

Finding the perfect mix

May 29, 2009 1:02 pm Leave a comment

Brendan O’Brien Special to The Daily Reporter Financing and design have traditionally stood in the way of developers seeking projects that strike the perfect blend of residential and retail. But as the concept of a mixed-use development becomes a standard ...