Suburban Mall To Become Mixed-use Development
The struggling Mission Center Mall has been sold to a New York based developer with plans to overhaul it into a dense mixed-use development.
The Mission Center Mall, which last year was the center of controversy after Wal-Mart attempted to purchase it for development of a Supercenter, has again made the news. The City's vision for the area appears to be coming a little closer to reality, after a New York developer now indicates that instead of a typical suburban big-box store, the site will become the location for a pedestrian friendly combination of retail shops, residential space, and multiple amenities. "I think the area has strong demographics and there are retail components that are missing from that part of the market, what I would call the midsized boxes," Tom Valenti, a partner with Cameron Group said. "What we're trying to do is make it like a town center, a place where people will live and shop and dine and be entertained at, as well as a destination for the surrounding areas."
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