On June 27, 2017, Rouse Properties (now part of Brookfield Properties) purchased the mall for $45 million and announced the redevelopment of the mall into a modern open-air shopping center and change the mall's name to The Collection at Independence. A property appraisal done in December 2015 valued the mall at only $61 million. As of July 2016, a foreclosure auction date had been set for later that month, however the date has continuously been moved in efforts to continue discussions with the loan borrower, Centro Independence LLC. In October 2014, a $110 million loan on Independence Mall went into default after payments were overdue for more than a month. In 2012, It was announced that the carousel in the center court would be removed after eight years of operation. On May 9, 2006, Westfield sold the mall to Centro Properties Group which its joint venture subsidiary Centro Watt (now Brixmor Property Group) managed the property, and then the name of the mall returned to Independence Mall. In 2000, Independence Mall Cinemas, a three-screen theater complex operated by Carmike Cinemas, which opened in 1979, was demolished to make way for the new Dillard's wing, which the new store opened on March 16, 2001, while the new wing opened on March 21, 2001. In 2005, the Shoppingtown name was dropped, however the signs still have the Shoppingtown name in it. The name of the mall was changed to Westfield Shoppingtown Independence in 1998. In 1997, the mall was sold to Westfield America, Inc., a precursor to Westfield Group, Westfield's management would oversee a major expansion, which would add a fourth arm to the mall, anchored by a new Dillard's store and including a 400-seat food court. A notable feature of the mall was the mosaic murals depicting Wilmington landmarks and landscapes, designed by artist and retired savings-and-loan executive Samuel D. It opened in 1979 with anchor stores Belk-Beery (now Belk), JCPenney, and Sears. Independence Mall was developed by a partnership between Philadelphia-based Strouse, Greenberg & Co. The mall has a food court and no longer features a carousel. 76) and Independence Blvd east of downtown Wilmington. The mall is located on Oleander Drive ( U.S. A later expansion added a new wing and Dillard's store to the center after Westfield Group purchased the mall.
Independence Mall (formerly Westfield Shoppingtown Independence or Westfield Independence) is the only enclosed shopping mall in Wilmington, North Carolina.
0 kommentar(er)
