They oughta let North Pole City lease the Penneys space.
They oughta let North Pole City lease the Penneys space.
I think the space would be too huge.
I don't see much of anything moving to Crossroads other than temporary sales or trade shows.
North Pole City will most likely move into a vacated big box store or they could build a free standing store off of I-40, Memorial or I-240.
This is a very short article and is about 4 weeks old. The one interesting fact I think was to report that Crossroads Mall's occupancy rate is right at 60%.
Midwest Mall Properties' Crossroads Mall Falls into Receivership - CoStar Group
> occupancy rate is right at 60%.
Makes me wonder if the former anchor space owned by others may be excluded from the calculation. Hard for me to wrap my head around the notion that the big anchors only comprise 40%, or, less of the mall space.
10% each of the anchor stores, I think.
1 to 3% each of the stores inside the main mall, I think.
Edit to add:
Well Kevin, there are empty spaces in the store, so 60% sounds bout right.
Why write off the Mall and just develop that area? After all these years there still are no homes around the mall. Just go across the freeway (I-240) and you have a whole square mile of empty land behind the Budweiser plant. Is there any reason why that land sits dormant and undeveloped for all these years? I would think that would be some of the most valuable land in South Oklahoma City. It seems like this city has a lot of undeveloped land in the core that could be very valuable. You have Eastern to Bryant from I-240 all the way up to SE 29th Street that has very little in there with the exception of the land fill at 74th and Metro Tech. Then you have the wasted land to the South of Trosper Park with acres and acres of land with nothing on it. I see this area with tons of potential if people would change their view of it. If they can wipe out miles of land in the name of Core to Shore, anyone could see what a waste of land this several mile stretch is. It is no wonder that Crossroads never became anything near its potential when whoever zoned this side of town just left it to go dormant. It seems like whoever is in charge is content to let the N.W. side of the city grow to Denver while ignoring the core of the city. Sorry to whine but I have lived on this side of town for many years and it is very clear how this side of town has become the step child of the metro while the N.W. side is so disproportionate to the rest of the city. It seems like with the exception of Moore and the development on Sooner Road, the entire South East side has been neglected. How about filling in the holes? I may be completely off base but that is how it appears over here.
Aren't they saving some of that land south of 240 for Mount Trash, the sequel?
Actually, the mall owns the old jc penney space and the steve and barry's space. the mall aquired the steve and barry's space after wards went defunct.
And a lot of malls now own the anchor spaces. Simon owns all of the anchor spots at penn square.
-----------------------------------------------------------------------------
Check out what you are talking about. No a whole lot of people would build a new Home on the Railroad track or around a Railroad Switch Station. Go out there late some night and you'll understand....Why not figure out a way to open parts of the Crossroads Mall into something such Dallas has in the Apparel Mart? OKC has NOTHING to be ashamed of or afraid of. They are right on I-35...Not far from the Crossroads of AMERICA. (I-35/I-40)...
i think it would be great if something like incredible pizza type place took over one of the anchor stores.
well let me make it a bit better for you, indoor go-carts, a mini bowling alley, lazer tag arena, indoor mini golf, virtual reality rides,a movie theater that shows kids movies, some indoor carnival rides,, etc, something ona grand scale
I wouldn't say it's that bad, it's better than CiCi's, and they also have much more options including pasta and potato bars.
If they could do that and beef up security, all the families would start trickling back towards crossroads IMO.
exactly, an maybe if toysrus moves into crossroads mall, it will bring back the families for sure.. my niece use to work for the toysrus by crossroads not the past christmas but the one before, she said the building is in bad shape and the plumbing is pretty much shot, so maybe if they get a good deal crossraods can lease one of the levels of the old department stores to them. I think it would be neat to see a toysrus in a mall
I think Toys R' Us would more than likely move to Moore, MWC or I-240 and Penn before they would move to the mall.
I anticipate a move by them and Best Buy before the end of the year.
i know ones going into moore, but i believe its going to be small, it seems they are making stores smaller these days take the bestbuy in moore for example, and look at the newer petsmarts, i miss the old petsmart when it was in the shopping center on 240 behind weokie credit union, that petsmart was huge compared to what they are now, either way south okc needs a toy store i think toysrus will be rebuild somewhere on 240 as well as have one in moore. South okc metro area is still growing pretty fast so i think we can have 2 or 3 (including the one in norman)toysrus's in the south metro
There are currently 39 users browsing this thread. (0 members and 39 guests)
Bookmarks