It can tell you right now what the issue is, was and will be. They want too much money for the mall. I think there is some serious mechanical or engineering issues. It could also be the fact that anchors buildings are owned by diffrent people. Anybody with money to purchase would most likely want the mall as a whole not just part of it. Otherwise, the mall would have sold a long time and it would be in use as a shopping center or some other purpose.
The strip clubs in Valley Brook need more space. I suppose they could turn Crossroads Mall into a mega strip club. Would fit well in the area.
I saw this and it reminded me of Crossroads Mall.
http://www.pbs.org/pov/utopia/
Looks to me like another China failure story. They build and try to force something that the market doesn't need, and it sits empty. It doesn't compare to Mall of America either. MOA is an entirely indoors single structure. This mall is a "center" of multiple buildings...totally different. It's more like it's own district rather than a mall. They, like so many of China's "grand" plans, tried to create an entire district but had no need for it. "We have the cash, so let'd build it anyway no matter the cost".
Much like the residential areas nearby, just becuase you will it, doesn't mean they will come. Only way you'll see that happen is if you see the government force more of the rural residents into the area. The false migration the government has forced has exploded urban populations, but many of them don't want to be there. The mall is a perfect example.....and it would NEVER have been built in the US. Market based capitalism has it's advantages in paying attention to what will survive and what won't.
Anyone notice that the dirty water for the mall flows into the canal? So they clean it out daily. Nothing like smelling crap while you shop.
it is common sense the mall would close soon, lol.. common just look at the mall this past year. there is no doubt the place is closing, the post of future plans, just more retailers leaving, put two and two together, the place is closing soon..
i think he is talking about best buy, i read it wrong earlier, but still .. crossroads will be closing soon I dont understand how they can still be open.
Big spaces, big deals
Inman and Stuart said notable transactions over the past six months include:
• Hobby Lobby ” 60,000 square feet at Walnut Square Shopping Center, near Interstate 240 and S Pennsylvania Avenue.
• Walmart Neighborhood Market ” 53,000 square feet at Reno Avenue and Midwest Boulevard.
• Gold's Gym ” 50,000 square feet on Memorial Road near N Pennsylvania Avenue.
• Best Buy ” 32,500 square feet at 240 Penn Park, I-240 and S Pennsylvania Avenue.
• CDR Electronics ” 19,006 square feet at Southern Hills Shopping Center, I-240 and S Pennsylvania Avenue.
• Tom's Formal Wear ” 23,600 square feet at Southern Hills Shopping Center.
• Northern Tool 18,019 square feet at Southern Hills Shopping Center.
• Gold's Gym 31,000 square feet at 3625 Northwest Expressway.
• Planet Fitness ” 29,000 square feet at Lakeshore Shopping Center, NW 63 and Northwest Expressway.
• ULTA ” 20,000 square feet, University Town Center, Interstate 35 and Robinson in Norman.
• CitiTrends ” 13,000 square feet at Penn Crossing Shopping Center, NW 23 and Pennsylvania.
• Party Galaxy ” 10,000 square feet at Edmond Crossing Shopping Center, 33rd Street and Broadway in Edmond.
Read more: http://newsok.com/oklahoma-citys-dar...#ixzz1HV4U4JGE
Stores going in, but more going out then in.. i know of 2 spots are empty or will empty soon..
I talked with some of the merchants there and none of them knew of any plans to close the mall. They are still collecting rent over there from about 40 tenants. The mall is still on the market and worth way to a potential buyer if it remains open than it would be closed and completely empty.
it ws mentioned earlier, lenscrafters and th massengale eye clinic are moving to moore soon. The mall if it will get back to mall status, will have to have a major remodel, th parking lot is bad the inside is outdated, etc.. the mall pretty much is almost flea market status, they only have i belive 6 name brand stores, and the rest are mom and pop places, kinda like how the mall in midwest city was for a year or so before the closing of it
I wonder if Hot Topic left yet?
Wonder when the end of this thread is near? :-)
Good news about the Best Buy. Easier access, plus it being on the core of southside, should bring some more businesses around the area.
Now I will live 1 mile away from Best Buy. I plan to spend lots now to show my support.
If nothing is going to happen to Crossroads, especially the plans that WERE in place (supposedly), then **** it. Tear that thing down, and do something with it. Maybe those stupid business colleges will be ran out of town too. So worthless.
24 million is a big price to pay to tear down the structure that is a large part of what you just paid for, at best it will probably just be renovated to some other purpose. Now who would want it as something to start from is a problem, it would not surprise me if ends up the federal version of Shepard Mall.
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