Southridge Update: Waiting on an Anchor

The next step in the redevelopment of Southridge Mall is for the Simon Property Group to secure a new tenant for the old Younkers/Gimble’s space, according to a report in the GreendaleNow. An announcement on a new anchor was expected by December 21 and a lease for the new anchor store — widely speculated to be a Macy’s — has not been finalized.

Among the highlights:

  • The agreement with the owner of the mall guarantees that the value of Southridge will jump up $52.5 million from its current value by 2012.
  • Plans for the interior renovations of the mall are under wraps.
  • Work on the mall is expected to begin in early 2011.
  • The project is expected to bring 100 jobs to the area

Read the full story at GreendaleNow.

Author: Bill Attewell

Bill Attewell is the editor and publisher of Everything Greendale. He has over 20 years experience as an award-winning newspaper editor, writer and publisher. His work has been read in in over 50 publications across the U.S. and abroad. Bill is a long-time resident of Greendale and a Greendale High School alum. Go Panthers!

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