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Southridge Update: Waiting on an Anchor

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.

About The Author

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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