Crossroads Mall Redevelopment DCI Group is responsible for the redevelopment of the 30 acre site in Fort Dodge, IA which houses Crossroads Mall. The redevelopment is expected to create 3,200 full- and part-time jobs. Then in 2018, Namdar Realty Group, Mason Asset Management and CHC Capital, all of Great Neck, New York, purchased the mall. JLL Arranges $23M Loan for Crossroads Plaza Shopping Center This project required shoring, weather protection and reconstruction, as well as extensive structural separation and demolition. Iowa Demo | 1 Priority | SNYDER | SIMPSON | POTOMAC | AET. Bemrich said he. As of 2018, the US had 23.5 square feet of retail per person. Additionally in the plan is a five-story hotel. Another key piece still in the works is the projects redevelopment agreement. Crossroads Mall teardown begins as former Sears Auto Center demolished That deal is expected to close by March 15. Projects like the Crossroads, that expand the citys tax base, are how the city can continue to grow and drive down property taxes, she said. Installing new electrical and gas infrastructure in coordination with Mid-American Energy is also part of the project. The redevelopment team, in conjunction with the city and transportation advocates, has kept different modes of transit in mind as theyve designed the Crossroads overhaul. Federal Reserve faults Silicon Valley Bank execs, itself in bank failure. Here is a timeline of the Crossroads Mall redevelopment: 1960: Crossroads is built. A Sears store and its connected auto repair shop sat there for about 50 years. "I think what we actually need to be looking at is affordable housing for individuals and not more restaurants. His focus has been on collaboration with clients, service providers, and McClure team members. JC Penney was removed as well as the Younkers in 2021. The first businesses and tenants could be occupying buildings by late 2024 or early 2025, Beller said. Hawthorne Plaza Shopping Center - Wikipedia Omaha Mayor Jean Stothert hosted a news conference Wednesday afternoon to provide an announcement about the redevelopment at Crossroads Mall. Anchor . (Omaha.com) New shops, offices, restaurants, apartments and entertainment venues could come to life at the former Crossroads Mall as early as late 2024.
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