Major 56-Year-Old U.S. Shopping Mall Sets For Large-Scale Redevelopment as Businesses Plan to Exit - News Summed Up

Major 56-Year-Old U.S. Shopping Mall Sets For Large-Scale Redevelopment as Businesses Plan to Exit


Eastfield Mall Fountain; Springfield, Massachusetts Photo by MountainDevelopment.comAuthor’s NoteThis article is based on corporate postings and accredited media reports. Tenant businesses are exiting this particular major U.S. shopping mall as plans are reportedly imminent for a large-scale redevelopment. Shopping Malls, 2023Wikipedia features a comprehensive and well-attributed overview of the entity in question, Massachusetts’ Eastfield Mall: The Eastfield Mall is a shopping mall in Springfield, Massachusetts, which is owned by Mountain Development Corporation, and was built in late 1967 by the Rouse Company. Eastfield Mall opened in 1967 with three anchors, two of which were local department stores: Forbes & Wallace and Steiger's. According to a recent report from MassLive.com, entitled “Eastfield Mall Owners Say New Redevelopment Plan Imminent as Businesses Make Plans, Move,” the titular redevelopment plan of the once-venerable location has been long-awaited.


Source: The Guardian February 22, 2023 02:02 UTC



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