"Thanks to all of those who participated. In 2015, Sears Holdings spun off 235 of its properties, including the Sears at Southland Mall, into Seritage Growth Properties.[12]. This is why so many people are being bled out of Miami because the quality of life there sucks now. Enter your email below. At zip code level, there are 11 commercial properties, of which 9 are retail buildings over 50,000 square feet. Our news is free and we intend to keep it that way. In addition, Robert Cayre signed as vice president for Southland Mall Shopping Center LLC. South from Airport to Douglas Rd and then a new line from FIU to the east along SR 41, I dont think the vendors along Calle Ocho will let that happen, The thing is, middle and upper class people dont want to take a bus but will ride trains. Level boarding. Southland Mall (Memphis, Tennessee) - Wikipedia The Cayre Group produces children's, juniors' and ladies' apparel, according to its Web site. The total project, to be completed over a seven-year time frame, is expected to create approximately 2,700 new jobs and generate $44 million in property taxes ad valorem revenue in the first five years ($6.1 million to Cutler Bay), and up to $491 million ($75.2 million to Cutler Bay) over a 20-year period. Promote your business to the localized audience you want to reach with Miami's Community Newspapers. When Cutler Ridge Mall reopened the following year, none of the original Cutler Ridge Shopping Center (except Sears) remained standing. We will email you a link to reset your password. Unless youre aware of some magic funding source that no leaders know of. The mall opens at noon on Sunday and closes by 6 pm. Get browser notifications for breaking news, live events, and exclusive reporting. Southland Mall - 20507 South Dixie Hwy totals 146,658 square feet. Downtown Miami Development Site Trades for $1.2B, EDEN, Dermot Plan Downtown Miami Luxury Apartment, ZOM Living Sells Mezzo Dallas Multifamily Development, Unlimited access to GlobeSt and other free ALM publications, Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications, 1 free article* every 30 days across the ALM subscription network, Exclusive discounts on ALM events and publications. Southland Mall - 20507 South Dixie Hwy - COMMERCIALCafe Demand For Brightline So High That It Just Earned A South Segment Profit: Never Really Intended, Aston Martin Residences Now Second Tallest In Miami, Closer To Completion, Dolce & Gabbana Planning Major Residential Project In Miami, 649-Foot Missoni Baia Appears Near Completion In Edgewater, With New Baywalk, SmartCity Buying Genting Site For $1.2B, Planning Something Spectacular, Interior Demo Permit Issued This Morning At One Bayfront Plaza Supertall Site. However, with more units being built in t he area that should help speed thigns up, thats because nobody wants to ride the crappy bus; and those super rich folks in Coral Gables dont ride the metrorail; the whole thing doesnt make sense. We want to take 15 seconds to tell you what's going on: Sound good? Southland Mall, currently the only enclosed mall that serves southern Miami-Dade and the Florida Keys, has a mix of more than 100 tenants including Macy's, JCPenney, TJ Max, L.A. Fitness,. The Southland Mall in Miami opens at 10 am Monday to Saturday and closes by 8 pm but has different opening and closing times on Sunday. The developers plan is in accordance with the Towns code and will not be seeking any special approvals. The Heal the Hood Foundation performed their Wake up Tour with a positive message in each performance. There would be a tax increase in some form to pay for it. I think its not dense enough to support metro rail and frankly would be too far for a convenient commute but its the perfect distance for commuter trains. Westland Mall in Hialeah Trades for $149M - The Real Deal South Florida Southland Mall's occupancy rate is 74 percent not including the Sears and Macy's stores, Rixter said, adding that with the anchors, the occupancy is at 90 percent. The event included the recognition of Macy's (formerly Goldsmith's), Sears and Piccadilly cafeteria for being 40-year tenants, Rixter said. Leveraging decades of expertise, Electra America is committed to transparency, the alignment of interests between sponsors and investors, and delivering superior risk-adjusted returns to its investors and partners. You must have JavaScript enabled to use this form. He said Florida not Miami. There are thoughtful professional DOT blueprints, proposals and discussions easily available on the web for those interested in this critical topic. Generating an unprecedented response from a broad range of local, national, and international buyers. 11am - 8pm. Like every other business in America, Southland Mall opens and closes on certain holidays. The comparison would not make sense, because Miamis population has been increasing since then. Bro are you that dumb? "I love to assist children in need," Terry said. Public records from the Shelby County Register's Office show the address of the LLC as that of Aurora Capital Associates in New York - the same address as that of The Cayre Group Ltd. Southland Mall (Hayward, California) - Wikipedia www .southlandmallmemphis .com. On Aug. 23, an appreciation ceremony was held to recognize the accomplishments and successes of the mall throughout the years. Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com. Transit-Oriented Development? It is managed and owned by Namdar Realty Group. 1,018 were here. There is no county money nor federal money for this. The new owners will also remodel the existing mall. CUTLER BAY (CBSMiami) - Southland Mall in Cutler Bay will soon be transformed into a multimillion-dollar mixed-use development with homes, restaurants and retails shops. 3 years agobefore The Great Inflationit was estimated by MDC the cost of each additional mile of Metrorail tracks would be $150 million, while constructing a light rail line would require $1.5 billion. They are construction BRT which is comparable to the metro rail. See the list", Miami International University of Art & Design, Adrienne Arsht Center for the Performing Arts, Phillip and Patricia Frost Museum of Science, Seminole Hard Rock Hotel & Casino Hollywood, Fort LauderdaleHollywood International Airport, https://en.wikipedia.org/w/index.php?title=Southland_Mall_(Miami)&oldid=1128442379, Shopping malls in Miami-Dade County, Florida, Short description is different from Wikidata, Infobox mapframe without OSM relation ID on Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 20 December 2022, at 04:24. The entire community will feature bike and golf cart paths, pedestrian walking trails, and trolley stops to minimize the use of cars. Jeremy Larkin, co-chairman of commercial brokerage NAI Miami, who wasn't involved in the deal, told the Miami Heraldthat the mall has redevelopment potential considering the population in Cutler Bay has grown 15% over the past decade. This is not a step The privileged elite in the Northeast corridor of the county may say it, however. Older Marion mall is sold for just over $1 million Lender Takes Control Of Miami-Area Mall With $2,600 - Bisnow Truly the mall desperately needs renovation, & proposed plan would satisfy housing for many people. Rixter did not want to comment on the new buyer, and Cayre was not immediately available for comment. Electra America JV Pays $100M For Cutler Bay's Southland Mall Delivery. The lack of interest in the once bustling mall previously owned by. Its really easy to research. Existing zoning allows 15 floors and 720 apartments, according to the Herald. Also subscribe to Bisnow's Commercial Real Estate Newsletter, Tiger Woods, Justin Timberlake Back 600-Acre Palm Beach County Project, $1.2B Deal Struck For 15-Acre Development Site On Biscayne Bay, Florida Bills Put Tens Of Thousands Of Historic Properties At Risk Of Demolition, Residential Development Plunges In South Florida As Rising Costs Hold Back Construction, Owner Of Kayak-Branded Miami Beach Hotel Faces Foreclosure, Also subscribe to Bisnow's National Newsletter, Phillip Pessar via Flickr Creative Commons. Steve & Barry's closed in late 2008. The platforms are state of the art and are set up exactly the level of Metrorails. Finally, BH Group will continue to succeed by nurturing its strong relationships in the real estate market. Southland Mall is a shopping mall in Hayward, California owned and managed by Brookfield Properties.The mall is anchored by JCPenney, and Macy's (formerly Liberty House).There is also a vacant anchors left by Sears and Dick's Sporting Goods, which prior to Dick's was Kohl's, and way before Mervyn's.The mall is primarily a single-level structure, with a small lower level beneath JCPenney, a . The name Southland, the mall is located in Southern Alameda County. Photo by Philip B. Poston/Sentinel AURORA | With thousands of cars cruising by on the E-470 toll road everyday and a steady stream of new rooftops in the neighborhood, Southlands Mall doesn't struggle to lure shoppers. As part of our marketing strategy, the town has developed a promotional video which highlights the Vision, Zoning and Federal Opportunity Zone designation., The video may be viewed at The Whitehaven mainstay was bought in a March 31 substitute trustee . Stamp It! The partners are planning a major mixed-use redevelopment of the site, including modernizing and repositioning the mall and building a residential development on the remaining land. The city of Southfield has sold the historic Northland Center. AC. Electra America and BH Group paid just over $100 million for the property. Fortunately, some of our favorite mall stores still exist including The Gap, Hickory Farms, and Bloomingdale's. But far more have been consolidated, rebranded, or just closed down (we're looking at you with sadness, Esprit de Corps ). Phar-Mor was torn down for a Kmart. He weighed 261 pounds, according to newspaper advertisement he placed in a special supplement about the grand opening of Southland Shopping Center in 1965. As the coronavirus pandemic was bearing down and tenants struggled, Investcorp decided to let the property go,The Real Deal reported last year. The peak population of Minneapolis was in 1950, when its population was 521,718. A Liberty House (later Emporium Capwell and then Macy's) was part of a major expansion completed in 1972, which included an indoor ice rink. Others have shifted their presence to focus on ecommerce. This. Home | Southland Mall Additional businesses on the mall property include Ross Dress for Less, SunTrust, Olive Garden, Applebee's, Regions Bank, Churromania, and Baby Elegant. Already have an account? Click any thumbnail image to view a slideshow, Cutler Bay Town Hall Minneapolis is currently 17.7% smaller than it was in 1950. This property is off-market. The center is located off Interstate 880 at Winton Avenue, at the western end of the city. Download this white paper and learn how to keep commercial buildings current with mobile access technology. Fun Minneapolis facts: 2 that long-troubled Southland Mall had been sold to a team of two companies private equity investor Electra America and developer BH Group for $100.35 million.. It could work at Southland mall. JC Penney at Southland Mall in Cutler Bay, Florida, south of Miami. Minnesota is cold. All Rights Reserved. Southland Mall | Houma LA - Facebook Barry Sternlicht's Starwood Capital Group sold Westland Mall in Hialeah to a Dallas-based retail real estate firm. Southland Mall Dental, P.A. The mall was nearly destroyed by Hurricane Andrew in 1992. The mall is primarily a single-level structure, with a small lower level beneath JCPenney, a movie theater, and free standing restaurants in the outlying parking areas. Not at the federal level (most important) and surely not at the county level. Sign In Now. Canes and other Cutler Bay residents who feel the same will soon get their wish of a facelift. Ground Level, near Dick's Sporting Goods. There is also a vacant anchors left by Sears and Dick's Sporting Goods, which prior to Dick's was Kohl's, and way before Mervyn's. Too bad they dug up the FEC rail that previously existed, and are doing the same for areas around Kendall that are perfect from a Tri-Rail spur from Hialeah Market Station. But, Just Do It anyhow right? The program concluded with Cheryl Jefferson's name being drawn for an island trip for two provided by Soul Classic 103.5 FM and Power 99. Southland Mall was dedicated in 1964, added to the previously existing Sears. CommercialEdge. Its literally a piece of my childhood. Lucky's closed its doors on August 2, 2008. That was Alex the great penelas, who stole all of poor people $$$. The mall also features a movie theater, LA Fitness, DSW Shoe Warehouse, Victoria's Secret, Old Navy, TJ Maxx, Buffalo Wild Wings, and Ulta. The development team acquired the mall and adjacent parcels totaling 80 acres in May of this year. The new ownership team envisions a city within a city for living, working, shopping, and playing that will feature more than 4,000 residential units, over 500,000 square feet of curated retail, and exciting dining and entertaining venues at the existing mall, with an additional 150,000 square feet of prime retail space and outparcels for food and beverage operators. Taxpayers half cent sales tax increase paid for the 2.4 mile airport Metrorail expansion, plus maintenance and repairs to existing Metrorail. People have been leaving Minneapolis in droves since two weeks from today, two years ago. In 2002, management of the mall was assigned to T/S Development of Miami, Florida, which changed the name of the mall in November 2003 to Southland Mall. In 2006, Old Navy closed. sales, mortgages, financials, title documents and more. It now has nearly 100 tenants, including anchors Macy's, JCPenney, TJ Maxx and Ross. The owner of Southland Mall, B.V. Belk Jr., opened the ceremony with a welcome and thank you to the tenants. Learn how and when to remove this template message, "Total Sears and Kmart Store Count Going Down to Just 95", San Antonio Shopping Center, Mountain View, https://en.wikipedia.org/w/index.php?title=Southland_Mall_(Hayward,_California)&oldid=1115000976, Buildings and structures in Hayward, California, Shopping malls in the San Francisco Bay Area, Shopping malls in Alameda County, California, Short description is different from Wikidata, Articles lacking in-text citations from November 2013, Infobox mapframe without OSM relation ID on Wikidata, Creative Commons Attribution-ShareAlike License 3.0, 1 with partial lower level (2 in anchors), This page was last edited on 9 October 2022, at 09:52. Campbell . An entity representing a U.S.-Barclays commercial mortgage-backed securities. Michael Overall: What went wrong with Tulsa's old Southland Shopping We need additional data to finish your registration. Access researched data with nationwide coverage on Investcorp's $65M commercial mortgage-backed securities loan, issued in 2014, went into special servicing in April 2020. The site is conveniently bordered by the Florida Turnpike on the east and U.S. 1 on the west, placing it on major commercial crossroads in suburban Miami-Dade County, directly along the new South Corridor Rapid Transit Project, expected to open in late 2024. In 1961, a strip plaza known as Palma Ceia (Portuguese for "Palm Supper") was completed, which contained a Lucky's, Thrifty Drug Store (now a Rite Aid), and other smaller stores.