Category: Mall

Could there finally be a purpose for the abandoned Century Plaza Mall?

by Jaimee Heimer on July 3, 2020 in Mall

City officials are discussing plans to turn the shuttered Century Plaza Mall property into a 200,000 square-foot shipping and logistics center.

The 750,000 square foot Century Plaza shut in 2009. The enclosed mall first opened in 1975. City officials have not said what company the shipping facility will be associated with.

The facility could provide jobs for 1,400 delivery drivers and 320 employees working on the premises. The proposed facility would have docks where large shipments of packages will arrive. Then, they’ll be sorted and delivered in the surrounding neighborhoods.

Officials say the shipping facility could be open by June

American Dream Mall Bonds are Falling Fast

by Jaimee Heimer on July 1, 2020 in Mall

American Dream mall

Things seem to be going from bad to worse for the American Dream mall in the Meadowlands.

Six months after the mall closed its recently opened doors because of the coronavirus pandemic, the bonds funding the project have decreased in value, according to NJ.com.

A year ago, the $1 billion worth of bonds on the project were trading at $120 apiece and yielding 4.25 percent, but as of April they’ve dropped to $93.72 with a 7.5 percent yield.

Owner Triple Five Group, headed by the Ghermezian family, in June missed its third consecutive $7 million payment on

Local News | HeraldNet.com

by Jaimee Heimer on July 1, 2020 in Mall

High court weighs legality of voter-approved car tab measure

Foes of Initiative 976 argue it violates the Constitution and should be tossed out.

A ferry pulls away from the dock in Mukilteo last Friday. (Olivia Vanni / The Herald)

Coronavirus outbreak

COVID hits ferry workers; Everett firefighters quarantined

Those infected did not work in passenger areas. Reduced service is likely due to crew shortages.

Coronavirus outbreak

Snohomish County could revert to Phase 1 amid spike in cases

The latest weekly tally shows the highest COVID-19 case jump since late April. Wear a mask, leaders say.

Multiple vehicles and life threatening injuries were involved in a Thursday afternoon crash on SR 526. (Everett Police Department)

Teenage boy dies after multiple vehicle crash on Highway 526

Austin Nguyen, of Marysville, died at a hospital Monday from blunt-force

Keeping shoppers safe at one of the world’s busiest malls

by Jaimee Heimer on July 1, 2020 in Mall

The mall, which holds the Guinness World Record for being the world’s biggest, was shuttered on March 25, along with all others in the United Arab Emirates, as authorities battled to contain the coronavirus outbreak. Many of its outlets went online.

But after weeks of strictly enforced lockdown and more than one million people in the UAE tested for coronavirus, according to the government, a phased, cautious reopening of Emirati malls began on April 28.

With new limits on trading hours and visitor numbers, Dubai Mall is back in business. But keeping people safe in one of the … Read More

Sears to exit Rockaway Townsquare mall in September?

by Jaimee Heimer on July 1, 2020 in Mall

A look inside Westfield Garden State Plaza, in Paramus, as the mall reopened, Monday, June 29, 2020, for the first time in more than three months.

NorthJersey.com

Morris County’s largest shopping destination is losing one of its original anchor stores.

After multiple bankruptcies, reorganizations and waves of store closures, temporary job postings by Sears have indicated another round of closures, including the retailer’s location at Rockaway Townsquare mall in Rockaway.

Sears did not immediately respond to a call for comment. Mall owners Simon Properties declined to comment about individual vendors.