Monday, November 22, 2010

'Springfield Mall at a crossroads'

The Springfield mall are struggling mall could soon be closed because of there redevelopment Or it could be destined for a multimillion-dollar Christmas gift, with new high-rise apartments, outdoor outlets said (Bill O'Leary/The Washington Post) .The Northern Virginia mall's owner, New York-based Vornado Realty Trust, has been shopping its $160 million in debt in recent weeks,Representatives from Vornado declined to comment on their plans for the mall, except to point to previous public statements about their commitment to redeveloping it.If the mall closed, it would mark the end of a storied shopping destination that helped define Springfield for decades. It would also become the latest reminder that the ubiquitous indoor mall, a byproduct of 1950s


genres news,shopping
source;http://www.washingtonpost.com/wp-dyn/content/article/2010/11/21/AR2010112103882.html

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