Shopping Centers Today

DEC 2018

Shopping Centers Today is the news magazine of the International Council of Shopping Centers (ICSC)

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78 S C T / D E C E M B E R 2 0 1 8 S I T E S & C I T I E S O A surgery and cancer- treatment center will move into the former Bergner's depart- ment store at Cullinan Properties' Quincy Mall. Adding Quincy Medical Group at•Quincy Mall•makes for a more viable and attractive destination at a time when the retail climate is ever-evolving, says Kathleen Brill,•Cullinan Properties›•director of leasing.•"Cullinan Properties has been laser-focused on filling the former Bergner's space since the retailer's closure in August, and Quincy Medical Group is the perfect occupant for the space," she said. "Aside from increasing accessibility to high-quality, cost-effective health care, the center will bring hundreds of clients to Quincy Mall each day, driving more traffic and potential shoppers and diners to the mall." Quincy Medical Group•is a physician-owned, multispecialty clinic comprising about•160 physicians and advanced-practice providers in 30 specialties.• Current anchors at the mall include Slumberland and AMC Theaters. "Quincy Medical Group and Culli- nan Properties have worked together to find a creative and environmentally friendly solution to adaptively reuse the old Bergner's building," said•Quin- cy Mayor Kyle Moore.•"This project will help support the businesses at the mall.•Moore went on to say that the medical facility's presence•"will help generate sales tax dollars from outside the city." O Holualoa Cos. and•Plaza Cos. purchased 21 acres for the second phase of the Park Central Mall•redevelopment, which is to include residential units and a•university building. The firms are converting this, the•city's first official•large-scale shopping mall, into•a•mixed-use complex. Completion of the initial 337,000 square feet of office and•retail space•is set for this coming January. QUINCY, ILL. SAN LUIS OBISPO, CALIF. DES MOINES, IOWA LEESBURG, FLA. OLATHE, KAN. L Lake Square Mall received a $500,000 grant from the city to upgrade its facade. The mall owners will also build a new main entrance with covered drive- up and drop-off lanes, reconfig- ure the parking lot and improve the landscaping. The work is set for completion sometime next year. One of the new tenants will be Winterland, a family attraction that features a professional ice- skating rink surrounded by a winter village with live entertainment and chalets housing specialty eater- ies and shops. W oodbury Corp. announced a $300 million plan to redevelop the Great Mall of the Great Plains site, as a mixed-use project called Mentum, comprising retail, restaurants, entertainment and offices, plus two hotels and 300 apartments. Other entertainment-based anchors under consider- ation include an interactive golf center and a multiscreen cinema. Woodbury's private-equity arm has been active with several Kansas City–area projects in the past, including apartment and commercial properties, and the entity is also a partner in the development of The District, at the Lenexa (Kan.) City Center. "We enjoyed building relationships with our Kansas City partners over the years, and we're excited about this new opportunity to continue in the area," said Josh Woodbury, vice president of acquisitions, in a prepared statement. "We feel that, when completed, Mentum will be a great amenity, not only for the local community of Olathe, but for the whole state of Kansas as well." O Merle Hay Mall secured a $2.5 million loan from the Polk County Board of Supervisors to buy back its former Sears and Younkers stores from those retailers, out of bankruptcy court. The plans are to divide the two-level Younkers into two•stores and to tear down the Sears.

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