The site is ready for change and this project will check so many boxes on our communitys wish listthousands of jobs, more restaurants, entertainment, and a fresh look, to name a few. At zip code level, there are 11 commercial properties, of which 9 are retail buildings over 50,000 square feet. Not at the federal level (most important) and surely not at the county level. It will be better. Find property characteristics, ownership, tenant details, local market insights and more. 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. Southland closed in 1985 and underwent an extensive remodel that left it unrecognizable, reopening as an indoor mall with a new name: Promenade. 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. Literally all thats missing is rail and itd be a modern metrorail stop. 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. 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 . Yeah. Southland Mall, which opened its doors to the community in 1966 as the first enclosed mall in Memphis, celebrated its 40th anniversary last month. (786) 393-7192. We will email you a link to reset your password. Good more density near future metrorail stations hopfully. The former Richard's/Burdines building was torn down for J. Luria and Sons, a local catalog showroom chain, which opened at the mall in 1994. Why hasnt he made it a priority to get federal funds down here for transportation? Ensuring that this project aligns with our communitys vision and has a proper mix of use is extremely important to the Town Council and me. Its literally a piece of my childhood. [9] Also, the Dillard's store closed and was torn down in 2004 for Regal Cinemas in 2005, and this was also likewise done at Pompano Citi Centre where the Dillard's was also demolished. A 60-foot battery electric articulated bus with electric traction motors with 150% better performance and no vibration. Downtown Memphis Blog The development team acquired the mall and adjacent parcels totaling 80 acres in May of this year. American Landmark is committed to delivering great service and outstanding living environments to residents and delivering consistent, attractive risk-adjusted returns to investors and partners. Call 305.669.7030 or view our Media Kit. 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. All Rights Reserved. An entity representing a U.S.-Barclays commercial mortgage-backed securities. "We have worked hard over the last two years and plan to continue to work hard to ensure Southland Mall has 40 more great years," Belk said. 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. Taxpayers half cent sales tax increase paid for the 2.4 mile airport Metrorail expansion, plus maintenance and repairs to existing Metrorail. Fun Minneapolis facts: (which had been the ice rink). ABOUT US: Access researched data with nationwide coverage on Campbell . Have not seen this latest version of the BRT, but can not help but wonder how different it will be from the original one ,which came on line in 1997 , that is about 25 years ago , give or take. 1. thats the biggest problem. The landmark property, co-owned by Investcorp and Gumberg Asset Management Corp., had been having financial difficulties for years. Southland Mall features JCPenney and Macy's as its anchor stores. The corridor will provide a 20-mile mobility connection between Miamis central business district and the Countys southern-most communities. CommercialEdge: The market value* for Southland Mall - 20507 South Dixie Hwy in 2022 was $5,283,774. Source: The Daily News Online & Chandler Reports, http://www.memphisdailynews.com/Editorial/StoryDaily.aspx?story=digest&date=2/16/2007, Try legalizing Recreational Cannabiz and tax it. "It's great that Southland Mall supports the community providing a safe place to walk," said Gwen Nelson, an eight-year Southland Mall walker. The new owners will also remodel the existing mall. Apparently many commentators here are unaware of Miamis current public transportation crisis that is set to become a complete catastrophe in the near future. Southland Center is the only regional mall in the Detroit suburbs south of I-94, near the I-75,. That mall subsequentlysold for $11.3Min 2018. Upcoming regulations in the European Union require us to show this pop-up and ask you to agree to keep using Bisnow.com. 2023 Top Security Trends: User Experience and Convenience Are Driving More Effective Security for CRE. Metromover doesnt cut it. The event included the recognition of Macy's (formerly Goldsmith's), Sears and Piccadilly cafeteria for being 40-year tenants, Rixter said. Cutler Bay town manager Rafael Casals said much can be done to keep the main areas of the mall intact, perhaps making the food court an open air space, and adding some new elements to part of the property to help revitalize the area and businesses. [6][7][8] The Luria's building later became Garden Ridge Pottery, while Dillard's took the former Mervyns which closed in 1997. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing. BH has extensive experience in taking a project from acquisition through opening; specifically overseeing all phases of development and asset management. Noooo leave the Cutler Ridge Mall alone. 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.. JC Penney at Southland Mall in Cutler Bay, Florida, south of Miami. Southland Mall - 20507 South Dixie Hwy was last sold on 16 May, 2022. The platforms are state of the art and are set up exactly the level of Metrorails. There are thoughtful professional DOT blueprints, proposals and discussions easily available on the web for those interested in this critical topic. Mall walker Veronica Terry donated to HOPE Foundation, founded by Mother Wit, to help children infected with HIV. At zip code level, there are 11 commercial properties, of which 9 Get browser notifications for breaking news, live events, and exclusive reporting. In 2006, Old Navy closed. 2023 Miami's Community Newspapers a Miller Publishing Company. The mall was nearly destroyed by Hurricane Andrew in 1992. Southland Mall features JCPenney and Macy's as its anchor stores. Look at Minneapolis. 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. Were delighted to work with the Town of Cutler Bay and its residents to breathe new life into a property that has been underutilized for decades, and in so doing, create thousands of new jobs, as well as help alleviate the housing crunch facing many Miami-Dade residents today, said Ron Gaither, Chief Development Officer of Electra America. Off board fare collection. Allow me Pleasenote that Town Hall is a drug, alcohol and tobacco-free workplace. But he adds those housing units will be different from other developments. of floors. Subscribe to our free newsletter. It opened in 1978[3] as an extension of the Cutler Ridge Shopping Center, which itself was opened in 1960 (shortly after its "grand reopening", Cutler Ridge Mall moniker was subsequently applied to the entire shopping center complex). With three groups, ranging from little ones to teenagers, they entertained the crowd with their routine. https://streets.mn/2022/05/06/minneapolis-rents-drop/. We would go to that mall a lot in my childhood years. This property is off-market. In January 2007, Mimi's Cafe opened. On July 10, 2020, it was announced that Sears would be closing as part of a plan to close 28 stores nationwide. In addition to its core competencies, the BH team brings a vitality and spirit to the business that is most often found in driven entrepreneurs who come from challenging business environments abroad. Southland Mall at 1215 E. Shelby Drive has sold for $20 million to a New York-based investor. And better is what town officials say they are working towards. Southland Mall Management Office (305) 235-8880 ext. Southplace City Center will provide a wide range of market-rate housing options, and its location close to major thoroughfares and mass transit, yet away from residential communities, minimizes traffic and facilitates the use of public transportation two key priorities for this community. google_ad_width = 125; You must have JavaScript enabled to use this form. They are construction BRT which is comparable to the metro rail. It was built in 1966, becoming the first enclosed mall in the Mid-South. In 1978, it was expanded into a full mall anchored by JCPenney, Jordan Marsh and Lord & Taylor, the last of which opened in 1982. Download this report and discover how CRE organizations are driving process efficiencies, sustainability and security for spaces, buildings and lives. www.dropbox.com/sh/hfjb3syv30f23j6/AACZhJB8vv0SA4Mcbsb78d5za?dl=0&preview=Cutler+Bay+Town+Center+2019.mp4. FOX 2 Detroit. "Southland Mall has experienced a rebirth since Mr. Belk purchased the mall in 2004," said Michael Rixter, general manager of the mall. 10720 Caribbean Boulevard We will have to wait and see who buys the note before we have a more clear idea of where they want to go.. Electra America and BH Group paid just over $100 million for the property. The Broward Mall has a new owner after a lender acquired the retail property for $43 million in a foreclosure auction. A lender has taken control of Southland Mall in Cutler Bay after a foreclosure auction failed to yield any bids over $2,600. Investcorp engaged Gumberg Asset Management Corp in Fort Lauderdale to handle the day-to-day management and leasing of Southland Mall.[11]. Floodplain Mitigation Plan Advisory Committee, Invasive Exotic Plant Species in Cutler Bay. BH Group is a Miami-based real estate development firm focused on the ground-up development of luxury projects throughout South Florida. Generating an unprecedented response from a broad range of local, national, and international buyers. 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. The project design team for Southplace City Center includes economic advisors Florida Economic Advisors, retail consultants CPH, master planner/designer MSA Architects Inc., landscape planner Insite Studio and civil/traffic engineer Kimley Horn. "It's an embarrassment here, it's dilapidated," said longtime Cutler Bay resident Dahlia Canes as she walked around Southland Mall. Mobile Access Management: Finding a Home in Commercial Facilities. Subsequent additions extended the mall in the early to mid-1980s. Drunk with self-love, criticism has hugely overestimated the centrality of language to western culture. We look forward to working with Electra America and BH Group to bring this important project to life, while keeping it consistent with the character of our beautiful Cutler Bay.. google_ad_height = 125; The center is located off Interstate 880 at Winton Avenue, at the western end of the city. Southland Mall Holiday Hours. Just forget it. The auction was scheduled after the court ruling was handed down. On April 29, 2022, Southland Mall was sold to Electra America and BH Group, a Miami-based private real estate investment and development firm, for $100.35 million. The population in the state of Florida is about 22.3 million people or more. The busses will run on NatGas or electricity and the travel lanes are dedicated to the BRT and trigger crossing gates the same way the the Metro rail would trigger gates. google_ad_height = 125; CommercialEdge. In February, Ford City Mall's owner, iStar Financial, hired Jones Lang LaSalle to sell the shopping center that it acquired from Sam Zell in late 2012 through a deed-in-lieu of foreclosure. It was purposely built, featuring imagery of New York, and operated at the Rotterdam Square Mall in Rotterdam, NY from 1988 until it was sold in January 2007. Promote your business to the localized audience you want to reach with Miami's Community Newspapers. The stellar team at BH Group brings complimentary skills to the real estate market including acquisitions, construction, design, capital structuring and asset management. Southland Mall - 20507 South Dixie Hwy is located at 20507 South Dixie Hwy in the Cutler Ridge Center neighborhood, Cutler Bay, FL, 33189. Exclusive discounts on ALM and GlobeSt events. How? The mall opens at noon on Sunday and closes by 6 pm. Southland Mall | Houma LA The celebration week kicked off with the signing of a Southland Mall collage by shoppers and tenants expressing their congratulations. (305) 232-3737. The mall had been owned by a subsidiary of Investcorp, a global firm with headquarters in Bahrain and $35B in assets under management. We look forward to providing additional information about our plans shortly. "The mall has been decaying quite a bit, as you can see in the background it needs a major facelift to say the least," added Canes. CommercialEdge: Actually, you wont Shawn. Electra America and BH Group recently announced they have purchased the former Sears building on the Mall's site. 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 ). Gifts also included a trophy, an air-brushed shirt from Air Xpressions and a gift certificate from 4Ever Young. Steve & Barry's closed in late 2008. 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. Southland Mall is located at 20505 South Dixie Hwy in the Cutler Ridge Center neighborhood, Cutler Bay, FL 33189. features a total of 683,488 SF. When the main building of Southland Mall was built, the Palma Ceia name was dropped. The plan also calls for a new vehicular entrance directly off U.S. 1, featuring a welcoming entrance square with a large fountain and extensive green space, along with a pedestrian bridge connecting the community to the new bus rapid transit stop. 1,018 were here. AC. In 2004, Walgreens moved out of Southland. For more Miami community news, look no further During the few months I have been studio Artist-in-Residence, Town officials preparing for changes to Southland Mall, www.dropbox.com/sh/hfjb3syv30f23j6/AACZhJB8vv0SA4Mcbsb78d5za?dl=0&preview=Cutler+Bay+Town+Center+2019.mp4, Kendall Toyota celebrates with Miami-Dade Teacher of the Year, Despite COVID-19, Dor Chadash holds safe, festive Purim event, Grant Miller Joins Christopher Columbus High School LINK Club at Night Of the Stars, Coral Gables Swearing In Ceremony Photo Gallery, Deering Estate Artist-in-Residence Spotlight: Andres Cabrera-Garcia. In 1998, Old Navy opened next to Sears. Located at 20505 South Dixie Highway, the Southland Mall is currently 80% occupied with a mix of more than 100 tenants including JCPenney, Macy's, TJ Max, L.A.
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