Southland Mobile Accessories. "Mr. Belk's commitment to the property, the extensive renovations completed in 2005 restoring Southland Mall to its prominent position as the flagship of retail businesses in Whitehaven and unique business strategies have placed Southland Mall on the road to continued success.". google_cpa_choice = "CAEQjMGkgwIQ0MCkgwIQlMCkgwIQ2L-kgwIQnL-kgwIQ4L6kgwIQpL6kgwIQ6L2kgwIQrL2kgwIQ8LykgwIQtLykgwIQ7Pa39gEQsPa39gEQ9PW39gEaCPGka20_VnAHKJDD4IEBKJDD4IEBKJDD4IEBKJDD4IEBKJDD4IEBKJDD4IEBKJDD4IEBKJDD4IEBKJDD4IEBKJDD4IEBKJDD4IEBKJDD4IEBKJDD4IEBKJDD4IEB"; 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 new, fully enclosed mall included a Woolworth and JCPenney. 10 Regional Powerhouses to Watch: Top Retail Brands Dominating Local Markets. After buying the property in 2015, the city prepared it for purchase by making repairs, removing asbestos, and . Ive been to Washington DC & stayed in a air b&b in a location with mixed stores & apartments & condos/ townhouses. We want to take 15 seconds to tell you what's going on: Sound good? We anticipated this back in 2006 and that type of development would not require any zoning change. The 976,889-square-foot Southland Mall was seized by a commercial mortgage-backed securities (CMBS) trust in February 2021 over a $68.7 million foreclosure judgment. What a bunch of satanic Liars and hypocrites. 220,115 square feet (20,449.4 m 2) No. 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. Are you saying that Minneapolis real estate is affordable because people have been leaving the city for decades? It is managed and owned by Namdar Realty Group. With three groups, ranging from little ones to teenagers, they entertained the crowd with their routine. Generating an unprecedented response from a broad range of local, national, and international buyers. Unlock in-depth property data and market insights by signing up to 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. Pyramid Promises 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. *May exclude premium content However, if its extending from the Miami Airport Station south West 37th Avenue to Douglas Road Station with more stations in between, there will be more reason to use it. The Taubman Company was the primary developer (the developer of Chicago's Evergreen Plaza was also a partner) and John Graham (architect of Seattle's Space Needle) the primary architect.[3][4]. Use the form below to reset your password. The privileged elite in the Northeast corridor of the county may say it, however. Southland Mall | Houma LA ", First published on May 3, 2022 / 11:15 PM. This property is off-market. Rixter did not want to comment on the new buyer, and Cayre was not immediately available for comment. 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. The Southlands mall, which opened in 2005, was recently sold for $ 141 million. towards a paywall. 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 . Existing zoning allows 15 floors and 720 apartments, according to the Herald. Why hasnt he made it a priority to get federal funds down here for transportation? A Miami-area mall has been seized by its lender, which won a Feb. 10 foreclosure auction with a $2,600credit bid, the South Florida Business Journalreported. A daily roundup of headlines is sent, no spam ever. The mall also features a movie theater, LA Fitness, DSW Shoe Warehouse, Victoria's Secret, Old Navy, TJ Maxx, Buffalo Wild Wings, and Ulta. 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. This is a preview. "Cutler Bay is the geographic center of the county yet there's very little opportunity here for jobs, very little opportunity here for entertainment, and this could be the spark that changes everything," added Meerbott. It could work at Southland mall. The SFBJ said that the new project would have thousands of units, however. 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 Cayre Group produces children's, juniors' and ladies' apparel, according to its Web site. We have been in contact with many groups looking to redevelop the mall, Mayor Meerbott said. Read more about this topic: Southland Mall (Hayward, California), The visual is sorely undervalued in modern scholarship. More Details. The PR company representing the developers sent CBS4 the following statement: "The mall will be dramatically renovated and upgraded. 35 on the National Multifamily Housing Council list of the top apartment owners in the country with approximately 34,000 apartment units in its portfolio. 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. 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. The name Southland, the mall is located in Southern Alameda County. In 2015, Sears Holdings spun off 235 of its properties, including the Sears at Southland Mall, into Seritage Growth Properties.[12]. Nah, market rate is what we need. Harbor Group International was the buyer. [6][7][8] The Luria's building later became Garden Ridge Pottery, while Dillard's took the former Mervyns which closed in 1997. Did everyone not reas the the article? The event included the recognition of Macy's (formerly Goldsmith's), Sears and Piccadilly cafeteria for being 40-year tenants, Rixter said. Southland Mall - 20507 South Dixie Hwy totals 146,658 square feet. [5] The owner, Simon DeBartolo (now Simon Property Group) declared bankruptcy in the late 1990s and ownership was transferred to Lender Ocwen Federal Bank. A limited liability company named Southland Mall Shopping Center LLC last month bought the property from Memphis Joint Venture, financing the purchase with a $17 million loan through Wachovia Bank. There are no extensions planned, and no funds for expansion. The population in the state of Minnesota is about five 5.8 million people. In 1950, Minneapolis was the 17th largest city in the US; now its fallen to the 46th largest city in the US. Akin to Los Angeles, Miami *used* to have a light rail network that was ripped out in favor of automotive transportbig mistake. I did too. It was announced on Mar. Sign In Now. 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. Hiw about just staying out of South Dade. Lucky's closed its doors on August 2, 2008. They are adding it to the joint On Aug. 23, an appreciation ceremony was held to recognize the accomplishments and successes of the mall throughout the years. So there is no ridership.but WE NEED a $100 gazillion metrorail expansion. Nobody is saying it should be free. People have been leaving Minneapolis in droves since two weeks from today, two years ago. MD County recently was awarded $1.2 billion in federal transit money, and none of it is earmarked for Metrorail or Metromover expansionits for repairs and maintenance to existing systems. It seems likely at this point, based on announced intentions, that most existing stores and restaurants will remain, with new features being added to surrounding areas of the mall property. Southland Mall features JCPenney and Macy's as its anchor stores. If residents along that corridor will ride the upcoming BRT system in sufficient numbers, they can make a case for extending Metrorail. 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. Canes and other Cutler Bay residents who feel the same will soon get their wish of a facelift. Fitness, Regal Cinemas, Old Navy . Connect To Your Customers & Grow Your Business. Unless youre aware of some magic funding source that no leaders know of. Investcorp reportedly bought the mall for$145M in 2007. The mall had been owned by a subsidiary of Investcorp, a global firm with headquarters in Bahrain and $35B in assets under. We have had some interest in other uses which include a hospital. 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. Stamp It! He weighed 261 pounds, according to newspaper advertisement he placed in a special supplement about the grand opening of Southland Shopping Center in 1965. Even in 2018 dollars, that would be approx $1.74 billion to extend Metrorail from Dadeland South to Southland Mall, figure over $2 billion today and far more in a few more years. Southland Mall is a regional shopping mall in the Whitehaven neighborhood of South Memphis, Tennessee. There is a shortage of housing units in Miami-Dade at all tiers. Try legalizing Recreational Cannabiz and tax it. google_ad_height = 125; Southland Mall Holiday Hours. The corridor will provide a 20-mile mobility connection between Miamis central business district and the Countys southern-most communities. Steps New York (305) 235-6662. Centennial scooped up the mall at 1675 West 49th Street by assuming. Our zoning is very favorable to development which can include high density mixed use type of development. It did not include anchors Sears or Macy's, but did include IHOP and First Tennessee Bank on outparcels, said Michael Rixter, general manager of the mall. Wd dont want anh more peopke and traffic. The celebration week kicked off with the signing of a Southland Mall collage by shoppers and tenants expressing their congratulations. Southland Mall Management Office (305) 235-8880 ext. Copyright 2023 ALM Global, LLC. 1947), All history and art are against us, but we still expect happiness in love.Mason Cooley (b. You must have JavaScript enabled to use this form. Spencer's (305) 234-5471. 2023 Top Security Trends: User Experience and Convenience Are Driving More Effective Security for CRE. Shopping mall in Cutler Bay, Florida, U.S. Cutler Bay (formerly Cutler Ridge), Florida, "Fitch: Southland Mall in 'imminent default' - South Florida Business Journal", "University of Miami Libraries Collections", "The Miami News - Google News Archive Search", "Cutler Ridge Mall To Be Rebuilt By Debartolo - Free Online Library", "Post-Hurricane Andrew, Retail Returns to S. Miami by Bob Andelman", "LURIA'S PLANS 40,000-SQUARE-FOOT SUPERSTORE AT REBUILT CUTLER RIDGE MALL - Free Online Library", "Former Cutler Ridge Mall making a new entrance - South Florida Business Journal", "Regal plans 16-screen theater in south Miami-Dade", "Investcorp buys Southland - South Florida Business Journal", "Sears and Kmart store closings: 51 Sears, 45 Kmart locations to shutter. Mobile access control is not a fad. Download this report and discover how CRE organizations are driving process efficiencies, sustainability and security for spaces, buildings and lives. And better is what town officials say they are working towards. Southland closed in 1985 and underwent an extensive remodel that left it unrecognizable, reopening as an indoor mall with a new name: Promenade. Cutler Bay, FL 33189, Phone:(305) 234-4262 Copyright 2023 Bisnow. "I love to assist children in need," Terry said. The mall was largely destroyedby Hurricane Andrew in 1992 and rebuilt the following year. Electra America and BH Group paid just over $100 million for the property. 6796 SW 62nd AvenueSouth Miami, Florida 33143(305)669-7030, Miami Community Newspaper Sponsored Content, Latin Builders Association Community News. 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. The sale included more than 220,000 square feet of the mall, which is on the south side of East Shelby Drive east of Elvis Presley Boulevard. google_ad_format = "125x125_as"; Ground Level, near Dick's Sporting Goods. You may login with either your assigned username or your e-mail address. It will be better. 1927), There is a history in all mens lives,Figuring the natures of the times deceased,The which observed, a man may prophesy,With a near aim, of the main chance of thingsAs yet not come to life.William Shakespeare (15641616). It's already hard to afford.". More Details. ABOUT US: The center is located off Interstate 880 at Winton Avenue, at the western end of the city. CommercialEdge. This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector. Floodplain Mitigation Plan Advisory Committee, Invasive Exotic Plant Species in Cutler Bay. When the main building of Southland Mall was built, the Palma Ceia name was dropped. Electra America and BH Group paid just over $100 million for the property. Minneapolis has been gaining population for the past 15 years. 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. "We walk for our health, we are a family who looks out for each other.". The mall is anchored by JCPenney,[1] and Macy's (formerly Liberty House). Additional businesses on the mall property include Ross Dress for Less, SunTrust, Olive Garden, Applebee's, Regions Bank, Churromania, and Baby Elegant. We need you to know that security is our top priority and that we hold any information we have about you under lock and key. Originally developed in 1959, it has about 100 tenants. Leila Batista agreed, saying, "It concerns me about the property value in the area because it's already going up. 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. Sears is closing stores nationwide. 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. Your article was successfully shared with the contacts you provided. Nine bays of the 76 in the mall and on the outparcels are vacant, he said. Existing zoning allows 15 floors and 720 apartments, according to the Herald. 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. of floors. The Memphis Business Journal is reporting that a New York-based private investment partnership, Southland Mall Shopping Center LLC, has bought the Southland Mall for $20 million. 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 ). Find property contacts with verified and updated contact information on Florida cant look to Minnesota for solutions, theyre too small. It's a community in itself.". "Southland Mall's 40th anniversary was truly an occasion to remember, bringing the community together to celebrate its history and its continued success," Rixter 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. The Whitehaven mainstay was bought in a March 31 substitute trustee . 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. This is why so many people are being bled out of Miami because the quality of life there sucks now. AC. We will email you a link to reset your password. The mall opened as Southland Mall in 1978 and was Marion County's premiere shopping and entertainment destination until the new businesses began stealing shoppers' attention, Schertzer said. Home | Southland Mall 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. Good more density near future metrorail stations hopfully. Looking for more in-depth information on this property? Now public records are giving a little more information about the buyer. The mall had been owned by a subsidiary of Investcorp, a global firm with headquarters in Bahrain and $35B in assets under management. 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. Electra America is a real estate private equity firm focused on value-add and opportunistic investments in the U.S. Sunbelt markets. According to town officials, the mall, which was in bankruptcy, was recently sold for more than $100 million and the new owners have agreed to work with the town to transform the more than 80-acre property. In 2004, Walgreens moved out of Southland. More commuters on our already over crowed roadways, and more traffic clogging construction work that dont result in any improvements when the orange cones are finally, if ever, removed. The city of Southfield has sold the historic Northland Center. 106. On July 7, 2017, it was announced that Kmart would be closing on October 1 as part of a plan to close 43 Kmart and Sears stores nationwide. google_ad_client = "pub-3056635427836124"; The site incorporated a freestanding Sears location and a few other stores operating as the Palma Ceia Center (Palma Ceia being Portuguese for "Palm Supper", a reflection of the ethnic Portuguese heritage of Oakland and its newly developing suburbs) and a $20 million expansion program was announced in the fall of 1963, in which the facility would become an enclosed mall. Southland Mall was dedicated in 1964, added to the previously existing Sears. It acquired the license for Mudd apparel in 2000 and Buster Brown in 2003. When Cutler Ridge Mall reopened the following year, none of the original Cutler Ridge Shopping Center (except Sears) remained standing. Built in 1966, the property includes the 291,000-square-foot middle portion of the mall but not the part home to Sears or. strong funeral home moultrie, ga,