The mall closed in January of this year, unable to compete with newer, nearby retail enterprises.
Owner New Plan Excel Realty of New York, one of the country's largest retail development REITS and joint venture partner Sembler Co. of St. Petersburg, FL, one of Florida's largest developers, are bringing the 74-acre property back to life.
St. Petersburg-Clearwater retail brokers intimate with the redevelopment tell GlobeSt.com the owners already have pre-leased half of the 788,000 sf to name tenants such as Costco, Lowe's Home Improvement Center, Linens N Things, Michaels Crafts and PetsMart.
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