General Growth Properties News

A new entrance on the south-facing side of the Tucson Mall, 4500 N. Oracle Road, opened this week after a yearlong construction project.

Beginning Saturday, Nov. 14, adoptable dogs from the Clackamas County Dog Shelter will be on the look-out for new families at Clackamas Town Center one day a month.

Leases totaling 191,907 square feet have been completed at One Arizona Center. The transactions at the class A CBD office building consist of new leases for the U.S. Army Corps of Engineers Medical Recruiting Office and Central Parking Systems, and a renewal for Snell & Wilmer LLP.

As we enter the Thanksgiving season, I'd like to publicly thank some people who have done much for the future of Columbia's downtown.

Two Neal, Gerber & Eisenberg partners last week struck back at Mary Bucksbaum Scanlan, heir to a founder of mall owner General Growth Properties Inc., who sued them and their Chicago-based law firm for alleged malpractice.

If Columbia's proposed downtown redevelopment is completed, Howard County stands to gain an average of from $6.9 million to $13.9 million in net new revenues each year, according to a detailed county government analysis of the financial impact presented Monday night to the County Council.

Only at Christmastime, when she needs to do errands at the mall, does Mary Kay Sigaty really walk around downtown Columbia.

Providence Place mall owner General Growth Properties Inc. has coupled with American Express in the nationwide launch of gift cards with only an initial purchase charge and no expiration date, just in time for the 2009 holiday shopping season.

Ever since the General Growth Properties plan for developing downtown Columbia first surfaced it has seemed to me that it is crucial for the community to understand the financial windfall GGP will realize as a result of being granted the development rights that it is proposing.

In the global property sector, there has been talk for months that Westfield Group and a US rival, Simon, could be interested in picking up assets from regional mall owner General Growth Properties , which is in bankruptcy in the US.

Bankrupt real estate investment trust General Growth Properties Inc.a s stock went in the tank in April and its most prized Baltimore assets are up for grabs, but its employees will still take home $47.5 million in performance-based bonuses.

Yard House, a Long Beach, Calif.-based eatery, will open its doors later this month at The Shops at La Cantera.

If last year taught me anything, it's that I'm not nearly as smart as I think I am -- and neither is anyone else.

Cemusa has won a five-year contract with the City of Atlanta and General Growth Properties to manage the advertising on 100 new street vending kiosks in Atlanta.

Complimentary valet parking has long been a part of Mizner Park's panache. But no more.

General Growth Properties, the Chicago-based owner of Manchester's Buckland Hills mall, is heading outside for its newest venture.

Since Fashion Place mall opened the new 138,000-square-foot Nordstrom store in March, a roofer, general contractor, cabinetmaker, asphalt company and tile company have sued the mall for some $6.6 million in unpaid bills.

Its owner, General Growth Properties, has come up with a plan to spend almost $5 billion over the next 30 years to add more than 5 million square feet of office and retail space in addition to 5,500 homes.

In the months since General Growth Properties Inc. pulled Bridgeland off the market after considering selling it to pay its debts, the community's home sales have experienced an upswing.

The revival of Columbia's stagnant downtown by a Dallas-based developer is still in its formative stage, but the 30-year "smart growth" plan could generate more than $300 million annually in state and county tax revenue, according to the Howard County Economic Development Authority.