The enclosed mall
, however, belies this phenomenon.
With enclosed malls
, "they won't get into the trouble [and face the opposition they've encountered in cities and municipalities]," he said.
When asked to choose the safest and least safe of the three types of malls surveyed, 59 percent chose enclosed malls
as safest while 56 percent of shoppers found strip malls least safe.
Elliot has been involved in the leasing and redevelopment of enclosed malls
totaling over 32 million square feet in seven states.
Penman also said creating this type of enclosed mall
is an ``extremely high priority'' and would ``clearly be a unique destination'' of the type described in the Vision 2020 blueprint.
The single-level, enclosed mall
, constructed in 2006, is anchored by Dillard's, JCPenney, and Target and is 91% leased.
Elliot brings extensive experience in the enclosed mall
For the past several years, mall developers have become increasingly interested in building "open-air" centers, billed as an alternative to enclosed malls
, which have seen slipping foot traffic.
NYSE: RSE), a national owner and operator of regional enclosed malls
, today announced that it has commenced a multi-million dollar renovation of the Pierre Bossier Mall, located in Bossier City, Louisiana (Shreveport-Bossier MSA).
Francis Scott Key Mall, acquired in 2003, is a 711,000 square foot enclosed mall
anchored by JCPenney, Macy's and Sears.
The chain previously operated a 46,000-square-foot freestanding store closer to the complex's enclosed mall
Patrick Henry Mall is a 715,000 square foot enclosed mall
anchored by Dillard's, JCPenney and Macy's.