Richland Mall Redevelopment
#1
Posted 15 March 2005 - 09:11 AM
Big plans for Richland Mall...
North Carolina developers are buying Richland Mall and plan to transform it into a mix of upscale shops, restaurants, office space and residential condominiums with rooftop views.
The project, with a price tag of more than $300 million, would renew a retail mall that has been struggling in recent years and would help create a city center for Forest Acres.
While the project doesn’t have a name, The Peerless Development Group of Spruce Pine, N.C., refers to it as “a village within a city,” with walkable streets, rooftop parks and courtyards.
http://www.thestate....te/11137913.htm
#2
Posted 15 March 2005 - 10:27 AM
#3
Posted 15 March 2005 - 11:34 AM
Spartan, on Mar 15 2005, 12:27 PM, said:
Somehow the previous owner only paid $16 million for the mall at the end of 02. I imagine that they are making a little bundle on the sale despite the limited success of the 'makeover'.
It has the potential to be a great town center and can transform the streetscape along that portion of Forest Dr.
#4
Posted 15 March 2005 - 05:01 PM
http://www.wistv.com...24&nav=0RaPXVbX
"A developer wants to revitalize the property. In addition to shopping, in a few years you might actually be able to live at the site. Peerless Development Group plans to turn the property into a residential village called a "Village Within a City" project. "
Forest Acres City Council just met about this afternoon. There's something on WIS right now about it...
#5
Posted 15 March 2005 - 05:08 PM
#6
Posted 15 March 2005 - 05:08 PM
Details I remember...
$300 million urban village redevelopment by the Peerless Group.
Done in phases over 5-8 years (business will remain open).
Developer going for a "Charleston feel" with street-front restaurants, more stores, condos, etc.
EDIT: I see they just updated the website story to include all the details. Guess they were holding off until after it aired.
Edited by emerging.me, 15 March 2005 - 05:11 PM.
#7
Posted 15 March 2005 - 05:11 PM
#8
Posted 15 March 2005 - 09:12 PM
#9
Posted 15 March 2005 - 10:34 PM
#10
Posted 21 March 2005 - 10:54 AM
#11
Posted 22 March 2005 - 03:19 PM
#12
Posted 22 March 2005 - 04:34 PM
HAMMETTM, on Mar 22 2005, 05:19 PM, said:
I can see how you would be concerned. It hasn't been something that we've seen very much of in this area. Personally, I think it's a great and another indicator that "the new urbanism" is really taking root in Columbia.
#13
Posted 23 March 2005 - 02:05 PM
How about $300 million on the CCI site...that would be nice.
#14
Posted 26 March 2005 - 12:09 AM

Richland Mall Redevelopment
#15
Posted 26 March 2005 - 08:37 AM
#16
Posted 26 March 2005 - 08:55 AM
#17
Posted 26 March 2005 - 08:59 AM
Hybrid0NE, on Mar 26 2005, 08:55 AM, said:
Interesting, I could see that!
#18
Posted 27 March 2005 - 12:41 AM
Hybrid0NE, on Mar 26 2005, 08:55 AM, said:
I like that you said that. I have always compared Forest Acres and Buckhead. If things continue to fall the way they have, Columbia could go through an Atlanta type growth over the next 20 years. There is an awful lot going on right now.
Edited by waccamatt, 27 March 2005 - 02:16 PM.
#19
Posted 27 March 2005 - 01:00 AM
waccamatt, on Mar 26 2005, 01:09 AM, said:

Richland Mall Redevelopment
that is impressive. look at that Belk store!
#20
Posted 27 March 2005 - 02:17 PM
cantnot, on Mar 27 2005, 01:00 AM, said:
Wouldn't that be an awesome place to shop? I already like Richland Mall, but this plan is super bosco.
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