Perfectly said ! As I walked around the mall a few weeks ago I had tears I. My eyes thinking this would be torn down. I even heard it would cost $30 million to tear it down 😡 I also saw a ad recently that Macys was opening another location in Bloomingdale ! I don’t understand why they would build a outdoor mall when we have a cold winter here. There should be tax breaks for retailers to come back there. I don’t llive in Bloomingdale but hope the taxpayers have a say in this because I think they would say what you just said . Thanks for the video.
They could have done so much more. Bloomingdale already has a bunch of strip malls within three miles of each other. It's ALLLLLL RESTAURANTS AND MIXED USE AND MORE STORES but there is no third place anymore for citizens. They could have saved it. Right now, Fox Valley Mall in Naperville is booming and SAVED itself from sinking after COVID by INVITING SMALL BUSINESSES to popup shows every weekend! Now Everytime I walk in there it's full of life. Both from huge retailers but also from small business owners who are just happy to get a place to sell their products physically and safely.
I had a store in that mall for 20 years. still believe it is a big mistake to demolish the Mall. The Mall is already there. all they need to do is just to sell it to Amazon that can move her store from Army Trail in to the Mall and make maybe a small warehouse from one of the department stores and invest some money in it to get stores back to the Mall. It is a beautiful Mall that got killed from bad management and too much opening hours that killed most of the business. All Malls MUST close one day a week and close on Holidays plus short the business hours. I am pretty sure this Mall will come back to life. we live in a cold city that required a closed shopping Mall esp. in the Winter and Christmas season. working with the same old thinking that Malls have to be open 11 hours is absolute wrong. Plus the Village has to stop allowing building Plazas around the Mall to kill it. It was a big mistake building that Plaza on Gary and Shick and the same for the Plaza where Best buy is. I am willing to come back and reopen my store there if they get more stores and security back to it.
The village “might” be able to get funds from the state for demo and economic development once they show the mall is fully vacant and ready. They might also have a developer or two waiting to propose redevelopment. This will probably involve large contract approvals, tax abatements and other incentives for this fancy new multi use blended development and co-ownership. The mall looks really nice. Malls are dying, but a sound structure and proper utilities already in place means there is almost no reason to demo…. Unless someone is getting paid along with their “business partners”. 💰
My dad brother and I had fun owning and running Cigar Emporium for 11 years before my dad retired. ‘04-‘15. Fellow store owners always looked for each other. Always interesting people coming and going. Even gave discounts to the construction guys building the movie theater back then on drinks and cigarillos. Miss our business.
This mall has potential like you Said, there’s a million things this mall could be heck it could be another mall! But the village likely wants to destroy it and build housing.. standard America move. Destroy a perfectly good structure to build boring copy-paste houses on the corpse of good potential!
You ask why doesn't the village use the mall as is. Primarily because malls aren't profitable any more. Look at nearly every mall around. The rents are so high it's not worth it to occupy one. Now I would agree that it was dumb for the village to take the property. At sometime a private entity owned it and that is when steps should have been taken.
I’m sorry to see Stratford go also. It is very costly to heat, plumb, air condition and provide electricity to that huge space. With the anchor stores out-of-business there is no draw. You are rather naive to think a simple tax break can keep small retailers open when there is no foot traffic except mall-walking seniors and teens with time to kill.
If I had the money, I would turn the mall into a living quarters! Every store gets turned into an apartment/penthouse. Reopen the food court. More than enough parking for the renters and their visitors.
I agree with you when you say let's do something with it other than tear it down. That makes a lot of sense.
Perfectly said ! As I walked around the mall a few weeks ago I had tears I. My eyes thinking this would be torn down. I even heard it would cost $30 million to tear it down 😡
I also saw a ad recently that Macys was opening another location in Bloomingdale !
I don’t understand why they would build a outdoor mall when we have a cold winter here.
There should be tax breaks for retailers to come back there.
I don’t llive in Bloomingdale but hope the taxpayers have a say in this because I think they would say what you just said .
Thanks for the video.
They could have done so much more. Bloomingdale already has a bunch of strip malls within three miles of each other. It's ALLLLLL RESTAURANTS AND MIXED USE AND MORE STORES but there is no third place anymore for citizens. They could have saved it. Right now, Fox Valley Mall in Naperville is booming and SAVED itself from sinking after COVID by INVITING SMALL BUSINESSES to popup shows every weekend! Now Everytime I walk in there it's full of life. Both from huge retailers but also from small business owners who are just happy to get a place to sell their products physically and safely.
I had a store in that mall for 20 years. still believe it is a big mistake to demolish the Mall. The Mall is already there. all they need to do is just to sell it to Amazon that can move her store from Army Trail in to the Mall and make maybe a small warehouse from one of the department stores and invest some money in it to get stores back to the Mall. It is a beautiful Mall that got killed from bad management and too much opening hours that killed most of the business. All Malls MUST close one day a week and close on Holidays plus short the business hours. I am pretty sure this Mall will come back to life. we live in a cold city that required a closed shopping Mall esp. in the Winter and Christmas season. working with the same old thinking that Malls have to be open 11 hours is absolute wrong. Plus the Village has to stop allowing building Plazas around the Mall to kill it. It was a big mistake building that Plaza on Gary and Shick and the same for the Plaza where Best buy is. I am willing to come back and reopen my store there if they get more stores and security back to it.
The village “might” be able to get funds from the state for demo and economic development once they show the mall is fully vacant and ready. They might also have a developer or two waiting to propose redevelopment. This will probably involve large contract approvals, tax abatements and other incentives for this fancy new multi use blended development and co-ownership.
The mall looks really nice. Malls are dying, but a sound structure and proper utilities already in place means there is almost no reason to demo…. Unless someone is getting paid along with their “business partners”. 💰
My dad brother and I had fun owning and running Cigar Emporium for 11 years before my dad retired. ‘04-‘15. Fellow store owners always looked for each other. Always interesting people coming and going. Even gave discounts to the construction guys building the movie theater back then on drinks and cigarillos. Miss our business.
This mall has potential like you Said, there’s a million things this mall could be heck it could be another mall! But the village likely wants to destroy it and build housing.. standard America move. Destroy a perfectly good structure to build boring copy-paste houses on the corpse of good potential!
The malls is huge.
Low profit margin ,Shoplifting and high taxes are destroying America's retail base
You ask why doesn't the village use the mall as is. Primarily because malls aren't profitable any more. Look at nearly every mall around. The rents are so high it's not worth it to occupy one. Now I would agree that it was dumb for the village to take the property. At sometime a private entity owned it and that is when steps should have been taken.
I go to the "experience " mall but I buy everything online. Yes maybe a overpriced ice cream and a pair of discount sandals at Marshalls.
I’m sorry to see Stratford go also. It is very costly to heat, plumb, air condition and provide electricity to that huge space. With the anchor stores out-of-business there is no draw. You are rather naive to think a simple tax break can keep small retailers open when there is no foot traffic except mall-walking seniors and teens with time to kill.
If I had the money, I would turn the mall into a living quarters! Every store gets turned into an apartment/penthouse. Reopen the food court. More than enough parking for the renters and their visitors.