Mall tenants backing out?

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Mall tenants backing out?

Postby ~H*B*G~ » Wed, 17 Jun 2009 08:34:08 GMT

I was told yesterday by a client that they had heard the mall had lost almost half of their proposed tenants. I don't believe it to be true, but thought I would ask it here. So, tell me I'm right :lol:
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Re: Mall tenants backing out?

Postby CherieGentry » Wed, 17 Jun 2009 09:09:36 GMT

Which mall? The new outlet mall?

I would think that after the number of employers that were looking for help at the Job Fair you would have to say this is nothing more than a rumor......
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Re: Mall tenants backing out?

Postby ~H*B*G~ » Wed, 17 Jun 2009 09:20:53 GMT

That's what I figured too Cherie, I guess I should have put this in an email...you know what they say bout hindsight... :oops:
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Re: Mall tenants backing out?

Postby Grace2u » Wed, 17 Jun 2009 10:58:20 GMT

I certain hope it's just a rumore, but the sad thing is with the economy as it is today, common sense needs to come in to play... Not to mention the horrible timing with the road construction. I'm fearful it will prevent easy access to the mall for quite some time.
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Re: Mall tenants backing out?

Postby Beasly » Wed, 17 Jun 2009 11:07:45 GMT

Hmmmmm I made a post above grace but it didnt take. Basically I said the same as Grace. Economy is the clincher right now.
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Re: Mall tenants backing out?

Postby catnipandcarrots » Wed, 17 Jun 2009 12:05:17 GMT

I could understand a few tenants waiting until the road construction is completed as they may not want to take the chance in this economy since start-up is so expensive. But almost half backing out? I seriously doubt that. I do predict a large influx of people coming from all over when it first opens but dealing with the construction commute and interchange mess? Many won't be back until it's finished. As much as I want this mall to succeed, I hope the mall folks are planning on hiring Monroe's finest to direct traffic for several weekends. (notice I said "hire", not "borrow" from the taxpayers.) :D

Now where is our sneaky back entrance so us locals can avoid the outoftowners??? :lol:
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Re: Mall tenants backing out?

Postby Bob Kelley » Wed, 17 Jun 2009 12:09:22 GMT

No issues, the mall users as a whole have seen an increase in business in this economy. The last report I saw indicated business was up. I don't have the information handy but if memory serves it was in the range of 8-15%. Many want to see Monroe fail, many don't understand the strategy so they condemn it. The thought process behind the interchange development is to bring "regional" draws to bring people from all over so as residents you can have conveniences that do not rely on resident population to support them.

That mall is not being built just to service Monroe, based on population Monroe would never get a project like that and it would be destine to fail if they got one. The Home Depot project is a regional distribution center, out parcels around the mall will be slated for regional draws or business that will flourish around an exit ramp.

I would not be too concerned with rumors of failure before it's even open. The tenants listed have all been pulling permits to complete their interior finish at a high rate. Our planning and zoning department along with NIC are working extra hours to insure we are doing everything in our power to help these businesses be up and running by August 6th, Opening Day for the Cincinnati Premium Outlets of Monroe, Ohio......
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Re: Mall tenants backing out?

Postby HRHPatey » Wed, 17 Jun 2009 12:11:59 GMT

August 6th !! Wow I really didn't know it was that close ..... I hate to say this but I have always been Thankful that I live in this area of Monroe - close enough to trot around but far enough away to not get snarled in traffic ...
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Re: Mall tenants backing out?

Postby ~H*B*G~ » Wed, 17 Jun 2009 12:19:28 GMT

Thank you Bob for that information. I do apologize for putting it out here originally, as stated above it should have been a private email.


That being said...

I wish there were someway we (Monroe citizens)and only we and employees could use the Butler-Warren entrance..like with some kind of gate and a tag...that would be cool.
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Re: Mall tenants backing out?

Postby Beasly » Wed, 17 Jun 2009 12:42:36 GMT

~H*B*G~ wrote:Thank you Bob for that information. I do apologize for putting it out here originally, as stated above it should have been a private email.
IMO this was an excellent question/post to ask. Publicly.
Its cleared up and in a good way. Thanks Bob!


That being said...
I wish there were someway we (Monroe citizens)and only we and employees could use the Butler-Warren entrance..like with some kind of gate and a tag...that would be cool.


Good luck on the gate! hehehehehe
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