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Article: Strip redevelopment in first tier suburbs: a success story.(sucessful management of department stores)
- Article from:
- Nation's Cities Weekly
- Article date:
- November 5, 2007
- Author:
CopyrightCOPYRIGHT 2007 National League of Cities. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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This article is the fourth and final article in a series about strip center redevelopment in first tier suburbs supported by NLC's First Tier Suburbs Council.
It probably wasn't what Carson Pirie Scott had in mind.
In 1957, the department store opened Edens Plaza, at the time a 283,000-square-foot, 20-acre open-air community shopping center in Wilmette, Ill., an affluent Chicago suburb. Carson's was the sole anchor.
For a long time, everything was fine. But as any commercial property will, Edens Plaza aged. Carson's generally does not develop and manage shopping centers, noted Pad Ruby, who was vice president of real estate with Carson's in the ...