The expected sale of the
mall in downtown Burlington will mean a significant face-lift for the area.
But just what that
transformation will look like remains a mystery.
A deal to sell the
Burlington Town Center mall is set to be finalized December 16th.
The prospective new owners
are planning major overhauls to the facility -- inside and out.
"If this all unfolds as I
believe the new buyers are planning, it's a quite exciting thing for the city,"
Burlington Mayor Miro Weinberger said.
Mall management would not
do an on-camera interview or provide details of the prospective owners plans -
citing media restrictions of the current ownership group - despite unveiling
architectural designs at a public meeting Thursday night.
Those plans included
proposals to repurpose some of the mall's excess parking into retail or
restaurant space and to upgrade the building's aging infrastructure.
Spokespeople for the
Burlington Business Association say reinvestment will help more than the mall
and its customers.
represents a fresh start for the mall and because of the malls significant
presence in our downtown and it's facing Church Street it's really great for the
whole area," Kelly Devine with the BBA said.
Mayor Weinberger says the
proposed changes fit with parallel plans the city has for redevelopment
downtown, including improvements on Cherry Street to make it more pedestrian
"The city would certainly
benefit considerably if the mall engaged Cherry St. Much more than it does
today," Weinberger said.
City leaders are weighing
eight other development proposals throughout the city with a total cost of 17
million dollars but only five million is currently available.
But through a tax
financing tool officials say private investment in the mall could open up more
dollars for those public development plans.
The final purchase price
for the mall has not been disclosed.
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