I have not been there in over 10 years so do not know how many tenants they have lost- but $80 million is a large amount to owe the bank Oaks Mall faces foreclosure complaint, owes $80M: “I was shocked”
Isaac Brock saw this coming in 1997: Here's the man with teeth like god's shoeshine He sparkles shimmers shines Let's all have another Orange Julius Thick syrup standing in lines The malls are the soon to be ghost towns Well so long, farewell, goodbye
America was over retailed for decades but with lack of investment and building the population and demand has caught up to the space. There are always shitty malls and great malls. I agree the Oaks is kind of shitty. Nothing a $100M couldn’t fix. Retail space availability has reached its lowest point in decades
Last time I was there was more than 20 years ago. I stopped in to shop at the Gator Gear store when I got off 75. Most malls facing similar fates
Went there last year to eat lunch and buy my boy some Vans, food court was busy but otherwise not so much.
I vaguely remember 3 for 1 drinks (Funerals) and large towers of nachos at the Chelsea St Pub there back in the very early 80’s.
Worked in the kitchen and tending bar at Chelsea Street Pub circa 1984. Prolly haven’t been back since except to catch Gator game day busses a few years ago. edited: One would think that I could post where I worked correctly in a “Pub” thread, hence the correction to Chelsea Street Pub from the afore mentioned Piccadilly. When Chelsea St was mentioned by AgingGator below the uncountable pitchers of beer I poured and hundreds of mountains of nachos I built came back to me with as much clarity as my remaining brain cells could muster. A lotta beers at Chelsea St and the Old College Inn back in the day did stress out a goodly number of my brain cells.
I don’t remember if it was marked down or BOGO, but Wednesday night pitchers of Death at Chelsea’s was always good
Wow. I remember, long ago, going to the two or three bookstores there. Walden Books is the name I remember. Do bookstores still exist, or do you have to buy from Jeff Bezos?
Yes. Though not as many. I have to read hardback. Doing a kindle or whatever electronic thing just feels strange to me. I do find myself buying a lot less books and just going to the library.
What are you going to do when Musk and Trump abolish libraries? Such wasteful spending, those places buy and stock books that no one wants to read.
I was in this mall just before last Christmas to do a little shopping. It was quite busy. First time I’d been back since 1999.
Our local mall in Daytona is a shadow of its former self. The push for more strip malls, and “shopping centers” has caused this for decades.