General Growth said to Mayor Ted Biggers and Town Manager Brian Welch the Bridges at Mint Hill is being delayed so offsite work can catch up with onsite work. Apparently, Mint Hill is not the only town where General Growth has stalled a mall project. Elk Grove Promenade is “on hold,” according to the Elk Grove Citizen newspaper in California. Rumor is that General Growth has also put the breaks on a billion dollar project in Las Vegas.
General Growth releases its second quarter earnings tomorrow after the market closes. We should know more by then.
Read more in Thursday’s Mint Hill Times.