General Growth Partners, one of the largest mall owners in the country and the company which still intends building The Bridges at Mint Hill, may be on the verge of exiting bankruptcy. The company was forced to file for bankruptcy last year when investments went bad. Simon Properties, the owner of South Park Mall, wants […]
Simon Properties, owner of South Park Mall, is offering to acquire General Growth Properties, the company that owns the majority of the land at Lawyers Road and Interstate 485 where the Bridges at Mint Hill is to be built. According to bizjournals.com, Simon is offering to buy General Growth for $10 billion. Reps from Simon […]
[singlepic id=634 w=320 h=240 float=center]General Growth Properties, Inc, burdened by $27 billion in debt, filed for Chapter 11 bankruptcy today. The mall operator is a partner with Childress Klein to bring the Bridges at Mint Hill mall to Lawyers Road and Interstate 485. Chris Thomas of Childress Klein told the Mint Hill Times earlier this […]
The Charlotte Business Journal is reporting that General Growth Properties Inc, the Chicago based company which was partnering with Childress Klein to bring the Bridges of Mint Hill mall to this area, has received an extension to pay some of its debt through March 15.