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.
General Growth Properties inc, who is partnering with Childress Klein properties in building the Bridges at Mint Hill, has gotten a two week reprieve to pay a $900 million dept for two malls in Las Vegas. General Growth warned several weeks ago it may have to file for bankruptcy if it can’t meet its debt […]