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5. EDSR 09-11-2006
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5. EDSR 09-11-2006
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Despite the uncertain status of the Brockton interchange, the Stone's Throw commercial <br />area has drawn considerable interest from major retail developers. Gump says a major mall <br />builder, whom he declined to name, had reached an agreement to construct an enclosed <br />regional mall on the site, but then backed off when mergers and possible mergers in the <br />department store industry muddied the waters. <br />That developer is still interested, Gump says, and may return with another proposal once <br />the retailing ownership picture clears. A second set of well-known retail developers have <br />also expressed an interest in building a mall at the site. Failing that, he says, the spot has <br />also attracted interest from office developers or could also become the site of a single large <br />company's new corporate campus. <br />A new mall would make sense at the Stone's Throw site, says Andrea Christensen, second <br />vice president of retail services for Colliers Turley Martin Tucker. <br />"There is a demand for a mall up there," she says. "Southdale is the closest one. And if <br />anybody can pull it off, it's the Beard Group. They have a great deal of vision." <br />Christensen says she bases her view in part on the wild popularity of the Albertville Mall, an <br />outlet mall that drew more than 4 million people in 2004. <br />"That mall is one of the highest-grossing outlet centers in the country," she says. "If they <br />can do that kind of volume there, it shows that there's a lot of demand, so I think a mall in <br />Hassan would be very successful," <br />
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