vornado: Springfield Mall Set to See Renovations in Coming Months
- 01/08/11 02:25 AM
According to a report in the Springfield Connection Jan 6-12, 2011, Vornado Realty Trust is set to begin a multi-phase renovation project in the March-April timeframe. Nancy-Jo Manney, Director of the Greater Springfield Chamber of Commerce stated that the mall owners were currently in talks with potential tenants. Word is that last month, Vornado settled on a new purchase price of $115 million, down from $171 million, and can now move forward with renovation. The renovations scheduled will focus on the mall's interior, including bringing back the movie theatres with new stadium seating, and a new food court. The company has already (2 comments)