This story was originally published June 10, 2020, 6:10 PM. Montana legislator sues House speaker over censure, Supreme Court to consider overruling Chevron doctrine, Tucker Carlson, on leaked video, derides Fox streaming service, Senate rankings: Here are the 5 seats most likely to flip. The property could attract investors seeking tax benefits from funding a project in an Opportunity Zone, a federally designated area meant to encourage development and job creation in low-income communities. Jump to. The world's biggest Wall Street bank by revenue has said itcould shutter backup trading floors located outside New York and London as a result of the move. A month later, the bank bought the property for $2,600 in a foreclosure sale, court records show. The foreclosure was first reported by The Real Deal. MIAMI (CBSMiami) - Southland Mall in Cutler Bay has been acquired by two real estate investment firms that have big plans for the property. Oct 12, 2022, 9:40 AM PDT. Is it true tuttle mall is closing? : r/Columbus - Reddit Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. The COVID-19 pandemic has claimed its first Miami-Dade indoor shopping mall. Tenant vacancies have had a sizable impact on the malls appraised value, according to Trepp. The Sunrise Mall has been a mainstay in . The company is closing 14 stores across the county as part of a restructuring plan. The Southland Mall in Miami opens at 10 am Monday to Saturday and closes by 8 pm but has different opening and closing times on Sunday. 6796 SW 62nd AvenueSouth Miami, Florida 33143(305)669-7030, Miami Community Newspaper Sponsored Content, Latin Builders Association Community News. No one is really immune. US Malls Are Dying and There May Be Just 150 Left in 10 Years As final Zellers stores close, former employees swap memories - CBC The lack of interest in the once bustling mall previously owned by . Rene Rodriguez has worked at the Miami Herald in a variety of roles since 1989. Those are:Central New Jersey, Northern New Jersey, Long Island, Memphis and Detroit. Got a confidential news tip? Not in these states, Does Keurig owe you money? Lender Takes Control of Southland Mall in Cutler Bay - The Real Deal Theres nothing like lazy summer days relaxing on the patio. Southland Mall Hours: Opening, Closing & Holidays Hours | January 2023 Brookfield acquired Southland in 2016 when it acquired Rouse Properties Inc., the malls original developer. If they would have told us what they need to maintain their operation, Im sure they would have had one advocate for them and thats me, Councilman Harold Collins said. When the loan matured on May 8, the trustee for the CMBS filed the $67.5 million suit against the mall, which includes accrued interest and legal fees. Southland Mall, the 986,100-square-foot indoor mall at 20505 S. Dixie Highway in Cutler Bay, is the first major shopping center to be foreclosed due to the coronavirus outbreak. Like every other business in America, Southland Mall opens and closes on certain holidays. Bill Lee and First Lady give away meal boxes, Southaven Police search for car theft, shooting suspects, Shooting in Orange Mound leaves 1 injured, School truancy could fuel juvenile crime trend, Concerns rise after escapes, assaults at TN youth. You must have JavaScript enabled to use this form. Floodplain Mitigation Plan Advisory Committee, Watch this video to hear Mayor Tim Meerbott, Invasive Exotic Plant Species in Cutler Bay, 6th Annual Wings Over the Bay & Country Concert.