An Iowa developer bought the 58-acre Valley West Mall for $11 million; a nearly 50-year-old JCPenney lease now stands in the way of redevelopment as the city considers up to $110 million in incentives
An Iowa developer has bought the 58-acre Valley West Mall site for $11 million (£8.2 million). The company is now starting a major redevelopment project, but it must first deal with complex lease agreements and get support from the city. Brian Martin, president and chief executive officer of Threshold Capital and Threshold Development, completed the … Read more