Quote Originally Posted by Bham1982 View Post
Of those urban malls, only Water Tower Place is super successful. North Bridge does ok, but the other three struggle. Horton Plaza, Canal Place and 900 Michigan all have serious problems with vacancies. And even Water Tower lost Lord & Taylor, and had problems filling their upper floors.

For example, Horton Plaza is currently being redeveloped, with failed department stores being demolished in favor of parks.

In terms of non-struggling urban malls, we're talking a very, very short list in the U.S. But almost every U.S. city has tried. Heck, here in MI, we built urban malls in Battle Creek, Flint, Grand Rapids, Muskegan, and Detroit, All failed, and only RenCen [[to some extent) exists.
I live at 900 N Michigan and its performing fine. Mark Shale stores folded everyhere and Williams and Sonoma got in a squabble and left because of Sur La Table moving in. Northbridge is out of space and had to kick out tenants to get better ones. They also are increasing the size of the mall by purchasing the neighboring office building and hollowing out floors. Water Tower went through the same process by denying lease renewals to get better tenants and have no vacancy

Mall space demand on Mich ave exceeds supply because it caters to international and out of state tourists. State street is another matter catering to city and regional residents. Of course Block 37 is not performing at all and is perhaps the worst development disaster in Chicago history

I know most of your info is based on observation and not fact, but at least come to the table prepared if you are going to act like you know something.