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Blogs
Brett April 24, 2014 at 07:34 am
"I've also attended some Lakeside meetings, and know that they thought only God (possibly) wasRead More worthy of discussion with them." What does this mean? You attended Lakeside meetings and they only wanted to discuss God? That doesn't sound quite right. Are you sure you didn't accidentally go to church?
Roberto April 24, 2014 at 03:23 pm
WRONG?? Who says anything went wrong? A lot of people were unhappy with Lakeside for a wide rangeRead More of various reasons and are glad it did not pass! A lot people worked to defeat all cityhood efforts in DeKalb; they think they got it right! Wrong is in the eye of the beholder. Until both sides of the issue are addressed there will continue to be winners and losers, proponents and opponents. Why not address both sides of the issue?
TruthWillSetYouFree April 24, 2014 at 03:43 pm
I can't speak for Mikeatl Brett but to me what it means was the Lakeside people were a bunch ofRead More pompous jerks who thought their Republican backing gave them the power to do whatever THEY wanted. They had no interest in having a discussion and asking what their neighborhoods wanted. One of their board members Kevin Levitas heads up our neighborhood association. At no time did he call a meeting to ask US what we thought of the Lakeside proposal or if we preferred that one over Briarcliff. (or did I miss it Herman?) They were/are a bunch of un elected political insiders who have a our way or the highway approach. It was very refreshing to go the Briarcliff meeting the other night and see an actual give and take between the audience and speakers. There was none of this pre submitted questions and lecturing that I experienced at the Lakeside meetings.
Longerthanu April 24, 2014 at 11:12 am
I wouldn't expect to see any real change to Northlake Mall. Simon isn't "selling" theRead More mall. It's spinning off 98 strip centers and smaller malls into a separate REIT and keeping the SPG REIT focused on its bigger, higher-end properties. There's a "smaller is better" trend among the big REITs of late. Several are splitting their portfolios. It's a way to try to attract investors to the REITs while cleaning up their balance sheets.
Brian Crowe April 24, 2014 at 11:52 am
Agree with Longerthanu. There's nothing in this announcement to indicate any change in Northlake'sRead More operations, much less a complete shift away from the traditional mall model. That said, going forward there is likely to be much more value for the underlying property as residential rental. But it may be quite a while before that happens.
Tom Doolittle April 24, 2014 at 12:32 pm
Agree with all. My stuff on redevelopment is really limited by the marketplace. Only a gamechangerRead More like commuter rail combined with some new Federal grant program would kick start change. So maybe the conversation in the intervening years is "what would such gamechangers be?" on the order of a geopolitical shift. I don't think forming a city would do that much unless such a thing gave access to a "gamechanger" strategy. More on the public conversation vein--the sooner we stop talking about the Mall PROPERTY as "The Mall", the faster we can prepare for the future--and take part in it.