Simon sez | Arkansas Blog

Wednesday, October 18, 2006

Simon sez

Posted By on Wed, Oct 18, 2006 at 3:03 PM

Reps of Simon Property Group paid a call today on Roby Brock, who reports on his session here. I must have been away when they tried to call to arrange a meeting with the Arkansas Times.

Faced with losing a federal lawsuit over their mismanagement of the University Mall, Simon now seems anxious to negotiate. They want a longer lease from the landowners underneath the mall -- THEN they'll get serious about razing the mall and redeveloping the property for retail, commercial and residential use. Count us nervous about their stated desire to win approval from the Midtown Redevelopment Advisory Council. If there's even a whisper of a desire for a tax subsidy for any future project, they can count on rolling the bulldozers over some dead bodies first.

If Simon was serious, it would stop stringing out the lawsuit with a needless deposition of the expert who has reported to Judge George Howard about the sorry state of the mall. If it was serious, it would have resumed talks with landowners before it started issuing PR releases. If it was serious, it would have some concrete plans, not pie-in-the-sky talk.  If it was serious, it would return \one of the many calls we've placed over the years to Simon about this eyesore.

 

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