Thursday, July 12, 2012
The Village Board will review the store's proposed design for the permit application at their next meeting.
The Greendale Planning Commission approved a design for the exterior renovation of Southridge Boston Store. The Village Board will review the application that requests a permit to renovate both its north and west entrances at the July 17 meeting. The application says the estimated cost for the renovation is $150,000, which would be paid for entirely by BonTon. Boston Store is undergoing an $8 million interior renovation with the help of a $3 million TIF district from the Village. This also comes during a $52 million renovation of Southridge Mall, also partially funded through a TIF district. Macy's, known as one of Boston Store's competitors, opened its brand new store in the mall back in March.
Tuesday, November 1, 2011
Recapping Southridge Mall this year and what's to come.
It’s hard not to notice all the construction going on outside of Southridge Mall. If you’re a mall-goer you probably also noticed the construction inside the mall. In December the Village of Greendale approved a $16 million dollar TIF district to help the $52 million mall renovation. Since then about five stores have renovated, Macys announced it opening, H&M opened its doors and Boston Store also jumped on the renovation bandwagon with the help of a $2 million dollar TIF district. What’s going on now with the mall renovations: What’s next: The addition of Macy’s is slated to be completed by the Spring of 2012 and the complete mall renovation is slated to be completed by late Summer 2012. The mall will continue to stay open during the …
Wednesday, September 7, 2011
Sarku Japan is expected to be serving by this Fall.
New restaurant is coming to the Southridge food court. Sarku Japan has over 200 restaurants in 37 states. The restaurant is expected to start serving by this Fall. The renovation of the food court is part of a bigger $52 million dollar renovation of the mall. What else is new in Southridge Mall in Greendale? Also opening its doors in the mall is H&M and Macy's. Other stores that have renovated are Lane Bryant, Kay Jewelers, Kohls, Vanity and Wet Seal. Boston Store plans to do a $8.5 million renovation by Spring.
Tuesday, August 16, 2011
Village of Greendale hopes to see Sears and JCPenney jump on the remodeling bandwagon.
The Greendale planning commission unanimously approved a TIF district of $2 millions to help the $8.5 million interior remodeling project of Boston Store in Southridge Mall. In just a little over a year the Village of Greendale has established two TIF districts and is about to establish the third for Boston Store to help the 76th street business district corridor thrive. The third TIF will help renovate only the interior of Boston Store, not the exterior. According to the proposal, the renovation will increase the value to $10.5 million. The first tax incremental financing (TIF) district was approved by the board for the construction project of a $17 million 90-unit senior housing complex along the South 76th Street Corridor, adjacent to …
Tuesday, August 9, 2011
Tax incremental district will be created to help Boston Store remodeling project. JCPenney might also be next to remodel.
A plan to financially assist Boston Store's effort to remodel the interior of its Southridge Mall location is taking shape as the Village's Joint Review Board began deliberating it Monday morning. The panel, made up of representatives from the Greendale's separate taxing bodies, was presented with the option to create of a third tax incremental financing district to help the store finance its $8.5 million renovation. According to village manager Todd Micheals, the municipality would commit about $2 million through a TIF district, which uses future property taxes from the development to pay off loans needed to create the development. "We anticipate that we will get some ancillary projects from it," he said. The TIF would be constructed …