Members of the SouthPark Mall Task Force said discussions with Macerich Co. about revitalizing the mall property continue, even though the mall is one of 17 up for sale.
The task force has worked the past two years with the current and past mall owners to encourage revitalization of the property. Macerich co-owned the mall with Simon Property Group until last year, which Macerich became the sole owner.
Paul Rumler, a task force member and Quad Cities Chamber vice president, said Tuesday that he talked to Macerich earlier in the day and the company remains committed to making improvements.
"We are moving ahead and maintaining the same timeline for revitalizing the property," he said.
"We are working with a very aggressive ownership team," he said of Macerich, adding that while the task force does not have details of a revitalization plan yet, it and the company are working on one together.
Moline city administrator Lew Steinbrecher said the city has had an extremely positive relationship with Macerich since it took over mall ownership and management.
"There have been a number of good-faith conversations and the partnership we are formulating includes the creation of a Tax Increment Finance district by the city and reinvestment in the property by Macerich," he said.
The mall is an important commercial property and sales tax generator for the city, Mr. Steinbrecher said. All indicators show SouthPark is an important property to Macerich, too, he added.
The city will move forward with its plans, whether the mall is on the market or not, Mr. Steinbrecher said.
Mr. Rumler said when SouthPark and NorthPark were listed for sale in 2006, the ownership group made no improvements while the properties were on the market.However, today Macerich continues to make interior and exterior improvements in the properties and to discuss the future of SouthPark, he said.
Mr. Rumler was unawareSouthPark and NorthPark were for sale since late last year, but said it was not a complete shock. In the world of real estate, everything is for sale, he said, adding that the company is only trying to maximize its assets.
Today is Friday, Dec. 20, the 353rd day of 2013. There are 11 days left in the year. 1863 -- 150 years ago: The sad news of the death of Gen. John Buford will be found in our telegraphic dispatches. 1888 -- 125 years ago: The executive committee societies, with J.W. Cavanaugh as chairman, have arranged for the second annual industrial fair at the Rock Island rink. 1913 -- 100 years ago: Margaret Schroder, Rock Island police matron, has been appointed by Judge B.S. Bell as chief probation officer for Rock Island County. 1938 -- 75 years ago: Bestor F. Witter has been named president of the Junior Chamber of Commerce. 1963 -- 50 years ago: Possible development of a field house on the site of the former bus garage in Rock Island was announced today by C.W. Sorensen, president of Augustana College, after the Illinois Commerce Commission authorized donation of the building to the college. 1988 -- 25 years ago: Moline based Beling Consultants and the Chicago based firm HNTB got the go-ahead today to begin a $1.087 million Quad City Airport terminal expansion.