Task force, Macerich continue talks on SouthPark


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Originally Posted Online: March 19, 2013, 8:13 pm
Last Updated: March 19, 2013, 8:13 pm
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By Dawn Neuses dneuses@qconline.com

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.








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  Today is Thursday, July 24, the 205th day of 2014. There are 160 days left in the year.

1864 -- 150 years ago: The Rev. R.J. Humphrey, once a clergyman in this city, was reported killed in a quarrel in New Orleans.
1889 -- 125 years ago: The Rock Island Citizens Improvement Association held a special meeting to consider the proposition of consolidating Rock Island and Moline.
1914 -- 100 years ago: The home of A. Freeman, 806 3rd Ave., was entered by a burglar while a circus parade was in progress and about $100 worth of jewelry and $5 in cash were taken.
1939 -- 75 years ago: The million dollar dredge, Rock Island, of the Rock Island district of United States engineers will be in this area this week to deepen the channel at the site of the new Rock Island-Davenport bridge.
1964 -- 50 years ago: The Argus "walked" to a 13-0 victory over American Container Corporation last night to clinch the championship of Rock Island's A Softball League at Northwest Douglas Park.
1989 -- 25 years ago: The Immediate Care Center emergency medical office at South Park Mall is moving back to United Medical Center on Sept. 1. After nearly six years in operation at the mall, Care Center employees are upset by UMC's decision. The center is used by 700 to 800 people each month.








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