Have you ever wanted to work in a shopping mall--work that wouldn't involve the cookie cart or Foot Locker? Your chance may be coming, if Madison Square's developers (Chattanooga-based CBL) have their way. They're expected to announce as early as this week that the old Pizitz/McRae's/Belk anchor-- approximately 100,000 sq. ft.-- will be (at least partially) converted into office space. The store has been vacant since Belk moved to the Parisian space in 2007. Some readers may note that the anchor space is still owned by the Pizitz family of Birmingham-- it will be interesting to see what kind of involvement they have in this redevelopment.
|Yellow-- the old McRae's/Belk space that will be completely converted. Orange-- the second level will be converted, whereas the first level will be a retail/office mix.|
It's definitely not the complete overhaul I've proposed for the 25-year-old mall that's nearing the end of its useful life. But at least it's a start.