breaking news
City will buy ailing City Center mall for $2.88 million
Thursday, September 27, 2007 10:27 AM
THE COLUMBUS DISPATCH
Columbus has struck a deal with the owners of Columbus City Center to take over the struggling Downtown mall.
According to a source with Capitol South Urban Redevelopment Corp., the nonprofit developer created by the city in the 1980s to build City Center, Columbus will pay Simon Property Group and General Motors Pension Trust $2.88 million for the mall as well as vacant land at the northeast corner of S. High and E. Rich streets.
For more ..http://www.columbusdispatch.com/live/content/local_news/stories/2007/09/27/city_center.html
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