Wednesday, January 10, 2007

The Daily Mall Reader: Crabtree Valley Mall

A daily dose of mall-related reading...

To grow, Crabtree must go skyward

Triangle Business Journal - January 3, 2003

(Excerpt) On the inside, Crabtree Valley Mall hides its age well with marble floors, bright banners and new trendy stores such as Pottery Barn and Restoration Hardware.

On the outside, the 30-year-old shopping center is running out of room to keep up with the demand.

Mall developers have not formalized future growth plans, but they never stop thinking about it, says Neil Rudolph, vice president of Crabtree's management company, Plaza Associates.

The two-story mall is landlocked between Crabtree Creek, Glenwood Avenue and Edwards Mill Road, and if the mall outgrows its 1.3 million square feet of retail space, it will have to go vertical.

Read the full article here.



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