A Tale of 2 Malls
Tuesday, August 24th, 2004What happens when malls outlive their usefulness or the community around them shifts? What becomes a retail box rejected?
2 cases provide an interesting case in point. Lindbergh Plaza and North Dekalb Mall. Both projects were built in the 1960s and have suffered in recent years. Both were supposed to get a boost with serious redevelopment and a shift in area demographics. The process seems underway for North Dekalb, but what of Lindbergh Plaza?
Lindbergh Plaza was once the home to a wide variety of stores including K-Mart, but has fallen on tough times. Several French restaurants, movie houses, clubs, and prominent retailers filled its spaces. Bennie’s Shoes, a community institution, was there for 20 years but has since moved. The current shopping center has supposed to be replaced with a combination of retail, office space, and housing, but construction and plans are yet to materialize.
North Dekalb Mall seems more likely to get moving. It was recently sold by Canadian owners to folks who live in Dekalb and, according to the Atlanta Business Chronicle, they plan to make the kind of changes slated for Lindbergh as well. Signs (literally) are in evidence of the changes.
The signs are coming down. The construction equipment is moving in. Hendon properties is making the pitch for building a viable community by re-using the mall.
What is stopping this from happening at Lindbergh? Surely North Dekalb Mall is the bigger gamble. Surely access to the Lindbergh Marta Station, the Buckhead Area and the demand for a short commute from Bell South workers makes this an easy redevelopment.
Meanwhile it all sits idle. Not pretty.