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.
Today is Saturday, Aug. 23, the 235th day of 2014. There are 130 days left in the year.
1864 -- 150 years ago: Telegraph reports state that, about 6 o'clock on the evening of the 20th, Quantrill, with about 800 of his thieves and robbers, surrounded Lawrence, Kan., and burned it to the ground. 1889 -- 125 years ago: Newton Beer's production of "Lost in London," which had a successful run for three seasons, was presented at Harper's Theater. 1914 -- 100 years ago: The German army commanded by Fran Duke Albrecht of Wurtemburg defeated the French army at Neufchmtenu. 1939 -- 75 years ago: John Deere Harvester Works in East Moline is starting a four-story, $104,000 addition to the combine assembly building. 1964 -- 50 years ago: Short Hills Country Club held onto its lead yesterday despite a rally by host Davenport Country Club and claimed the team title in the Sunshine Cup golf series. 1989 -- 25 years ago: Quad-Citians can look forward to more excitement and fun at this year's Rock Island Labor Day parade at 9:30 a.m. Sept 4, say organizers. This years theme is "Celebrate Rock Island."