My sources tell me that Walmart has abandoned their plans to build a store in LPSC and the center has been sold. The new managemant plans to to renovate and remarket the center with agressive advertising and annoucing that the spaces are available for lease once again. To me this is great news. A Walmart is not needed (or wanted IMO) considering that they have a brand new Supercenter just a few miles north in Dearborn.
I hope that the management team is successful at revitalizing LPSC. It really has a lot of value and I would hate to see its potential go to waste andy longer.
Next up:
Fairlane Town Center : Bucking the Trends
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