Tonawanda News

Local News

October 12, 2012

Town of Niagara officials believe Factory Outlets will be expanding into Sabre Park land

Tonawanda News — The Factory Outlets of Niagara Falls mall may be planning an expansion.

Town of Niagara board members discussed the mall’s expansion during a budget meeting on Wednesday night but said that they had been offered no specifics by Macerich Partnership L.P., the company that owns the mall.

Charles Teixeira, a town board member, said that the town has not received any documents from the company outlining their plans for the expansion.

“There’s nothing technically of an expansion, per se, in writing,” Teixeira said. “It’s all hearsay.”

Macerich bought the neighboring Sabre Park mobile home park at a foreclosure auction last Friday. The company bought the lein on the property, then used a newly formed subsidiary, Fashion Outlets II, LLC, to purchase the park for $4 million. 

Karen Maurer, a Macerich spokesperson, said that gaining ownership of the land has allowed the company to begin exploring expansion options.

“The outcome of the auction gave us the opportunity to reach out to retailers and other stakeholders to test interest, but no plans have been set,” she said.

Maurer said the company plans to keep all leases held by residents of the park. “First and foremost we’re committed to honoring the rights of residents,” she said.

The company bought the mall for approximately $200 million last July.

Macerich has retained M. Shapiro Real Estate Group, the Michigan-based company hired to manage the park during foreclosure proceedings, as the park manager.

Maurer said that until the deed has been recorded, which should happen early next week, the company is not allowed to have any direct contact with residents.

“(Residents) need to talk to the park manager with any individual concerns for now,” she said.

Michael Risman, the town’s attorney, confirmed that there has not been any documents submitted related to an expansion of the mall.

Text Only
Local News
Featured Ads
Seasonal Content
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Facebook
Front page
NDN Video
Raw: 2 Shells Hit Fuel Tank at Gaza Power Plant Raw: Massive Explosions From Airstrikes in Gaza Giant Ketchup Bottle Water Tower Up for Sale Easier Nuclear Construction Promises Fall Short Kerry: Humanitarian Cease-fire Efforts Continue Raw: Corruption Trial Begins for Former Va Gov. The Carbon Trap: US Exports Global Warming UN Security Council Calls for Gaza Cease-fire Traditional African Dishes Teach Healthy Eating 13 Struck by Lightning on Calif. Beach Baseball Hall of Famers Inducted Israel, Hamas Trade Fire Despite Truce in Gaza Italy's Nibali Set to Win First Tour De France Raw: Shipwrecked Concordia Completes Last Voyage Raw: Sea Turtle Hatchlings Emerge From Nest Raw: Massive Dust Storm Covers Phoenix 12-hour Cease-fire in Gaza Fighting Begins Raw: Bolivian Dancers Attempt to Break Record Raw: Israel, Palestine Supporters Rally in US Raw: Air Algerie Flight 5017 Wreckage