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The American Dream Mall Had Retail Problems Before Coronavirus. Now, They’re Worse.

Don Ghermezian, who is overseeing the project for Triple Five, said in April that he had made a strategic shift in the makeup of the complex, from a 55%-45% entertainment to retail split to 70% entertainment, 30% retail mix.

But as analyst Lisa Washburn, managing director at Municipal Market Analytics noted in the Bond Buyer, that shift likely was driven by the challenged retail sector “rather than a demand-supported strategic business decision.”

https://www.forbes.com/sites/joanverdon/2020/06/14/the-american-dream-mall-had-retail-problems-before-coronavirus-now-theyre-worse/#7871d10473e4

Tim Holler