MASON CITY, Iowa – Plans to remodel Southbridge Mall into a big household leisure hub bought preliminary help Tuesday night time from the Mason Metropolis Metropolis Council.
David Rachie of Gatehouse Capital, who’re additionally constructing a brand new lodge and conference middle subsequent to the mall, advised the Council they’ve determined to buy the mall itself. Rachie says they realized it wouldn’t do the lodge challenge any good to have a useless mall behind it. He says Gatehouse expects to finalize buy of the mall inside 90 days.
Rachie praises Southbridge Mall as being very profitable for a number of a long time however says it must be repurposed to suit a altering financial system. Gatehouse’s plan for the mall would maintain the few retail places that stay and reopen the movie show whereas including a bar and sports activities corridor of fame involving Iowa Hawkeye broadcaster Gary Dolphin, a brewery/beer backyard, a pizza place, a comedy bar, a bowling alley, go-kart tracks, golf simulators, and an arcade.
The Council voted Tuesday night time to set a June 1st public listening to on amending the Mason Metropolis Downtown Reinvestment City Renewal Plan to accommodate the Gatehouse mall challenge.