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Cypress Equities previews Monroeville Mall redevelopment; Walmart to retain store
Summary
Cypress Equities told Monroeville council on Oct. 14 that it plans a multi-phase redevelopment of the Monroeville Mall site, with Walmart keeping its store and parking lot; the developer committed to a public town hall before submitting formal applications.
Cypress Equities representatives on Oct. 14 introduced preliminary plans for redeveloping the Monroeville Mall site and said Walmart, which owns the anchor store and its parking area, will retain its property while Cypress will develop the remainder.
Scott Harrington, who runs Cypress Equities’ East Coast operations, told the council the company acquired the mall in January after being awarded the project in mid-November and is working through multiple concept iterations. “When we bought them all in January, there were 142 merchants operating in the mall,” Harrington said, adding that…
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