Winrock: Rocking once again?
September 21, 2007 by admin
HEARD BEFORE THERE ARE BIG PLANS TO COMPLETELY RE-DO ALBUQUERQUE S WINROCK MALL THE PRIME PIECE OF REAL ESTATE HAS FINALLY BEEN SOLD BUT SHOPPERS STILL ARE NOT SOLD THAT WINROCK WILL EVER COMPLETELY BOUNCE BACK SHELTON DODSON IS LIVE AT WINROCK WITH OUR TOP STORY SHELTON THIS WAS ONCE THE PLACE TO GO FOR ONE-STOP SHOPPING IN ALBUQUERQUE BUT NOW THERE ARE JUST THREE STORES HANGING ON AT WINROCK MALL BUT IF THIS NEW PLAN SUCCEEDS WHERE OTHERS HAVE FAILED WINROCK MAY ONE DAY BE ROCKING AGAIN IT S A BAD SIGN WHEN THERE ARE MORE WEEDS THAN CARS IN A MALL PARKING LOT BUT AN ALBUQUERQUE DEVELOPER IS NOW TAKING HIS TURN AT WHAT S TURNED OUT DISASTROUS FOR OTHERS OVER THE PAST DECADE A COMPLETE MAKE OVER OF WINROCK MALL I would shop there if it had interesting stores and stuff like that and more people It just died off DETAILS OF THE SALE HAVE STILL NOT BEEN MADE PUBLIC BUT IT S ESTIMATED THE 83-ACRES WENT FOR AT LEAST 50- MILLION DOLLARS A HUGE GAMBLE GIVEN THE COMPETITION OF A- B-Q UPTOWN WHICH IS STILL BUILDING ON RIGHT NEXT DOOR What they really ought to do is develop more commercial space office buildings in this area and residential space and then I think you would have the traffic for a re-done Winrock Mall WHILE NO FORMAL PLANS HAVE BEEN SUBMITTED IT S PRESUMED THAT S EXACTLY WHAT WILL HAPPEN WITH ONE OF THE BEST PIECES OF COMMERCIAL REAL ESTATE IN THE CITY WHATEVER THE PLANS INCLUDE IT COULD TAKE A DECADE TO COMPLETE AND GIVEN ITS PAST FAILURES PEOPLE ARE NOT ABOUT TO HOLD THEIR BREATH I m old enough that I don t buy green banana so I will have to wait and see THAT S ALREADY A SNAG THE DEVELOPER IS FACING A FEDERAL LAWSUIT BY A FORMER PARTNER WHO HELPED BROKER THE DEAL BUT CLAIMS HE WAS FROZEN OUT AT THE LAST MINUTE LIVE IN NORTHEAST ALBUQUERQUE SHELTON DODSON EYEWITNESS NEWS FOUR



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