Current owners of the South Gate mall are planning to remain energetic in progress of the areas adjacent to the mall even after the mall itself has taken over via an Ohio investment group as MTN information said Saturday the Washington high workforce introduced it used to be purchasing South Gate mall for 58 million dollars in a fourth-quarter convention call with investors late last week the deal will close out the local possession of the mall through developer Peter Lambros and his partners who first opened the small within the early 80s the sale comes because the regional staff is virtually wrapping up a important updating and enlargement of the mall including a new fortunate’s market an AMC theater to anchor a city middle technique on the mall South end however Lambros and his partners plan to stay actively concerned in the mall district he tells MTN news the workforce will now be transferring its focus onto the planned residential development on the southwest corner of the South Gate property that’s genuinely been part of the mall redevelopment notion for the earlier a few years lambreaux says he totally expects the mall sale to be finalized in the 2nd quarter
