The program has started slow and small, with two weekend pilot retreats in June, MacMillan said.”Reconciliation really needs to be led, I believe, by First Nations people, and supported by public government,” said Pasloski.After failing multiple drug tests while on probation, Horner ended up in the YSS residential treatment program this summer. Upon leaving, he plans to relocate to the Quad Cities, where his mother now lives.
www.factory shop A Retail Anomaly
Penney, Macy’s and Sears shutter in waves, leaving the malls they anchor struggling to survive, developers of a new enclosed shopping center are betting on the wealth of Fairfield County.
Just off Interstate 95 and a few hundred yards from the bustling South Norwalk district, the SoNo Collection is under construction. Developers and officials hope the mall will draw people from across Fairfield County and towns beyond.
The SoNo Collection, scheduled to open in 2019, will be the fourth mall in the state’s largest and wealthiest county. It will feature southern Connecticut’s only Nordstrom and Bloomingdale’s, while providing non retail experiences with restaurants, sculpture and rooftop gardens and a potential museum.
Ground broke in October on the $525 million project, which includes 70 shops, along with restaurants, a central courtyard and children’s play area.
Under an agreement with the city, GGP will pay only half its property taxes for its first seven years, according to city economic development director Elizabeth Stocker. The mall is also expected to create nearly 2,500 full time jobs once it opens.
It will join the Stamford Town Center, Trumbull Mall and Danbury Fair Mall in Fairfield County, which boasts a median income of $84,233. Spending power is even greater in the the lower half of the county, known as the Gold Coast.
GGP claims shoppers in its trade area make $141,549 on average and are underserved by retail for that amount of disposable income.
Its the company’s only project currently being built from the ground up as opposed to upgraded, said Doug Adams, senior director of development.
SoNo Collection will also have competition in the recently redeveloped Bedford Square shopping center in downtown Westport that’s 80 percent occupied, says Waldman, one of its developers.
An 8,500 square foot Williams Sonoma will open soon.
“I would hate to be under construction now and trying to lease simultaneously to (SoNo Collection) because clearly, a retailer looking at downtown Westport is going to be looking at them too,” said Waldman, who lives in Norwalk. “I wish it wasn’t going to be a mall.
“That being said, my wife is super thrilled.”
Taubman, the company that owns the 726,000 square foot Stamford Town Center, also acknowledged the new mall could hurt sales at first.
“We expect that will diminish over time as restaurants and retailers determine their preferred market and customers choose their preferred experience,” spokesperson Maria Mainville said.
Company wide, Taubman malls had sales of $802 per square foot and an occupancy rate of 96.3 percent over the past 12 months, according to its November report.
The mall has also attracted some exclusive restaurants in recent months, namely the first eatery in the country by country group Rascal Flatts, which opened in August, and the first New England location of West Coast pizza chain Pieology, which held a grand opening Friday.
Macerich Co., which owns Danbury Fair, and Westfield Corp., which owns Trumbull Mall, did not respond to requests for comment.
Reymiliz Rodriguez, general manager of a screen printing shop at Trumbull, said she’d looked at SoNo Collection as a business opportunity but decided against trying to open a new location there. She added that sales have been way down as it is, making her wonder how the new mall will survive even if it steals away customers from shops like hers.
“I don’t think they’re going to be able to make the money back on their investment, if you ask me,” Rodriguez said.
But Adams said the mall is already 60 percent pre leased, including its anchors. And many shoppers at Trumbull and downtown Westport last week said they would visit SoNo Collection, especially if it offered something new and different.
Adams said people should expect a more organic experience from SoNo Collection than a typical mall, with plazas and gardens aimed at pulling shoppers in from the street, up to the top levels, and back out to the city again.
“We think it’s about time,” said Stephanie Santilaire of Ansonia, who was browsing for kids’ clothing with her family. “Norwalk is up and coming so I was surprised it took so long.”
The city is undergoing a development boom with about 1,500 apartments being built in the last five years. That includes the Sheffield SoNo, right behind the site of the future mall, where one bedroom units go for about $2,000 per month.
Another 1,500 new apartments are in the works, Stocker said.
“I think Norwalk has always been a destination but more recently there’s more people taking notice,” she said. “I think there’s a critical mass here and a great opportunity for this to finally take hold.”
The Red Cross said the company covers all expenses and it generates reliable income.”The M opportunities in 2018 would remain robust given the fact that lot more assets continue to remain under stress. Several big ticket projects referred to the NCLT (National Company Law Tribunal) under the Insolvency and Bankruptcy Code would see change in promoters in areas like real estate, steel etc,” Assocham Secretary General DS Rawat said.That not to say the Renegade is not without charm. The speakers and seatbacks designs are inspired by the Wrangler grille while there a satisfying chunkiness to many of the controls and surfaces.I wasn’t impressed by the copper, uranium and silver presentations. Reasons? They looked like clichs to me; more like some apocalyptic Tom Cruise/Hollywood movie. Because most of all that was said was the same old same: a catastrophe that cannot be averted is about to unroll the upcoming demand is huge and about to blow metal prices through the roof. It is about the unstoppable growth of the world’s population and their need for a better life, for Western type products, which translates in an increased need for metals. Well, here we go: January 2009, fundamentals are the same but I don’t see any spike in metals demand only because billions of people want a better life and more products. Au contraire. That simply means that other factors are also at play.