Word: malling
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Place, a covered shopping mall in the heart of the California coastal city, he has shown a unique and uncanny ability to blend commerce and showmanship into a magnetizing force in the inner city. In the process, he has also sought to reshape current-day thinking about the functions and rewards of city life. The Rouse philosophy revolves not so much around real estate as around meeting the needs and desires of people?which, to say the least, seemed bizarre to most mortgage bankers when he was starting out. He has more than proved his point, and nowhere more spectacularly...
...Grand Avenue, Milwaukee. A $60 million, three-level shopping mall in the heart of downtown, the development will link two existing department stores three blocks apart. With financing from private and public sources (the Rouse Co. plans to invest about $15 million), the 245,000-sq.-ft. project is constructed around a 1915 landmark, the Plankinton Arcade, which is being brilliantly restored. Estimated completion date: spring...
...eleven cities, among them Miami Beach and Denver. It is bidding against several other organizations for the contract to complete the Faneuil Hall complex by developing 70,000 sq. ft. between the market and the harbor. In Philadelphia, where the four-level Gallery at the Market Street East shopping mall, linking two department stores, was an immediate success?despite doubts that it could flourish in an area that had been a shopping district for poor blacks ?the company is building Gallery II, a similar arcade, and may turn an abandoned commuter train station into a shopping center. Eventually Rouse...
...interest in the monarchy among the young, probably because she gives them, at last, some representation. "Since Lady Diana has come on the scene the royal family have sort of come alive for me," says Rosemary Harrison, 18, who spent three nights with her mother camped out along the mall. "Before, the royal family were something your parents were interested in. But Lady Diana seems so natural and young. We were all a bit jealous, to be honest...
Burlington is one of those towns where almost every building is one-story and surrounded by parking lots. It's a drive-in town; what was once America's largest shopping mall, up the street a very busy McDonald's and Burger King, down the road those big discount houses with name-brand stereos, $179.99 for two weeks only. It's near Rte. 128, and the very smallest computer firms start out here, in the brick office parks put up in the 50s. When they leave, different businesses move in to the treeless complexes. One parking lot has a dance...