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Message Boards Settings Macerich Company (MAC) - Quote Info
MAC destroyed the SM Mall     28-Oct-09 10:52 am    
What a bunch of geniuses at MAC. They destroyed a perfectly good mall in Santa Monica, embarked on a multi year construction project during which NO revenue from that site is coming in, and plan to turn it into a super high end Bloomingdales/Nordstrom/expensive restaurant mall -- just as we enter the biggest recession in decades.

And to top it off, they ripped off the roof -- a perfectly good roof -- of the old mall, so now shoppers won't come when it's really hot or cold or raining.

I grew up with the Santa Monica Mall and I really can't wait to see this project fall flat on their face. This company has really bad karma for destroying such a great iconic building and I wish them nothing but failure!!!


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boalt1997

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  Subject Author Rating Time of Post (ET)  
 
MAC destroyed the SM Mall
boalt1997
Online Now
Not rated 28-Oct-09 10:52 am  
 
Just another example of why Bob Congel's Destiny/A...
poobah_brin... Rate it 28-Oct-09 11:41 am  
 
First, the mall in Santa Monica was a chronic unde...
dana2k_us (2 Ratings) 29-Oct-09 04:31 pm  
 
Well put. Not to mention the Grove. They ar...
mideasternp... Rate it 30-Oct-09 12:07 pm  
 
They could have just remodelled it! Besides,...
boalt1997
Online Now
Rate it 5-Nov-09 10:16 am  
 
expanded in scottsdale too and the reason they des...
jrwjr314 (1 Rating) 30-Oct-09 09:22 am  
 
SPG follows the same formula. Buys dated pro...
mideasternp... (1 Rating) 30-Oct-09 12:09 pm  
 
Macerich knows about all there is to kno...
jobsyrch (1 Rating) 8-Nov-09 11:37 pm  
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Macerich Co. (MAC)

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On Dec 16: 31.94 0.00 (0.00%)
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