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Question of the Day - 24 October 2010

Q:
Can you find out was exactly is going on at the Las Vegas Outlet mall? They seem to be in the midst of a large expansion but they aren't talking yet.
A:

Mall management wouldn’t return our calls, either. According to Clark County spokesman Dan Kulin, a 66,092-square foot enlargement of the mall is underway, at an undisclosed cost. When Simon Property Group’s expansion is completed, Las Vegas Outlet Center will have space for 11 new stores, bringing its grand total to 140.

On a less happy note, it was revealed in late August that nearby and very popular Town Square is in foreclosure. Mall developer Turnberry Associates has had a run of bad luck, both in Florida and with the disastrous Fontainebleau casino-resort, which sits unfinished on the Las Vegas Strip. It went into bankruptcy and was bought by Carl Icahn, who recently sold many of Fontainebleau’s furnishings and uninstalled furniture.

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