In an era when shopping malls are fading into oblivion, the Asheville Mall has no intention of following suit. Part of its strategy? Living there.
A preliminary permit plan submitted last month by Seritage SRC Finance LLC to the city's development services department details a $45 million redevelopment project in and near the mall's Sears store.
Plans show the addition of restaurants, retail stores, a 10-screen multiplex movie theater and a six-story structure with 204 multifamily housing units. It likely would be among the largest single investments at the facility since it was built in the early 1970s. . . .more