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Bull's eye.


How bad does Dallas developer lira LIRA. The name of a foreign coin. In all computations at the custom house, the lira of Sardinia shall be estimated at eighteen cents and six mills. Act of March 22, 1846. The lira of the Lombardo-Venetian Kingdom, and the lira of Tuscany, at sixteen cents. Act of March 22, 1846.  Strode want to jump-start his Park Avenue development in mid-town Little Rock?

Bad enough to give Target Corp. a nearly 8.5-acre site, we're told.

And we understand Strode did just that recently.

Providing a free or next-to-nothing site isn't unheard of Not heard of; of which there are no tidings.
Unknown to fame; obscure.
- Glanvill.

See also: Unheard Unheard
 for an anchor tenant, and Target is viewed as a bell cow for more development opportunity to follow.

You might recall Strode owns 27 acres where the now-razed University Mall University Mall is the name of one of several shopping malls in the United States:
  • University Mall (Tuscaloosa, Alabama)
  • University Mall (Little Rock, Arkansas)
  • University Mall (Pensacola, Florida)
  • University Mall (Tampa, Florida)
 had stood for a generation. That piece of Little Rock cost $21 million.

You also might recall that Simon Property Group Simon Property Group, Inc. (NYSE: SPG), also known as SIMON, an S&P 500 company headquartered in Indianapolis, Indiana, is the largest developer of shopping malls in the United States. Simon Property Group, Inc.  Inc. of Indianapolis ponied up $3 million or so to help make the 2007 deal happen.

Simon was stuck on a 20-year land lease and hammered with a $7 million judgment to upgrade the neglected mall.
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Title Annotation:Whispers
Publication:Arkansas Business
Date:Sep 14, 2009
Words:135
Previous Article:Look to the West.
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