DEPARTMENT STORE, EATERIES TO OPEN AT MALL IN LATE '99.Byline: Jim Skeen Daily News Staff Writer A Dillard's department store and two restaurants will be added to the Antelope Valley Mall The Antelope Valley Mall is an enclosed shopping mall in Palmdale, California. Opened in September, 1990, its buildings take up around 1 million square feet (90,000 m²). Its physical main building, parking lots, and ring road businesses encompass an area a bit less than 0. , ready in time for Christmas 1999, Palmdale officials said Tuesday. Grading work is under way for the project on the north side of the mall's northern parking lot. The work will include moving a road that encircles the parking lot and providing parking to replace spaces that will be taken over by the Dillard's store. ``They have been going through plan checks through most of the summer,'' said Councilman David Myers. ``Unfortunately, it won't be open this Christmas. It'll be open by the summer of '99.'' Plans call for the Dillard's to encompass approximately 150,000 square feet just north of the Oasis food court. The Dillard's will be the mall's first two-story store. In addition to the proposed Dillard's store, plans call for adding two restaurants along the ring road, and 12,000 to 14,000 square feet of shops that would connect the main mall The Main Mall was an outdoor pedestrian shopping plaza in downtown Poughkeepsie, New York, which was in existence from 1973 until 2001. A urban renewal project designed with the intention of stopping the decline of the central business district of downtown Poughkeepsie, the mall to Dillard's. One of the restaurants will be an El Torito The format developed by Phoenix Technologies and IBM that has become the standard for creating bootable CD-ROMs on the Intel platform. El Torito provides only the format. In order to make a CD-ROM bootable, the correct boot images must be placed on the disc, and the target computer must , Mayor Jim Ledford said. The other eatery has not been identified. On Feb. 11, the City Council agreed to subordinate a $2 million city loan to the $50 million mall's developers, Ohio-based Forest City Enterprises, to refinance Refinance 1. When a business or person revises their payment schedule for repaying debt. 2. Replacing an older loan with a new loan offering better terms. Notes: When a business refinances they typically extend the maturity date. the initial construction loan. The city had originally required that the $2 million, loaned to Forest City in 1989, be repaid if the mall were sold or the initial mortgage refinanced. In September, Palmdale offered to reimburse Dillard's up to $2 million for improvements made for the store. The money would come from sales tax sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government. generated by the site. Dillard's will become the sixth anchor for the Antelope Valley Mall, which opened in 1990. The other anchor stores anchor store n. A large store, such as a department store or supermarket, that is prominently located in a shopping mall to attract customers who are then expected to patronize the other shops in the mall. are Harris, Gottchalks, J.C. Penney, Mervyn's and Sears. Based in Arkansas, Dillard Department Stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. Inc. has 263 stores in 26 states. In January 1997, it agreed to buy 10 Mervyn's department stores in Florida from Mervyn's owner Dayton Hudson. CAPTION(S): Photo PHOTO (Color) (Ran in AV Edition only) Grading work continues Tuesday at Palmdale's Antelope Valley Mall for a Dillard's department store. Jeff Goldwater/Daily News |
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