Lakeside Mall in Sterling Heights to permanently close July 1
Once known for its luxury retail stores, Lakeside Mall has experienced an exodus of tenants and today occupancy is down to about 20%.
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Once known for its luxury retail stores, Lakeside Mall has experienced an exodus of tenants and today occupancy is down to about 20%.
Hawthorn will be hoping that a pattern from early this century repeats this Sunday.
The mall is slated to close July 1, with groundbreaking for a $1 billion development expected for late 2025, officials said today.
The Florida-based developer who purchased the property in 2019, Lionheart Capital, has plans to turn the mall into a mixed-use retail, office, and residential space.
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