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Charleston mall space still set to become hotel


Veteran demolition man Rodney Loftis says a $1 million project to tear down the former Sears building in the Charleston Town Center mall will be “a pretty big job, the kind that doesn’t come around in Charleston all that often.”
Calls to KM Hotels developer Mayur Patel went unreturned. Loftis said the plan to tear down the Sears building for a hotel is back on after a two-year delay.
Asked if the project developer was still Patel, Loftis said “Yes, that’s the man I’m working for.”
Under officers, Patel is listed as a member and organizer of QUARRIER ST LLC on the business and licensing section of the Secretary of State’s website. QUARRIER ST LLC owns the Sears building on Kanawha County tax maps, having purchased it in 2018. The limited liability corporation’s business purpose is listed as “accommodation and food services” and “traveler accommodation [hotels, motels, casino hotels, bed and breakfast inns.]†....

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Gazette-Mail editorial: What now for Charleston Town Center?


This editorial was published in the Charleston Gazette-Mail on April 13:
The Charleston Town Center, a down-on-its-luck mall in the middle of downtown that once was the crown jewel of retail shopping in the region and the largest in-city mall east of the Mississippi River, has a new owner and, supposedly, a new future. Just what that will be is hard to tell.
The Hull Property Group, based in Augusta, Georgia, announced it had purchased the mall in a news release issued Monday. So far, a purchase price has not been disclosed. U.S. National Bank acquired the property for $35 million after ownership defaulted on a loan more than two years ago. The bank put the property up for sale in February. ....

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Georgia-based real estate firm buys Charleston Town Center mall


CHARLESTON — A Georgia-based real estate firm has purchased the Charleston Town Center mall, the group announced in a press release Monday
The Hull Property Group, based out of Augusta, Georgia, is buying the property, which went on the market Feb. 3. The release did not provide a buying price.
“We are excited to join the Charleston community and own our first property in West Virginia. The Charleston Town Center can and should continue to be a viable shopping and dining destination,” said Jim Hull, owner of Hull Property Group. “Our goal is to reposition Charleston Town Center by working with Charleston leaders and downtown property owners to create a successful future for not only the mall but the entire downtown area. The first step is to address the exit of national retailers from downtown Charleston while we work together to develop the path forward.” ....

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