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Adams explains The SoNo Collection to real estate-minded audience
Updated, 1:36 p.m.: Copy edit. NORWALK, Conn. – The SoNo Collection is on track to open on Oct. 11, 2019, Doug Adams said last week. “Mainly because we don’t have a choice. That’s our date and we hit our dates. The retailers are very particular, they do a lot of preparation for opening and we…
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GGP exec rebuts ‘pure speculation’ about SoNo Collection
NORWALK, Conn. — Nothing is changing with The SoNo Collection, Mayor Harry Rilling said. Leaders of GGP, the developer of the mall dubbed “The SoNo Collection” now under construction on West Avenue, have agreed to a buyout proposed by Brookfield Property Partners L.P. GGP exec Kevin Berry on Wednesday clarified that “Brookfield has proposed to…
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King: Westport and Greenwich stores may migrate to The SoNo Collection
Updated, 1:34 p.m.: Comment from Doug Adams. Minor edits. NORWALK, Conn. — The business community is excited about The SoNo Collection, Norwalk Planning Commissioner Nora King said. “I am working on a large commercial project right now, retail based. I have been on the phone with a lot of brokers from New York City to…
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Retail job-hopefuls graduate NCC class
NORWALK, Conn. — Norwalk Community College has produced its first group of potential employees for The SoNo Collection. The college on Wednesday held a graduation ceremony for its first Retail Customer Service and Sales certificate program, offered after GGP awarded a $250,000 grant to the Norwalk Community College Foundation. Video by Harold Cobin at end…
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GGP considering $14.8 billion takeover offer
NORWALK, Conn. — Brookfield Properties’ attempted takeover of GGP, the mall developer building The SoNo Collection here, is official. Last week, GGP’s stock prices jumped on reports that Brookfield was seeking to buy a significant amount of stock. On Saturday, GGP released a statement confirming Brookfield’s major move.
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GGP’s stock on the move – upward
NORWALK, Conn. — Stock prices of GGP, the company building The SoNo Collection, have risen sharply on Tuesday. The stock was up 15.9 percent as of 3:21 p.m., Seeking Alpha reported.
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GGP CEO: Anchors not giving up on The SoNo Collection
NORWALK, Conn. – Bloomingdale’s and Nordstrom are intent upon maintaining their proposed footprints in The SoNo Collection, GGP CEO Sandeep Mathrani said Tuesday. Mathrani’s comments were part of GGP’s third quarter earnings report-inspired question and answer conference call.
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Norwalk officials join GGP execs for SoNo Collection groundbreaking
Updated 8 p.m.: Minor edits. NORWALK, Conn. – The SoNo Collection has officially been christened. “People should appreciate that you may not see another mall get built in America for the next decade,” GGP CEO Sandeep Mathrani said Wednesday, as he and Norwalk officials lead a groundbreaking, standing where the mall’s restaurants are expected to…
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GGP greenlighted for hotel-less SoNo Collection
Updated, 5 p.m., clarification; 1:22 a.m.: Full story. NORWALK, Conn. – A deal specifying a $3.5 million payment to Norwalk, in lieu of a hotel atop The SoNo Collection, was approved Tuesday by the Common Council. The vote to accept the terms that would allow GGP to build its mall without a hotel, hammered out…
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GGP’s hotel-less mall hitting ‘homestretch’
Correction, 7:31 p.m.: GGP originally said construction would begin in 2015. NORWALK, Conn. – Norwalk could be figuring out a correct economic metric to value to its loss of a hotel right off Interstate 95, Deb Goldstein said. GGP really could walk and abandon its site if the numbers don’t work, Common Council member Michael…
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Norwalk Council set to consider GGP’s hotel-less mall next week
NORWALK, Conn. – Opinions from the public Monday were weighted against building The SoNo Collection, as currently desired by GGP. “The presence of a hotel on the city’s skyline speaks volumes. It’s welcoming and it speaks to the city’s success… what would compensate the city for the loss of this status symbol?” Sally Marsico asked…
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Norwalk – a sliver, anyway – weighs in on The SoNo Collection
NORWALK, Conn. — The debate continued Tuesday, with three GGP supporters giving one point of view to the Common Council, and a persistent critic offering rebuttals. “It’s boggles my mind that we have to have more of these meetings,” mall supporter Wini Mola said, at the first public hearing on GGP’s request to modify the…