Gee, the usually rah-rah suspects who cannot shut up when Charlotte gets major media attention are strangely silent on the big Wall Street Journal spread detailing the death of the American shopping mall, poster-child Eastland Mall.
Money quote:
Charlotte city officials have lined up resources to help reinvent the mall, including $20 million in public financing. They acknowledge that finding a developer willing to underwrite the additional $180 million needed to turn Eastland into a mix of housing, shops and parks will be tough.
In other words, the Journal just told the world that the city’s current leadership is out of their damn minds. Shhh, maybe no one will notice.
