Port Charlotte is a small town located on the Gulf Coast of Florida. A 50 percent chance of rain is possible. Port Charlotte is a great place to retire due to its low cost of living, as well as its numerous desirable amenities. Its median household income of $52,908 places it among the states cheapest places to live. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, No Major Offer Expected on Childcare in UK Budget, Biden Gives Medal of Honor to Trailblazing Special Forces Member, Climate Change Is Launching a MutantSeed Space Race, UK Braces for Rare Weather Event That Risks Late-Winter Freeze, What Do You Want to See in a Covid Memorial? While it is not as well-known as some of the other towns on the Gulf Coast, Port Charlotte is slowly becoming more popular as a tourist destination. United States. Because of the Covid-19 pandemic, there are many vacant storefronts in the city, and the mall could be an excellent location for the mall owner to invest in the area and bring new businesses in. Bondholders now own the property, and the debt has been retired. The retail world has been slammed first with consumer habits shifting to online shopping, then in 2020 with the pandemic when stores and restaurants were shuttered. These businesses have helped to keep the unemployment rate low and attract new businesses. If there are no objections over the next 10 days, the lender will take ownership of the mall. Our Florida store sells a wide range of Florida lifestyle products such as clothing for women and men, as well as childrens clothing and shoes. Several shoppers were dismayed upon being told the mall owner was facing financial challenges. Soon, however, [], With red tide blooming along the Southwest Florida coast, you may wonder if there is anything you can do to help, and it turns out you can. Old Navy is a popular store for families and individuals of all ages, and it is a great place to find clothing for any occasion. According to the Bureau of Labor Statistics, the citys median household income was $55,680, which was lower than the states $71,061 and the nationals $53,657. There are salons that specialize in hair styling and color, as well as eyelashes and eyebrow coloring. Families and singles can expect a low cost of living and a variety of job opportunities, making it an appealing option for those looking for work. Therefore, although the center has been auctioned, the property is not closing; it will remain fully operational, and no change in management is anticipated., Tim Aten Knows: More coming to Founders Square, NCH presents design concept for five-story heart institute, Estero considers ordinance to establish standards for elevated single-family homes, The Cave golf simulator, bar opens off Corkscrew Road in Estero, La Ola restaurant to join displaced island businesses at Bell Tower, Sweet couple opening Sweet Couple cafe in North Naples, Old Time Pottery permanently closing store in Bonita Springs, Collier County to evaluate use of vehicle noise cameras, WINK-TVs March to a Million Meals campaign to provide 1.2M meals for Southwest Floridians, Allegiants Sunseeker Resort set to open in October in Port Charlotte, Naples Beach Club presents new plans for mixed-use multifamily development, Port Charlotte Town Center ownership stays with bondholders after $100K auction. Daniel Wells registered the Shop Downtown trademark for the first time on February 14, 2013, based on the initial use of the mark in commerce. It was built in 1989 and is located in the citys center. PC Mall LLC, a group of bondholders, now owns the title to the 54-acre property, which opened in 1989 off U.S. 41 and Murdock Circle in Port Charlotte. Full-Time. Create a password that only you will remember. $20 Hourly. Volusia Mall, FL WINK News has reached out to local experts and law enforcement to find out [], Starbucks is changing its rewards program, requiring you to accrue more points before you qualify for free items, and Southwest Florida customers arent pleased. With a variety of stores and shopping centers, you are sure to find what you are looking for. One of the biggest issues people are dealing with when it comes to insurance after Hurricane Ian is property damage. One of the citys major advantages is its diversity as well as its economy. John Scherlacher, director of marketing for the Port Charlotte mall, said he was not authorized to speak on behalf of the Washington Prime Group and he referred The Daily Sun to an email address. Macys in Port Charlotte closed on March 17, 2020. Some malls might not survive. He hadnt heard anything, and expressed frustration. We kept asking, Is it OK for us to move forward? , Admitting business has been slow for him, he added, Business has been slow for everybody.. Your account has been registered, and you are now logged in. Washington Prime Group does not comment on market rumors. As a result of a lower-paying hospitality industry, tourism, health care, and fishing industries, the citys household income is likely to be lower. Many cars are stuck in long lines at the towns few gas stations. PORT CHARLOTTE The Promenades Mall owner submitted a redevelopment plan with 1,100 apartments, office and retail space all mixed together adjacent to the Charlotte County's hospital hub. Im not surprised, Tringali said. Its home to some of the best beaches in Florida, including North Bay Village, North Fort Myers, North Miami Beach, and North Palm Beach. Its 52-week high was $19.71 hit on March 9, 2020; its low was $1.69 on March 5 this year. In Naples, city council authorized the city manager to spend up to $100,000 to expedite the cleanup of dead fish within the city waterways []. Threats of harming another Owners of the $44.8 million bankruptcy note submitted the winning and only bid of $100,000. 54-acres of shopping centers and stores are now in new hands. From 1976, the Crows Nest Restaurant, Tavern, and Marina in Venice, FL has been serving the areas residents. As Charlottes economy grows, it is becoming an increasingly popular area to live in, making it an appealing place for new residents to call home. The Port Charlotte Town Center, which opened in 1989 near. We counted nearly three dozen empty storefronts and restaurants at Port Charlotte Town Center. Nearly all cold and frozen items are present on the shelves of Publix. +0.60 +0.41%. This is the name that will be displayed next to your photo for comments, blog posts, and more. The decision to close the mall was made by its owner, Simon Property Group, after a careful review of the property. In Charlotte, empty storefronts can be seen throughout the Northlake Mall in early February 2021, roughly a year before the Covid-19 pandemic. In one section of the mall off the food court, several store spaces in a row remain vacant. 21254 Peachland Blvd, Port Charlotte, FL 33954. The other side is near Fawcett Memorial Hospital and ShorePoint Health Port Charlotte. The property transitioned into mixed zoning in late 2020. The mall was a major employer in the area, and its closure will lead to the loss of hundreds of jobs. It is Tuesday, April 4, at 11:59 p.m. At 5 to 10 p.m., the wind is expected to blow NE. Burdines replaced Belk-Lindsey as the malls tenant. Rich Malpedo, whove lived in Port Charlotte for 41 years, said he was at the malls grand opening in 1989. 1. Gotta ride to Fort Myers or Sarasota, and when youre a senior you cant always do that.. . Dont miss out on great deals every day, such as free shipping, exclusive rebates, and incredible deals. It has over 150 stores and restaurants, as well as a movie theater. As a result, these areas are less prosperous, and the citys median household income is lower than in other parts of the city. Read the original article on Business Insider, Pour Salt Down Your Drain At Night, Here's Why. Top Places to Visit in Port Charlotte, Florida: See Tripadvisor's 24,940 traveller reviews and photos of Port Charlotte attractions. The mall is open Monday through Saturday from 10am to 9pm, and Sunday from 12pm to 6pm. Consider These Factors, Bayside Mall: A Popular Shopping Destination In Toronto, The Pros And Cons Of Teen Curfews In Shopping Malls, The Americana At Brand A Luxury Shopping Mall In Los Angeles To Close Its Doors, The Importance Of The Quinceanera Dress And Mass, As Electric Cars Become More Popular Free Charging Stations Are Popping Up Across The Country, The Fashion District: A New Shopping Mall In Philadelphia. Promenades Mall Florida - FL, Port Charlotte. The Port Charlotte Mall was sold to a new owner on March 1, 2019. USD. At the food court, gone are Subway and Starbucks, although the majority of businesses there have remained open. Business at the Port Charlotte Town Center mall has been slammed by both the pandemic and shoppers preferring to purchase their items online. Port Charlotte Town Center. Port Charlotte mall owner files for bankruptcy Pandemic cited as factor By NANCY J. SEMON STAFF WRITER Jun 14, 2021 Updated Jul 20, 2022 0 Business at the Port Charlotte Town Center mall has been slammed by both the pandemic and shoppers preferring to purchase their items online. Throughout the mall, signs like this are displayed in front of vacant stores, and one in front of the Ruby Tuesday. . Port Charlotte Mall 17 Shopping Malls By sndykng661 This mall actually has stores in it, where as a lot of the malls up north are closing down with Tenants moving out, and. However, a spokesperson for Washington Prime Group told us the company doesnt comment on, market rumors, and wouldnt elaborate further. Farmingdale: 251 Airport Plaza Blvd. Between poor water quality and damage from Hurricane Ian, this years wildlife surveys hold extra weight, and researchers are paying special attention to Floridas winter shorebird count. The group secured $100 million in new funding to support its day-to-day operations so it can continue in the ordinary course without interruption, the statement continued. Check out our Physician needs in the neighboring town of Punta Gorda! 7.Captain Ted's Tackle. The Port Charlotte Town Center has been vacant since the bankruptcy auction in March, when the only bidder offered $100,000 dollars. $275,000. Port Charlotte, along Florida's welcoming Gulf Coast, is about halfway between Sarasota and Fort Myers, perfectly positioned to offer every manner of water-borne activities. Based in Columbus, Ohio, the company filed for Chapter 11 on Sunday, claiming that COVID-19 created significant challenges and that the move is necessary.. Port Charlotte Town Center is located in Port Charlotte, Florida and offers 76 stores - Scroll down for Port Charlotte Town Center shopping information: store list (directory), locations, mall hours, contact and address. Email melissacrypto253@gmail.com. You have permission to edit this article. Gammon was asked for his crystal ball take about when the next chapter of the Port Charlotte Town Center would play out. Port Charlotte has a very stable real estate market, with the median home price being $349,760. The company filed for bankruptcy in the spring of 2020, having endured years of declining sales before the lockdowns began, and planned to close almost 30% of its locations. In 2012, the Port Charlotte Town Center was purchased by Simon Property Group, one of the largest shopping mall operators in the United States. You can find fast food, sit-down restaurants, and even a food court with a variety of choices. Success! Bond holders won the high bid of $100,100 at the online auction for the Port Charlotte mall on Monday. The 54-acre property, which opened in 1989 off U.S. 41 and Murdock Circle in Port Charlotte, has now been purchased by PC Mall LLC, which is a group of bondholders. Theaters Nearby Frank Theatres Galleria Stadium 12 (16.9 mi) All Movies 65; 80 for Brady; All Quiet on the Western Front . A modern, casual dining experience complemented by award-winning handcrafted wines is what Coopers Hawk Winery Restaurant is all about. Where it is, its an absolutely fantastic location, the center of our community, he said. The mall is currently occupied by only 5% of its customers. Each downtown has its own page in the directory, where merchants can offer discounts. 4 Beds. But some people are wondering: how quickly will it happen? Instead of going through the hassle of collecting debt, they now own the land. The mall will also be getting a new name: The Shoppes at Port Charlotte. Rapper, chef and author Action Bronson takes us on a journey from his early days at culinary school, to releasing critically acclaimed albums, to writing books, starring in TV shows and building an iconic brand around his favorite interests. Mall will soon be no more, says Charlotte County. Saturday 10:00 AM to 9:00 PM. Nearby Recently Sold Homes. Closed until 11:00 AM (Show more) (941) 624-4447. Points of . On Sunday, September 9, at 12:00 a.m. After businesses reopened, some could not sustain their losses. PORT CHARLOTTE, Fla. (WFLA) Driving down US-41 through North Port and Port Charlotte reveals the effects of Hurricane Ian on life there. Est. We intend to continue business as usual at Washington Prime Groups properties, where our tenants, sponsors and employees will continue operating as normal, with a focus on providing safe and enjoyable experiences for our guests.. She helped a family friend who was stranded by herself, and she spent the day filling her gas tank. Located in Port Charlott See more A fully enclosed shopping destination, Port Charlotte Town Center is the perfect place to stop on warm or rainy Florida days. The Port Charlotte Town Center is a mall in Port Charlotte, Florida. The group secured $100 million in new funding to support its day-to-day operations so it can continue in the ordinary course without interruption.. Will His AI Plans Be Any Different? Residents are hoping the mall doesnt go anywhere either. Port Charlotte, FL Shopping The Best 10 Shopping near me in Port Charlotte, Florida Sort:Recommended 1. Employees were informed today, per Bloomberg @wsoctv pic.twitter.com/cxscbbTCzz, Joe Bruno (@JoeBrunoWSOC9) March 2, 2023. Charlotte County's only indoor shopping mall will be auctioned off to the highest bidder at a foreclosure sale later this month. Port Charlotte is known for its laid-back lifestyle and Old Florida charm, and it has been recognized as a top retirement destination in the United States, owing to a low cost of living, retiree-friendly tax laws, quality health care, and a variety of desirable amenities. Port Charlotte Mall. An incident on December 15 outside a jewelry store in the mall, however, saw a 19-year-old charged with attempted murder, per WSOC-TV. #6 of 15 things to do in Port Charlotte. Dillard's Port Charlotte Town Center in Port Charlotte, Florida 0214 Store Information 1441 Tamiami Trail Port Charlotte, Florida 33948 Phone: (941) 255-1778 Max S. Troutner, Store Manager Get Directions This Week's Hours Services Buy Online Pick Up In Store Curbside Pick Up Available Learn about careers at Dillard's Invalid password or account does not exist. The stores in Port Charlotte Mall include Dillards, JCPenney, Macys, and Sears. Its a blank slate, Charlotte County Economic Development Director Dave Gammon said. A shed, pool cage, and roofing had been erected on the property of Pedro Ruizs neighbor. The owner of the Port Charlotte Town Center mall has filed for bankruptcy. This mall actually has stores in it, where as a lot of the malls up north are closing down with Tenants moving out, and everyone ordering on line. According to a Bloomberg report, Washington Prime Group is preparing to file for bankruptcy the parent company of Port Charlotte Town Center mall in Port Charlotte and Edison Mall in Fort Myers. A portion of the former Sears mall was used as a location for the PBS Kids Talk About show in 2020. "FriscoTerrace" to 555888 This property has a great location near Charlotte Sports Park, Port Charlotte Mall, Murdock Circle, etc. She has had more one-on-one time with her neighbors over the last few days than she did previously. Check store hours & get directions to GameStop in Port Charlotte, FL. User reports indicate no current problems at T-Mobile. Among her favorite stores, she said, were JCPenney, Dillards and Turquaz. Students, staff, family, and friends came together on Friday for the annual unified basketball game at Fort Myers High School. Port Charlotte Town Mall - GameStop (941) 743-2807. They basically exchanged the debt on the property for the ownership of the property, Gammon said. In 2009, the citys poverty rate was 16.2%, which was higher than the state rate of 13.8% and the national rate of 12.9%. Todays forecast is 82 Fahrenheit on Tuesday, June 18th. The county's monthly report also included an interesting tidbit about the almost-defunct Port Charlotte Town Center Mall. As of December 2019, WPG owned interests in 104 shopping centers with 56 million square feet of leasable area. The retail world has been rattled over the past year as consumer habits shifted dramatically to favor online shopping. Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs, Amazon Is Closing Its Cashierless Stores in NYC, San Francisco and Seattle, iPhone Maker Plans $700 Million India Plant in Shift From China, Stock Traders Are Ignoring Blaring Bond Alarms, S&P 500 Notches Best Week Since Late January: Markets Wrap. He said he left when the lease up due to the rent hike. Bondholders own the mall because they are the ones who owe the mall money. The next few days will bring a few clouds. On September 25, 1894, Hurricane Gilbert was a 105 mph storm that caused extensive damage to crops just east of the area. Nobody was injured during the incident outside a Macy's store, police said, nor was anyone hurt after a single shot was fired on February 5. each comment to let us know of abusive posts. Walk-ups are always welcome. The Apulia Osteria Italiana is located in Placida, Florida, a few miles away from the lovely islands of Boca Grande and Manasota. After The Daily Sun reached out to a Town Center spokesperson for comment, a WPG spokesperson emailed a statement: Washington Prime Group does not comment on market rumors. I think that would be ideal. There are a few reasons why Port Charlotte is cheaper than other places in Florida. Whether youre looking for a quick bite or a sit-down meal, youre sure to find something to your liking at the Port Charlotte Mall. Restaurant chain Ruby Tuesday reportedly closed at least 147 locations since the start of 2020 as the coronavirus impacted its business. The Main Street of old Downtown Port Charlotte symbolizes what once was and what is now possible. Bloomberg report: SWFL malls parent company prepares for bankruptcy, Winds stoke brush fires and prompt evacuations across Southwest Florida, Fort Myers High School hosts annual unified basketball game, Public adjuster answers your hurricane-related property insurance questions. Spring Training, Parks, Shopping and Dining are all close by! Get an email notification whenever someone contributes to the discussion. Regal Town Center - Port Charlotte; Regal Town Center - Port Charlotte. 8. RDSTE A, ENGLEWOOD, FL 34223-4959, 1441 Tamiami Trail SE, PO Box 501, PO Box 553, PO Box 553, PO Box 553, PO Box 553, PO Box 553, PO Box 553, PO Box Earn rewards when you use your Bealls Florida Credit Card. Whether you are looking for a new outfit or just some new home decor, you will be able to find it all in Port Charlotte. Be Proactive. Inside the southern entrance to the Port Charlotte Town Center mall is the food court. I hope we get the stores back that we had. As of 3:25 p.m. Tuesday, the stock (WPG) was trading at $3.67, up from around $2 earlier in the day. People are hopeful the mall can bounce back to protect hundreds of jobs and a staple in Port Charlotte. Submitting this form below will send a message to your email with a link to change your password. Its not far from Redington Beach and Floridas Ocala. A multifamily apartment complex connected with retail, medical and offices sounded like a good plan for whats next, Gammon said. that is degrading to another person. Pandemic fears drove many more to shop online. The bondholders now own the property, and the debt has been retired. On Aug. 27, department store Lord & Taylor, which has 38 stores across the United States, announced that it had filed for bankruptcy and would be shuttering all of its stores for good. Columbia has been family-owned and operated since its inception over 116 years ago. Vernon: 500 East Sandford Blvd. I opened in October. There are also a number of stores that sell clothing, shoes, and accessories. Port Charlotte Town Center is well-positioned in the Port Charlotte area as a shopping center that people depend on for everyday activities; it has the ability to meet all the varied needs of its target market with a wide array of potential multi-family or hybrid redevelopment possibilities. 21524 Peachland Blvd, Port Charlotte, FL 33954. Yesterday was the worst day. He said Saturday was better, but he expected more business. A lot of the malls are struggling right now.. Get Extreme Deals. Sharma said he was one of those former tenants who had to leave when the rent went up and business eased during the Great Recession. The city of Port Arthur, with a population of around 33,000 people, is home to many businesses in the hospitality, tourism, health care, and fishing industries. He. Success! The auction of the Port Charlotte Town Center, which took place on Monday, had little to no changes. This is where I go; I dont want to drive to Fort Myers.. 3D & VIDEO TOUR. High humidity will make our afternoon feels like temperatures reach the 90s in many spots. Throughout the Chapter 11 process, we expect business as usual at our town centers, where our tenants, sponsors and employees will continue operating as normal, with a focus on providing enjoyable experiences for our guests., Lou Conforti, CEO and director of Washington Prime Group, said in a separate statement, The companys financial restructuring will enable WPG to right-size its balance sheet and position the company for success going forward., The company, he added, expects operations to continue in the ordinary course for the benefit of our guests, tenants, vendors, stakeholders and colleagues.. The mall was originally built in the early 1980s and was a major destination for shopping and entertainment in the area. Firefighters are battling several brush fires in Charlotte County; the one off McCall Road threatens several buildings, including a church. I was here in 1995; I had two kiosks and sold gold jewelry.. Apple Inc. has abruptly shut down one of its retail stores in Charlotte, North Carolina, after the mall where its located suffered at least three shootings in recent months. It is also advantageous for the city to be diverse, as it allows it to accommodate growth. Owner of Exotic Gems Featuring Pandora Rajeeb Sharma, center, runs Exotic Gems Featuring Pandora with his son Rahul and his wife Neelakshi. If the trend continues, it is possible that the mall will eventually close down completely. It said that $44.8 million was owed by the bondholders (PC Mall LLC,) of the bankrupt mall, and the facility was sold for $100,000 in an online auction in February to those . The tenants are still there, Gammon said. . The traffic has been so slow in there over the years, Joan Clements said. The bondholders will likely start a new marketing process with real estate agents to market this property.. This is more an adult mall . If Costco moved into the mall Id be a happy camper, Pat Bryant said as she headed inside to shop. Charlotte is a great place to call home if you want to live in a city with a low cost of living and good job opportunities. According to a 2015 Wall Street Journal article, the iPhone maker attracts so many shoppers that the presence of an Apple store can boost a mall's sales by 10%. Walking the mall is a popular activity, especially in the warmer months. The number of mall shoppers has been declining over the years, taking a complete dive during the pandemic. 2,117 Sq. Stop by Bealls in Port Charlotte today to see what we have to offer. Brass Mill Center, CT 5. The town is home to a number of small businesses and restaurants, as well as a few larger businesses. UBS retail analysts estimate that around 80,000 stores will close over the next five years. $14,000. . The auction of the Port Charlotte Town Center on Monday didn't change much. The stock is down 60% for the year. Your account has been registered, and you are now logged in. Address: Edit / Insert. Maybe there would be a closing later this year. As a result, the citys median household income is lower than that of the state as a whole. Plans for that new store were underway before the shootings, Bloomberg reported, but people familiar with the situation told the outlet that the recent violence contributed to the decision. Top headlines of the day, delivered to your email every morning. What are the best places to retire in Charlotte, North Carolina? The Charlotte County clerk's office held the online auction Monday for part of the 54-acre property within Murdock Circle. . These include Aeropostale, American Eagle Outfitters, and Hollister Co. On December 28, 2018, it was announced that Sears would be closing as part of a plan to close 80 stores nationwide. 5. Your e-mail address will be used to confirm your account. I wanted to expand and make (the jewelry store) a little bigger. The time is now 5:27 p.m. EDT. Red Lobster is the worlds largest and most popular seafood restaurant chain. Port Charlotte Town Center mall owner Washington Prime Group was mum Tuesday amid published reports that the real estate investment trust was on the verge of a potential bankruptcy filing. Centennials third-party property and asset management division, Centennial Advisory Services, which was named receiver and property management company of record for Port Charlotte Town Center in August 2021, will remain the centers property management company of record post-auction and will continue to provide Port Charlotte Town Center with a full spectrum of management, leasing, marketing and accounting services as well as a value preservation strategy for the property., Port Charlotte Town Center sells at foreclosure auction, Tom Sizemore, 'Saving Private Ryan' star dies at 61. Washington Prime Group does not comment on market rumors. Be Nice. FREE 1-3 Day Shipping Over $59 assignment Track Order Get Extreme Deals. Nearby homes similar to 1156 NW Vinita Ave have recently sold between $6K to $748K at an average of $305 per square foot. State: Florida - FL City: Port Charlotte. You have permission to edit this article. Sharma called the mall dingy and said the management should have held onto people here, referring to giving business owners a break on rent when business slowed during the pandemic. The bondholders could take the title and put new stores in the places currently closed, or turn the whole place into something new. There is a chance of an isolated tornado in the afternoon, but there is also a mix of clouds and sun. The wind is expected to blow between 10 and 15 miles per hour. Port Charlotte, FL 33980 Get Directions (941) 629-6482 Cocoplum Village Shops #537 Closed until tomorrow at 9am ET 7.7 mi 18529 Tamiami Trl North Port, FL 34287 Get Directions (941) 426-8762 Englewood Square Shop Ctr #172 Closed until tomorrow at 9am ET 15.7 mi 425 S Indiana Ave Englewood, FL 34223 Get Directions (941) 473-1246 Apple shuttered its store there the following day, Bloomberg reported. Create a password that only you will remember. NEW CONSTRUCTION. The humidity is also relatively low, making for comfortable conditions year-round. T-Mobile offers mobile phone and mobile internet service, including text messages (SMS) and voice mail, to individuals and businesses. The previous night, the mall suffered its third shooting in 75 days and second in February according to local news station WSOC-TV. The destruction caused by Hurricane Ian can be seen in Port Charlotte. From clothes to electronics, there is a store for everyone in Port Charlotte. Designed by Elegant Themes | Powered by WordPress, The Unsettling Reality Of Fitting Room Cameras In Malls, The Daraz Mall: A Popular Shopping Destination In The Heart Of The City, Different Ways To Get To Ontario Mills Mall, Yorkdale Shopping Centre: Torontos Premier Retail Destination, Is Your Shop In A Mall Profitable? The Port Charlotte Town Center is set to close its doors for good. The local newspaper also reports it has a vacancy rate of almost 30%, and Apple's departure is unlikely to help. At the time of the spinoff, the company had interests in 98 shopping centers. accounts, the history behind an article. You can also reach her here. CHARLOTTE, N.C. More Disney stores will be closing this fall, including both locations in the Charlotte area. As previously announced, Washington Prime Groups board of directors has engaged advisors to explore strategic alternatives in order to strengthen the companys balance sheet. The company informed the stores employees on Wednesday that the location would be closing immediately, according to people with knowledge of the matter. Sharma looked surprised when told of the news reports. Error! Due to Hurricane Damage 1500 Placida, the hotel was temporarily closed. Charlotte County's Economic Development Director says the winning bidder was the financial group that held the debt on the property. Shares of Washington Prime plunged as much as 55% in early trading. 1441 Tamiami Trl Port Charlotte, FL 33948 A fully enclosed shopping destination, Port Charlotte Town Center is the perfect place to stop on warm or rainy Florida days.
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