IE Business Daily Business news for the Inland Empire.
San Bernardino has severed its ties with the developers it hired to revitalize the Carousel Mall property.
In a 5-2 vote during its May 3 meeting, the city council agreed to end the exclusive negotiating agreement it had with Renaissance Downtowns USA and ICO Real Estate Group, said Councilman Theodore Sanchez.
The move, will make it easier for the city to resolve state violations associated with the redevelopment project, in particular the city’s violation of the California Surplus Land Act, Sanchez said.
“This is something we had to deal with the state issues,” Sanchez said. “But in a way, we’re back to square one.”
The move will not affect the mall’s scheduled demolition.
Sanchez and council members Sandra Ibarra, Juan Figueroa, Fred Shorett and Ben Reynoso voted in favor, while Damon Alexander and Kimberly Calvin cast the dissenting votes.
Opened in 1972 as Central City Mall, the shopping center was renamed in 1991 after a carousel was installed on its lower level. It was nearly empty after it was closed permanently in 2017 after years of declining sales.
What are you doing with the Spanish staircase , Harris co. Grand stairway ???
The building is on the National Registry so do not think it is going any where. They will have to rebuild the part that was the mall entrance