“In spite of our best efforts to bring the value back to the shopping centre, complete maintenance projects, and the increase in foot traffic, the decline in the occupancy rate due to the COVID-19 pandemic can no longer support the operation of this great property,” the letter states.
The letter is signed by the director-general Kim Ramirez. A person with the same name is listed as the director-general on Metrocenter’s web site.
ABC15 reached Carlyle Development Group, a New York-based development company and the mall owner, on Friday and Saturday for comment. As of this writing, our e-mails have not been returned. ABC15 also tried to reach Kim Ramirez, but his voice mailbox is full and an email is unanswered.
“Metrocenter has been a staple in the community since it was built in 1973. Any person who grew up in the state of Arizona has a story about cruising the mall on the weekend, skating on the ice rink or later, the skate park, catching a movie at the cinema, or enjoy a meal at the Taste of Jade in the food court, ” the letter reads.
Carlyle has bought the 1.3 million-square-foot shopping center back in 2012 with plans to renovate and revitalize. By 2017, Walmart opened a superstore near the center, a part of the area of the revitalization project.
The shopping centre is located to the west of Phoenix along Interstate 17 between Peoria and Dunlap avenues.
“All of the business owners and store associates are really become like a family, so I would like to say thank you for your dedication and continued support of the shopping centre. I would also like to thank not only all our tenants and suppliers, but also to the community for the blood, sweat, and tears you’ve put into the company premises and the shopping center throughout these years. ”
The owners hope that the shopping center is being redeveloped and revitalized in the future, according to the letter.
Due to the pandemic, Metrocenter, like other shopping centres, temporarily closed. It re-opened on May 9, according to the website.