Latest news with #SunriseMall
Business Journals
25-04-2025
- Business
- Business Journals
Ethan Conrad drops plan to buy Sunrise Mall
Real estate investor Ethan Conrad said he's dropped plans to buy 50 acres of Sunrise Mall in Citrus Heights, putting the future of the fading shopping mall into question. Real estate investor Ethan Conrad said he's dropped plans to buy 50 acres of Sunrise Mall in Citrus Heights, putting the future of the fading shopping mall into question. In an email, Conrad said he did so after the Citrus Heights City Council on Wednesday voted unanimously not to consider a potential amendment he proposed to an existing city plan called Sunrise Tomorrow for rethinking the mall property. "It is certainly unfortunate that the current Specific Plan, although it may look attractive, is not designed to provide the needed components for it to be a successful project," Conrad said. "In particular, with the current Specific Plan showing all the buildings are demo'd and the new buildings are built, is not only wasteful, it's cost prohibitive and simply not needed in order for the project to be attractive as well as successful." Conrad said he still plans to redevelop the 25 acres he already owns at the southern end of the mall, a piece that includes the closed Sears store building and several acres of parking. The amendment Conrad sought to Sunrise Tomorrow would've allowed a Home Depot in the southeast corner of the mall and an In-N-Out Burger along Sunrise Boulevard, near the mall's southwest corner. Those uses wouldn't be allowed under Sunrise Tomorrow as it's currently adopted. Site plans Conrad presented to the city showed a dry cleaner, Montessori school and a bowling alley or other entertainment retail business in existing mall buildings at the south end, though it's not clear if any or all of those uses are allowed under Sunrise Tomorrow. Leading up to Wednesday's meeting, Conrad described plans for those 25 acres as phase I of his concept for Sunrise Mall under the proposed Sunrise Tomorrow amendment, and the 50 acres he was in contract to buy from Namdar Realty Group as phase II, which he said was still being developed. Those 50 acres span the bulk of the actual mall building, including the enclosed store spaces and two closed former Macy's stores. Namdar did not immediately have a comment Friday on Conrad's decision to pull out of the purchase. Conrad said after the meeting he was willing to be flexible in what phase II would include, but the council didn't seem willing to amend its plan. Sunrise Tomorrow would largely redevelop the mall with a central "main street" area of retail, surrounded by housing, hospitality and other new uses. So far, no developer has emerged to try implementing that plan, though one City Council member and speakers at Wednesday's meeting said those developers exist. A city spokesperson didn't immediately return a request for comment Friday on Conrad's announcement.
CBS News
24-04-2025
- Business
- CBS News
Citrus Heights City Council shuts down Sunrise Mall redevelopment amended proposal
CITRUS HEIGHTS -- The Citrus Heights City Council shut down an amended proposal presented by Conrad Properties that suggested the city approve six fast food drive-thru restaurants and a The Home Depot on the property that was once the bustling Sunrise Mall. The project, called "Sunrise Tomorrow," has been in development for nearly a decade but picked up traction in the last five years after extensive community feedback for the vision of the space. The agenda item, added to the regular city council meeting, was meant to give the council and community an opportunity for comments and questions, as well as to hear the latest proposal from developer Ethan Conrad, who owns 25 acres of the land and says he's in escrow for the remaining 50 acres. There was no formal vote on Wednesday night, but the council moved not to go forward with the amended proposal and suggested Conrad take in the comments from the community. The other options they could've taken were to direct Conrad Properties to submit a formal application or request significant changes before considering a formal application. The four-and-a-half-hour council meeting, focused mostly on this subject, ended with Councilmember Tim Schaefer telling Conrad: "We've been here 4.5 hours and you haven't heard a word we said." From retail powerhouse to redevelopment target Sunrise Mall, located at the high-traffic intersection of Sunrise Boulevard and Greenback Lane — the second busiest in Sacramento County — once generated $2 million annually in sales tax revenue. Today, that number has plummeted to just $400,000. In its heyday around 2000, the mall was a crown jewel of Citrus Heights retail. But with the rise of the Roseville Galleria, the Great Recession, and competition from newer developments like the Palladio, its relevance declined. COVID-19 only accelerated that downward trend. Developer pitch: Drive-thrus, Home Depot, and housing Developer Conrad Properties submitted a revised plan in 2024, which included big-box retail, quick-service drive-thrus, and even a bowling alley. Following feedback from the city and public, they made some modifications: reducing the number of proposed drive-thrus from eight to six, and adding a Phase 2 that includes more housing and an open-space event area. Concerns from the community noted that the city's vision for redevelopment included 30-40% open space compared to Conrad's, which offered 1% open space. Councilmembers and community speakers agreed that the revised proposal clashes with key elements of the city's original vision for the site — a walkable, mixed-use community focused on housing, entertainment, and pedestrian-friendly design. Conrad's updated proposal outlines several potential tenants, including IKEA, Chick-fil-A, Dick's Sporting Goods, Nordstrom Rack, BJ's Restaurant and Brewhouse, Peet's Coffee, Philz Coffee, and Dunkin'. He told the council that in speaking with multiple proposed businesses, they expressed that they would only move forward if The Home Depot was the anchor tenant, which is the center of the amended proposal. City policies intentionally banned drive-thrus and landscape/building supply stores in the original plan, citing concerns over traffic, noise, and incompatibility with housing and public space. Conrad Properties maintains that The Home Depot is a necessary anchor tenant. "Market demand dictates redevelopment," said Ethan Conrad. "Home Depot is the catalyst. Most other tenants won't commit without them." Representatives from The Home Depot and In-N-Out also spoke at the meeting, emphasizing their interest in being part of the project, but offered few specifics. A representative from In-N-Out noted it would create 80 jobs, and The Home Depot representative noted it would create more than 100 jobs. What's next for Sunrise Tomorrow? At the end of the meeting, the council did not immediately move forward with any one option, instead signaling a desire for continued review. But the stakes are clear: Sunrise Mall remains the single largest potential site for economic development and housing in Citrus Heights. Packed house at the Citrus Heights City Council meeting tonight. What's on the agenda? Sunrise Mall development plans. @CBSSacramento — Madisen Keavy (@madisenkeavy) April 24, 2025
Business Journals
23-04-2025
- Business
- Business Journals
5 things: Molina Healthcare opens in Florin Towne Centre
Here's what you need to know today. Welcome to Wednesday, loyal readers. Here's what you need to know today. Want more local business headlines? Sign up for our morning and afternoon newsletters to get Sacramento business news delivered straight to your inbox. Health care tenant opens in Florin Towne Centre Last year, my colleague Ben van der Meer told you that Molina Healthcare Inc. planned to fill a spot in Florin Towne Centre. Molina would open one of its One Stop Help Centers, filling 4,327 square feet. Update: Molina will hold a ribbon-cutting ceremony today for its One Stop Help Center at 6075 Florin Road, Suite 200, according to a news release. This is Molina's first One Stop Help Center in Northern California, the release states. The local site is a resource center for people who need help enrolling in health insurance and social services. It also offers housing resources and free children's books. The center will be open between 8:30 a.m. and 5:30 p.m., Monday through Friday, according to the release. Sutter Health to open downtown sports medicine complex Sutter Health announced plans this week to launch a new 120,000-square-foot Advanced Orthopedics & Sports Medicine Care Complex in Downtown Sacramento, with a projected opening in late 2027. The facility, located at 660 J St., will centralize orthopedic and sports medicine services under one roof, according to a news release issued by Sutter Health. The center will also feature diagnostics, physical therapy, surgery services, nutrition support and mental health offerings tailored for athletes. Sutter's orthopedic and sports medicine complex near Downtown Commons will be only about two blocks from Kaiser Permanente's sports medicine clinic in Golden 1 Center. Reporter Chris Campbell explains what Sutter Health is planning in Downtown Sacramento. Big day for Sunrise Mall's future Ahead of a pivotal Citrus Heights City Council meeting tonight, Ethan Conrad has released a newly revised concept for Sunrise Mall's future. The new plan, part of Conrad's proposed amendment to an existing redevelopment plan for Sunrise Mall called Sunrise Tomorrow, envisions a two-phase overhaul of 75 acres of the mall, beginning with 25 acres Conrad already owns. Senior Reporter Ben van der Meer has the latest on Ethan Conrad's proposal for Sunrise Mall. 2 apartment properties sold for $26 million combined A pair of Sacramento County apartment properties sold this month show market demand even for units around a half century old. Marcus & Millichap announced the recent sale of 90-unit Villa Regia Apartments in North Highlands and 48-unit Coyle Creek Apartments in Fair Oaks, in separate deals. Villa Regia sold for $15.6 million, while Coyle Creek sold for $10.5 million. Senior Reporter Ben van der Meer explains what you need to know about two apartment properties sold in Sacramento County. Pure Green juice bar franchise entering area A fast-growing juice bar franchise is planning to enter the Sacramento market, with its first location lined up for a Granite Bay center. Florida-based Pure Green has signed a lease for a 1,400-square-foot space at 6953 Douglas Blvd. in The Marketplace at Granite Bay center. The franchise offers cold pressed juices, superfood smoothies, wellness shots, acai bowls, oatmeal bowls, superfood toasts and juice cleanses. Reporter Jake Abbott has details about Pure Green's local plans. Have a great day, folks. Thanks for reading.
Yahoo
07-04-2025
- Business
- Yahoo
Sunrise Mall closed years ago. Here's what developers want to do with the property.
The site of what was once one of Corpus Christi's most popular commercial hubs is being shaped for a new purpose: hundreds of apartments. The property at 5858 S. Padre Island Drive for decades was Sunrise Mall — known not only for its shopping experiences, but also as a social venue and cultural touchstone for its prominent appearance in the 1985 Corpus Christi-centric film, "The Legend of Billie Jean." The trendy epicenter opened in 1981 and closed in 2019. In a recent meeting of the Planning Commission, Development Services Planning Manager Andrew Dimas described it as 'the geographic center of Corpus Christi, if you were to draw concentric circles.' Now its acreage is eyed for construction of a proposed six-story apartment building — the size of which would require a special permit for its construction, according to city documents. Wednesday, the Planning Commission signed off on a preliminary recommendation to issue a special permit for the roughly 6.8-acre property. As currently laid out, the special permit would allow about a 35% increase in unit density compared to existing zoning regulations — from 37 units per acre, for a total of about 250 units, to 50 units per acre, for a total of about 340 units, planning records show. Early plans included in agenda documents show a breakdown of six studio apartments, about 270 one-bedroom units, 51 two-bedroom units and 12 three-bedroom units. The target audience would likely be young professionals, as well as some small families, Dimas told the commission Wednesday. Residents would likely 'rely on having all their amenities in close proximity, to where they don't have to drive,' he added. 'I wouldn't say it's necessarily on trend,' Dimas said. 'I would say it's appealing to a market that's going to be for a younger audience.' A staff report notes that the proposal aligns with earlier discussions. 'Previous area plans and Bayside communities have expressed interest and have identified potential opportunities for site revitalization featuring mixed uses, which could include multifamily housing, retail, restaurants, and more,' it states. While the commission hears arguments for and against rezoning cases, it is considered a recommending body, with the final decision left to the City Council. Because 36% of surrounding property owners have opposed the rezoning, approving the special permit will need the support of a supermajority of the City Council, Dimas said. That's required once 20% or more of property owners within a notification area oppose a rezoning, he said. Among the reasons cited in opposition forms are assertions that there is not a reciprocal easement agreement in place. In an email, city officials stated that a visit to the site last week showed some unsecured areas, as well as debris 'found outside the designated secure area.' On-call contractors were brought in by the city to augment private contractors' efforts to address the situation, according to a memo. The city will be sending a bill — and, if unpaid, put a lien on the property, according to officials. Patel Real Estate Holdings, the proposed developer for the site, could not immediately be reached for comment. More: Corpus Christi's Sunrise Mall closes interior to the public More: #TBT: Corpus Christi's Sunrise Mall was once a thriving shopping center More: Sunrise Mall a YouTube hit? Its views are rising More: Corpus Christi's Sunrise Mall More: 'I just remember being so taken away by it all': Memories of Sunrise Mall More: Movie-lovers bid farewell to Corpus Christi's Dollar Cinema This article originally appeared on Corpus Christi Caller Times: Sunrise Mall closed years ago. Here's what may be coming to the site.
Yahoo
22-03-2025
- Business
- Yahoo
Downtown Brooklyn Macy's to close this weekend after nearly three decades
Editor's Note: The above video originally aired on Jan. 11. DOWNTOWN BROOKLYN (PIX11) — It's the end of a nearly three-decade run for the Macy's in Downtown Brooklyn this weekend. The store will close its doors for good at its Fulton Street location on Sunday, according to a postered notice. More Local News Macy's took over the historic building in 1995 after it originally housed the first Abraham & Straus department store, also known as A&S. The Downtown Brooklyn Macy's was one of 66 locations nationwide deemed 'underproductive' and set to close in the first quarter of 2025. More Brooklyn News 'Closing any store is never easy, but as part of our Bold New Chapter strategy, we are closing underproductive Macy's stores to allow us to focus our resources and prioritize investments in our go-forward stores,' said Tony Spring, chairman and chief executive officer of Macy's, Inc. Macy's closed a total of five stores across NYC but retained locations in Herald Square, Marine Park, Rego Park, Flushing, and Staten Island. The department store is one of many retailers to close multiple stores in 2025 alongside other companies like Forever 21, Dollar General, Joann Inc and Party City. Below is a list of Macy's stores closing throughout New York City. Downtown Brooklyn – 422 Fulton St Fordham Place – 404 East Fordham Rd Queens Place – 88-01 Queens Boulevard Sheepshead Bay – 2027 Emmons Avenue Sunrise Mall – 400 Sunrise Mall Staten Island Furniture – 98 Richmond Hill Road Dominique Jack is a digital content producer from Brooklyn with more than five years of experience covering news. She joined PIX11 in 2024. More of her work can be found here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
