An Alabama company known for reviving shopping centers wants to breathe fresh air into a declining mall in Roanoke.
Crossroads Center LLC, operated by Southeast Real Estate Investment Corp. of Mobile, Ala., recently purchased Crossroads Mall for $18 million from Zamias Services of Johnstown, Pa.
You may remember Crossroads from one of my first posts:
Crossroads Mall was only one of a handful of enclosed suburban shopping centers and the first of its kind in Virginia when it opened three miles north of Roanoke in 1961 at the intersection of Williamson Road (US 11), Hershberger Road (Route 101) and Airport Road. Developer T.D. Steele and his designers created a unique and popular shopping experience for an eager public. Throngs of shoppers left the long-dominant downtown to stroll through a grand two-story interior shopping hall reminiscent of Southdale Shopping Center in Edina, Minnesota. Crossroads was the first suburban shopping area in Roanoke that maintained night hours (until 9 PM) from Monday to Saturday.
Read more about the new life for the mall at Firm buys Crossroads Mall for $18 million
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