Friday, May 19, 2006

Living In A Box



How weird would that be? Living in a mall.

Flatiron may get hotel

The owner of FlatIron Crossing in Broomfield is considering filling the vacant Lord & Taylor space with a hotel or condos.

Santa Monica, Calif.-based Macerich Co. bought the 120,000-square-foot store in 2004 after May Co. announced its plans to close its three Lord & Taylor stores - at the Cherry Creek mall in Denver, Park Meadows mall in Douglas County and FlatIron Crossing - as part of a divestiture that included 34 store closings and 3,700 job cuts.

"We wanted to have ownership so we could explore the options," said Heather Drake, senior marketing manager for FlatIron Crossing. "The trend in shopping centers now is to have mixed use."

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