The Evergreen Plaza Mall was officially sold Friday and soon a redevelopment will begin, including tearing down the old place. Lormax Stern Development, in partnership with DeBartolo Development, has purchased the mall, which was built in 1952 at 95th Street and Western Avenue. Plans call for the majority of the existing 800,000-square foot mall to be demolished and be replaced with a new, approximately 425,000-square foot open-air retail center on the 32-acre parcel. Construction is anticipated to be completed in 2017.
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