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Interior vacancy grew, leading to demolition announcement in 2022 and start of demolition in 2024. The site is slated for mixed\u2011use housing, retail, and park redevelopment.", "why": "Anchor losses\u2014Dillard's closed 2003, Belk and Barnes & Noble exited 2023\u2014combined with long\u2011term vacancy since the late 2000s and lack of major renovation drove the decline. The record does not cite competition, debt, or other financial pressures.", "where_it_stands": "As of October 2024 the property is undergoing demolition and is owned by Southeastern Development, which acquired it from Century Capitol Group in 2022.", "for_a_planner": [ "Mall\u2011to\u2011mixed\u2011use redevelopment precedent with zoning change approved 2022.", "Entitlement secured in 2022 allows housing, retail, and park components.", "Open questions: required infrastructure upgrades, affordable housing share, park design and maintenance." ], "for_a_developer": [ "Site controlled by Southeastern Development from 2022 to present (deed transfer 2022).", "Entitlement stage: mixed\u2011use approved 2022; demolition underway 2024.", "Constraints not detailed in record: flood risk, transit access, environmental conditions.", "Market signal: tract data absent; however, housing component signals residential demand." ], "risks_and_unknowns": [ "Exact parcel size and acreage not provided.", 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