INDIANAPOLIS (WISH) – Business owners inside Washington Square Mall are hoping new management means brighter days ahead.
According to the IBJ, Simon Property Group recently handed over management of Washington Square Mall to Jones Lang LaSalle.
“This mall needs foot traffic to be successful,” said Terrance Miles, co-owner of Circle City Sole.
Finishing touches are being put on the sneaker consignment shop, and it is scheduled to open this Sunday.
“Hopefully we’ll be a benefit to them, and they’ll be a benefit to us,” said Miles.
He and four other co-owners own two other stores in the mall.
Over 400 “sneaker heads” came to the mall in early August for a sneaker convention. During that convention, full store fronts at the mall were few and far between.
Anchor store, Macy’s, left during the recession. Other storefronts are just dark and at least one is padlocked.
Vacancy signs say: ‘Potential is Here,’ which is exactly what entrepreneurs see.
“I think the mall has seen its worst days. I believe the future is bright for Washington Square Mall,” said Anton Holland, another co-owner of Cirle City Sole.
Simon hasn’t commented on the management shift, and Jones Lang LaSalle hasn’t responded to our calls.
“As a kid, we always came to this mall. We feel like with the potential of our store and the area, it will be a good market for us, said LaRon Marshall co-owner Circle City Sole.