The new year brings the opening of a brand new indoor mall in the heart of Vancouver, called The Rosedale Mall.It will be located in the area between Franklin Park Mall and the new Robson's Wharf.The Roses will be the first indoor mall to open in Vancouver in over a decade, and we can't wait to get inside.The mall will also include a brand-new grocery store, as well as a new restaurant and coffee ...
VILLAGE HILL, Ill.
(AP) The grand opening of a new mall in suburban Illinois is just months away and organizers hope it will attract tourists, but the new mall will also help revive a once-sleepy town and revive a struggling economy.
The Town of Village Hill is slated to open in 2021.
It’s a $5.3 billion project that’s meant to revitalize a sleepy, blue-collar town in southwest Illinois that has seen the loss of about 4,000 jobs in the past 20 years.
The project is the brainchild of John R. Johnson, president of the Chicago-based company Johnson Companies.
The town of about 15,000 is a former coal town, a sprawling city of former manufacturing towns that lost nearly 2 million residents when coal-fired power plants closed in the early 1900s.
It’s been a rough time for the town, which once had a thriving auto industry.
The steel and concrete factories closed in 2004, and the unemployment rate is around 6.5 percent.
But it’s been thriving since 2011 when Johnson Companies bought the historic Town of Villages for $250 million.
That brought jobs to the town.
The company has created more than 5,000 construction jobs and is planning a 1 million-square-foot retail center that will open next year.
The mall will be located next door to the historic Villages Industrial Park, where the company has a manufacturing plant.
The town has about 3,000 residents.
The company plans to build a new hospital, a new elementary school, and a new office building, among other things.
The mall, which is slated for a grand opening later this month, will be the second largest mall in the United States after the mall in Kansas City, Mo.
But Johnson says the mall will have a lot of stores that cater to tourists.
The retailer will also have about 10,000 employees.
A couple of years ago, Johnson Companies made a big push into the world of electronics, including a major move into the retail industry with a $4 billion deal to buy rival department stores Walgreens.
The store chain was struggling.
Johnson Companies now has about 500 stores in about 80 countries and employs about 1,500.
The business model of the mall, dubbed The Village, is simple: Johnson Companies sells direct to customers, not through stores, while the other retailers sell directly to Johnson Companies and its stores.
It also has a website, which has thousands of products and services.
Johnson companies has also partnered with Apple and Walmart to sell digital content to consumers through the Village’s website.
In addition to the electronics stores, the mall has restaurants, movie theaters, an art museum, a library and an art gallery.
There will be a new art gallery in the mall that is opening this fall.
The Village is also planning a new golf course, a hotel, and an amusement park.
Johnson said he is focused on building a vibrant, vibrant economy and the town is a good example of how that can be done.
“There are not a lot people that are in a position to start their own business in town.
But you can create a community of people that want to start a business,” Johnson said.
“The Village will be more than just a big box store, but it will be about creating a community and creating opportunities.”
The new mall is one of several that have been announced in Chicago in recent months, including an office park at the new Millennium Plaza and a large project in the city’s South Side neighborhood.
Johnson’s company plans an expansion of the existing Village Mall into a hotel and an expanded shopping center.
That project is still under consideration, and Johnson said he doesn’t know if the Village will expand beyond the mall.