INDIAN RIVER COUNTY, Fla. — Many Treasure Coast residents might remember when the Indian River Mall was in its heyday, booming with shoppers. But in recent years, it has become a ghost town.
While many popular stores may be gone from the mall, county commissioners believe what will be replacing them will not only benefit Indian River County but also attract visitors.
Now, new owners are hoping to transform the mall property and not just with new stores.
Indian River County Commissioner Joe Earman some of the ideas for the property involve "chain restaurants, private restaurants, chain stores, private stores."
These are just a few of the ideas Earman said DTS Properties has in store for the once-thriving mall.
With this project, the county is anticipating that it will create jobs.
"We're going to have to be on our game to help find housing for employees and people who work in these fields," Earman said.
The new mall owners are asking to rezone the property to build apartments and some kind of education center. They also want to build a 45-foot hotel, which is higher than the current limit of 35 feet.
"We're willing to talk to them about it," Earman said. "We're willing to have the conversation."
Earman said the owner has already put up nearly $20 million into improving the mall. It's something Earman said shows how serious they are about turning the mall into a destination once again.
Much of what the new mall owners want to do at the site still needs county approval.
There is no timeline right now for when that will happen.
Matt Sczesny is determined every day to help you find solutions in Florida's coverage collapse. If you have a question or comment on homeowners insurance, you can reach out to him any time.
Read WPTV's latest "Coverage Collapse" stories below:
-
Homeowners still waiting on My Safe Florida Home
Gordon Meyer of west Boynton Beach has been waiting a long time on the My Safe Florida Home program.
These are the Florida bills targeting insurance relief next year
Florida lawmakers have started filing bills for the next legislative session in 2025 and so far, just a small number appear to be about insurance.
Keeping track of insurance payouts after Hurricane Milton
Citizens Insurance CEO Tim Cerio this month responded to the reports that the state insurer of last resort was closing claims without payment at high rate.
How homeowners could get a 20-year freeze on property taxes
Many of you have reached out to WPTV overwhelmed by the rise in costs it takes to own a home in Florida.
