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:
-
Pricey Halloween: Tariffs causing some spooky price hikes
With many Halloween displays and costumes coming from China, tariffs are starting to show up in stores, leading to higher prices for shoppers.
New index shows prices for these grocery items surged
New data on grocery prices show some items still climbing, such as coffee, while others like butter are pulling back.
SNAP benefit cuts begin taking effect, changing how many Americans buy food
Changes to SNAP benefits included in former President Donald Trump's tax law are starting to take effect, with more changes expected over the next couple of years.
Cost of fresh produce set to rise as tariffs impact imports
The cost of eating healthy is climbing as new tariffs on imported fruits and vegetables begin to impact grocery stores and restaurants, pushing prices higher for consumers.
