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Old 04-22-2021, 10:20 PM
 
Location: Living rent free in your head
42,840 posts, read 26,247,208 times
Reputation: 34044

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Not good news for Citrus Heights, the mall revenue is way down and in order to get the County to agree to forfeit all property tax to the County. Police will be operating on an emergency basis only. If their plans to restore the mall fail my guess they will have to unincorporate

https://sacramento.cbslocal.com/2021...GCTWWsLxvZQ2TU
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Old 04-23-2021, 07:56 AM
 
Location: Living rent free in your head
42,840 posts, read 26,247,208 times
Reputation: 34044
Sorry - this sentence "in order to get the County to agree to forfeit all property tax to the County." made absolutely no sense - it should have been "In order to get the County to agree to Citrus Heights incorporating they had to agree to forfeit all property tax to the County"
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Old 04-23-2021, 12:41 PM
 
Location: Carmichael, CA
2,410 posts, read 4,453,657 times
Reputation: 4379
My impression at the time was that they were considering Sunrise Mall to be their main source of income. Malls come and go in popularity, let alone recessions and lockdowns. They would have done better to try to attract more revenue streams to the area.
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Old 04-23-2021, 01:04 PM
 
Location: Living rent free in your head
42,840 posts, read 26,247,208 times
Reputation: 34044
Quote:
Originally Posted by cb73 View Post
My impression at the time was that they were considering Sunrise Mall to be their main source of income. Malls come and go in popularity, let alone recessions and lockdowns. They would have done better to try to attract more revenue streams to the area.
I agree, and I think they are kidding themselves by thinking that the new mall owners will invest in anything, that's not how they roll, the firm that bought them has a history of buying aging malls putting no money into them and just sitting back collecting rent until everyone leaves

Quote:
In 2017, two lawsuits accused Namdar of failing to maintain a mall in Jacksonville, Fla., “resulting in leaky roofs, broken electrical systems, and a roach infestation,” reported the Philadelphia Inquirer.
“Landlord is an absentee landlord with a reputation as a ‘slumlord,’” reads one of the suits. “Landlord’s continuous breaches and material failures have rendered the premises unrentable.”
https://www.sacbee.com/news/local/article224579730.html
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Old 04-23-2021, 04:45 PM
 
2,963 posts, read 6,260,933 times
Reputation: 1578
Citrus Heights for the foreseeable future is pretty screwed. I don't feel sorry for them at all. They bet on 1970s suburbia and it blew up in their face. I hope they learned a lesson (they probably didn't).

Large swathes of Citrus Heights needs to be bulldozed and rezoned. Nothing short of that will improve the area. They probably also need some state government help to either get Freeway built through there or Light Rail. The mall is in the middle of nowhere not near any transit or freeways.

Which is why Arden will never really suffer the fate Sunrise is facing. Arden Mall is in the middle of town, right off the freeway, near lightrail. Also why Florin Mall was quickly reproduced into something useful when it died.
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Old 04-24-2021, 02:43 PM
 
Location: Elk Grove, CA
579 posts, read 512,188 times
Reputation: 1099
Citrus Heights has had issues for quite sometime. The schools are crap, a lot of trashy people, and ignorant Trump supporters.
I haven't been to Sunrise mall since 2015, but it seemed like a dying mall then.

Funny that a Trump supporting, white, Republican town can not pull itself up by it's bootstraps. Meanwhile Elk Grove and Rancho Cordova are doing fine with our incorporations
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