Malls across the nation have been in distress for years as more consumers turned to online retail options. The Lansing Mall is no stranger to that struggle.
The state of the Lansing Mall was in question well before COVID-19 hit. When word came that the mall was for sale, many wondered if it would end up being torn down and replaced by apartments. But they forgot about the key word of 2020-2021.
The new owner of the Lansing Mall, Kohan Retail Investment Group, is known for embracing change and new opportunities for retail centers. Other malls have made the pivot over the past few years to expand their focus and help them survive. The future of malls is more than just retail. It includes entertainment and food destination options. Malls that are surviving in the current climate are focusing on that theme.
“Large spaces offer opportunity for festivals, markets, mini golf, dancing, concerts, banquets, theater and virtually any social gathering with protection from the elements,” Kohan state on its website.
Delta Township Supervisor Ken Fletcher is optimistic that the new owner will breathe new life into the Lansing Mall.
“We hope to see that there will be some reinvestment in it — new ideas brought forth and a revitalization of the mall,” Fletcher said. “We’re hopeful the sale will mean a new commitment and new energy to turn things around.”
In the meantime, Fletcher said, conversations with retailers are happening, and he hopes the new owners will have some new stores to announce soon.
Kohan owns several malls in Michigan, including the Adrian Mall, the Birchwood Mall in Fort Gratiot, Eastland Center Mall in Harper Woods, Westwood Mall in Jackson and Marquette and the Midland Mall.