Renovation plans for the Indio Fashion Mall have been cancelled, the city of Indio announced on Tuesday.
City officials said the Haagen Company, which has owned the Indio Fashion mall since 2018, has informed the city that the company will no longer pursue redevelopment of the site into its enclosed mall format.
The company planned to turn the site into an Indio Marketplace.
Plans for the mall’s renovation have been underway since at least 2018. City Council approved the design review in July 2021, and plans were in place for the mall to reopen in fall 2022.
Malls across the country are struggling as consumers turn to alternative retail formats and more experiential shopping opportunities, said Carl Morgan, director of economic development at Indio.
Officials said the city will continue to work with the Haagen Corporation to help attract interest from other developers to support an innovative project on the former mall property and the city-owned property behind the mall. commercial.
We believe there is great potential for these plots which will benefit our residents and taxpayers and we look forward to working with the Haagen Company in finding creative ideas for the site, Morgan added.
City officials said Indio has many plans and programs in place that help make the mall site attractive for development, including the recently passed Highway 111 specific plan and a deferral program. development impact fees to encourage quality commercial and residential growth.
Property marketing efforts will capitalize on the incredible wave of economic gains we have made recently, as evidenced by the resurgence of new and exciting downtown businesses and the explosive growth of North Indio.
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