CNNMoney.com used North Randall as an example of the social and economic impacts of a declining mall. The article quotes Peter Lawson Jones as saying that the Village "could become the first municipal fatality in North Ohio" if it is unable to revitalize Randall Park Mall.
North Randall News Archive
21 October 2008
18 August 2008
The Village of North Randall is facing financial adversity caused by the decline of its commercial areas. It was designated a situational distressed community and is receiving assistance from the the Cuyahoga County Sheriff's Office. If conditions do not improve, the Village may need to merge into a neighboring community.
26 June 2008
The sale of Randall Park Mall is not proceeding as expected. Mayor Smith of North Randall said that "Cincinnati United Contractors is still involved, but at this point it's hard for me to say at what level - if it will be a significant level or if it will be a minimal level." Officials also asked the state to designate the Village as a situational distress area, which would give it priority in state loan and grant programs.
06 June 2008
A Cincinnati company signed a contract to purchase Randall Park Mall for an undisclosed price. The company plans to keep the mall open while it explores ideas for redeveloping the property. Redevelopment possibilities include schools, medical businesses, offices, hotels, or retail.
03 June 2008
North Randall officials are preparing for the financial repercussions from the impending closure of Randall Park Mall, which accounts for 33% of the Village's general fund. Mayor Smith asked the Cuyahoga County Sheriff's Office for assistance with late-night patrols.
Update: a Plain Dealer editorial says that this is "a textbook case of why we need" a regional approach to governing.
22 May 2008
Randall Park Mall will close on June 12, although the anchors with exterior entrances will remain open. Mayor Smith of North Randall views it as an opportunity for redevelopment. Meanwhile, consultants for the Euclid Board of Education raised the possibility of turning Euclid Square Mall into the Euclid Educational Center.
12 May 2008
The challenges experienced by the owners and staff of the movie theater at Randall Park Mall exemplify the problems facing retailers in North Randall's struggling mall.
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