Dixie Outlet Mall Redevelopment and Receivership
Sector: Commercial • Location: Mississauga, Ontario, Canada
Source: The Globe and Mail
The Dixie Outlet Mall in Mississauga, owned by Slate Asset Management, is a 35-acre income-producing property with 91% leased to around 120 tenants. Slate planned to redevelop part of the mall into three mixed-use condo towers with over 1,200 residential units in three phases. However, the project did not progress to construction due to a challenging residential market, leading to declining proper
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | under receivership |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The Dixie Outlet Mall in Mississauga, owned by Slate Asset Management, is a 35-acre income-producing property with 91% leased to around 120 tenants. Slate planned to redevelop part of the mall into three mixed-use condo towers with over 1,200 residential units in three phases. However, the project did not progress to construction due to a challenging residential market, leading to declining property values and financial difficulties. The mall entered receivership initiated by National Bank and a lender syndicate due to loan defaults and increasing debt. The property is now undergoing a court-ordered sales process. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |