Novi Town Center Explained

Novi Town Center is an open-air shopping center located at Novi Road and Grand River in Novi, Michigan, USA, in Metro Detroit.[1] Owned by CBRE,[2] the center is on Interstate 96, with the Twelve Oaks Mall on the other side of the road.[3]

History

Groundbreaking occurred in 1986 and opening occurred in 1987. Patricia Karevich, the mayor of Novi at the time, stated that the opening was the beginning of a downtown for the city.[1] Barbara G. Louie, author of No. VI on the Trail: A History of Novi, Michigan for the Novi Historical Commission, wrote that as a result of the development, "the focal point was drawn again to what was once Novi's main business district."[4]

Trammell Crow developed the 485000square feet commercial section of the mall along with the Lake Pointe Corporate Center.[5] The commercial and business centers took a 150acres plot of land.[6] This was one of the Trammell Crow company's two major projects in Michigan at the time.[7]

Historically the complex had an eight-screen movie theater. It was managed by the chain Goodrich until the management was given to an Indian couple on December 1, 2005. The couple, Sonali and Rakesh Gangwani, began screening Bollywood and other Indian films on a daily basis there.[8]

The center experienced financial difficulties in a period until 2011 due to the closure of Borders, CompUSA, and Mervyn's.[3] In 2010 its owner at the time, the Chicago firm General Growth Properties, was in Chapter 7 bankruptcy.[9]

Wal-Mart announced that it was considering opening a store on the site of the former Mervyn's at the center.[9] The theater and several other businesses closed in 2010 as part of the redevelopment of Novi Town Center related to the Wal-Mart,[10] and the theater did not reopen.[3] The theater was not a part of the plans for expansion, and because of that, the theater did not pay any rent during its final three years of operation.[2]

In 2011 the Novi City Council voted 5–2 to give a special land-use permit to Wal-Mart and 6–1 to a preliminary site plan approval to Wal-Mart; these votes allowed the development of the store to proceed.[11] The Wal-Mart opened in 2012, making it the 86th superstore in Michigan.[12] The Wal-Mart store, on a 12.8acres lot, takes up 152888square feet of space.[3] Greta Guest of the Detroit Free Press stated that new retailers planned to open as the Wal-Mart was developed.[3]

External links

Notes and References

  1. Book: Louie . Barbara G. . Samuel D. . Popkin . amp . Novi . Images of America . Charleston, SC . . 1998 . 9780738500126 . 62.
  2. News: Walsh . Dustin . Wal-Mart to Open in Novi Town Center . . October 4, 2010 . March 10, 2014 . Town Center 8, which is not part of the relocating tenants, paid no rent during the past three years it has been an Indian-themed movie theater, because it was not part of the expansion plan..
  3. News: Guest . Greta . Transformation of Novi Town Center Gains Steam . . December 28, 2011 . March 10, 2014.
  4. Book: Louie, Barbara G. . No. VI on the Trail: A History of Novi, Michigan . Novi Historical Commission . Novi, MI . 1991 . 83 . [...]others in the vicinity, thus bringing much-needed revenue into the area. The mall was said to so overpower the town that some claim the town is the mall. In 1987, when a multi-million dollar shopping development known as Novi Town Center was built, located at Novi Road and Grand River, the focal point was drawn again to what was once Novi's main business district. The area swung full circle from its starting days in[...] .
  5. Stores . 68 . 7-12 . . 1986 . Stores: The Bulletin of the N.R.D.G.A . 85 . And in Novi, Mich., Trammell Crow is building the combined Novi Town Center and Lake Pointe Corporate Center, combining retailing with corporate offices and nearby residential. The retail portion of Novi Town Center is 485,000 square feet,.
  6. Putting some there, there . Michigan Business . 4 . . 1987 . 38 . NOVI - The trend toward mixed-use developments is amply illustrated in the Lake Pointe Corporate Center and Novi Town Center now under construction on a150-acre site at the[...].
  7. Michigan Business . 4 . Business Journal Publishing Company . 1987 . Michigan Business . 29 . Trammell Crow is working on two major retail projects in Michigan. One is Novi Town Center, a 485,000-square-foot open air shopping center at the Intersection of I-96 and Novi Road, just across from[...]" and "Novi Town Center will give downtown Novi a downtown..
  8. News: Hastings . Michael . Hooray for Bollywood . https://web.archive.org/web/20160311003051/http://www2.metrotimes.com/screens/story.asp?id=8900 . March 11, 2016 . dead . . February 22, 2006 . March 10, 2014.
  9. News: Duggan . Daniel . Wal-Mart Plans Novi Store . Crain's Detroit Business . May 12, 2010 . March 10, 2014.
  10. News: Walsh . Dustin . Wal-Mart to Open in Novi Town Center . Crain's Detroit Business . October 4, 2010 . March 10, 2014 . The businesses—Diamond Jim Brady's Bistro, Pita Cafè, and Town Center 8 movie theater—closed last week as part of deal to renovate the Town Center to accommodate the Wal-Mart, said Steve Russo, president of Indianapolis-based Russo Communications, representing the Town Center..
  11. News: Cecil . Angel . Chastity Pratt . Dawsey . Elisha . Anderson . Megha . Satyanarayana . Gina . Damron . Joe . Rossiter . amp . Wal-Mart Store Gets Council's OK . Detroit Free Press . January 11, 2011 . March 10, 2014 . The City Council approved plans Monday by Wal-Mart for construction of a new store at Novi Town Center. ... The council approved a special land-use permit by a vote of 5-2 and gave preliminary site plan approval in a 6-1 vote, said Novi spokeswoman Sheryl Walsh..
  12. News: Guest . Greta . Walmart Revives Struggling Novi Town Center . Detroit Free Press . August 14, 2012 . March 10, 2014.

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