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Macy’s Continues Lawsuit Against Horton Plaza Redevelopment

The proposed tech hub space at Horton Plaza is shown in this undated rendering.

Credit: Courtesy of Stockdale Capital Partners

Above: The proposed tech hub space at Horton Plaza is shown in this undated rendering.

The whimsical and colorful Horton Plaza Mall sits nearly empty on a corner of downtown San Diego. While the Jon Jerde-designed center attracts almost no customers today, it does attract lawsuits.

The new owners, Stockdale Capital Partners, bought Horton Plaza just over a year ago and have now been sued by one of its last remaining tenants, Macy's Department Store.

Stockdale plans to redevelop the mall into a $275 million high-tech office space with fitness studios and restaurants on the ground floor.

Macy's is not sold on the idea. Its suit is based on its leases which grant them veto power over any changes. Last week, San Diego Mayor Kevin Faulconer and several area businessmen sent Macy's CEO Jeff Gennette a letter asking them not to sue.

Macy's said no.

San Diego Union-Tribune reporter Jennifer Van Grove joins Midday Edition to explain the lawsuits and and the cutrrent status of the mall.

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San Diego Mayor Kevin Faulconer and several business leaders have asked Macy's to stand down from their lawsuit against Stockdale Capital Partners, the new owners of Horton Plaza Mall.

Aired: October 21, 2019 | Transcript

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