Competition
The mall suffered several blows that stymied its potential. Shannon Tower, the office building that sits behind the mall, was the pilot of several similar office structures planned. The tower, according to Bull Realty, opened in 1978, two years before the mall. Woody Johnson, the leasing consultant for the property stated that the late developer, Scott Hudgins (who also developed the mall), wanted to build office complexes behind the mall. The demand for such never materialized and the parcels remained naturally wooded. The office developments were supposed to provide constant foot traffic for the mall.
In 1996, the Fayette Pavilion opened taking Linens N Things, Toys R Us and several other tenants away from the mall. The Fayette Pavilion was supposed to be another enclosed mall for the southern crescent but city and county zoning laws prohibited such. In 1998, Macy's closed their original location in the Davidson's building. Arbor Place Mall opened in 1999, pulling the Douglas County shoppers away from the mall and several other stores were lured away from the mall. In 2003, the Camp Creek Marketplace opened on Camp Creek and while some retailers had locations in both Camp Creek and Shannon Mall, the Shannon locations were closed by late 2004. The proposed mall in Newnan became Ashley Park, an open air shopping center that featured restaurants and retailers such as Belk and Dillard's. This development was always on the radar as a threat to Shannon since the 1990s as it was like other planned malls in the metro area. Ashley Park, by some experts took potential tenants who would have probably set up shop in Shannon Mall. Greenbriar Mall, the mall that Shannon was giving a run for its money, even lured tenants away from the area when the mall was dying.
Read more about this topic: Union Station (Shannon Mall)
Famous quotes containing the word competition:
“Mothers seem to be in subtle competition with teachers. There is always an underlying fear that teachers will do a better job than they have done with their child.... But mostly mothers feel that their areas of competence are very much similar to those of the teacher. In fact they feel they know their child better than anyone else and that the teacher doesn’t possess any special field of authority or expertise.”
—Sara Lawrence Lightfoot (20th century)
“Sisters define their rivalry in terms of competition for the gold cup of parental love. It is never perceived as a cup which runneth over, rather a finite vessel from which the more one sister drinks, the less is left for the others.”
—Elizabeth Fishel (20th century)
“Like many businessmen of genius he learned that free competition was wasteful, monopoly efficient. And so he simply set about achieving that efficient monopoly.”
—Mario Puzo (b. 1920)