Present
Youth Futures sold the mall on March 30, 2006 to "VF Partners", a partnership between Commercial Horizons, Rollie Winter and Associates, and Bomier, for $2.3 million. "VF Partners" has been redeveloping the 26-acre, Valley Fair site since 2006. They have demolished most of the property. Because the former Kohl's building, the Chase Bank, and the Marcus Cinemas, were still new enough and structurally sound, they weren't torn down. In September 2007, the former Valley Fair site and surrounding blocks were placed into a tax district by the city council to facilitate improvement of the site and the surrounding area. Valley Fair Partners is recreating the Valley Fair site so that individual new buildings, rather than one single structure, are located closer to Memorial Drive, WIS - 47, and parking is located behind them. This design reverses the current layout of parking in front, building in back. The association has been calling the shopping center site Valley Fair Center, instead of Valley Fair Mall. Copps Food Center demolished the Kohl's Department Store section and built a new Copps Supermarket in its place, which includes a pharmacy. The new supermarket was to replace their old location at 1919 East Calumet Street; the new building is about 70,000 sq ft (6,500 m2). However, the Kohl's Foods portion of the former Kohl's building has been redeveloped as a strip mall.
Read more about this topic: Valley Fair Shopping Center
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