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Stock impact report

Westshore Plaza renovation gets green light from Tampa City Council [Yahoo! Finance]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: Yahoo! Finance
the landmark shopping mall at Westshore and Kennedy to knock down most of what is there, and start fresh. "Tampa is changing. Tampa is growing," said council chair Guido Maniscalco. The Ohio-based developer, the Washington Prime Group, plans to knock down everything except the Macy's and the adjacent parking lot. In its place, they will build 900,000 sq. ft. of stores. There will also be business offices, a medical center, a hotel, a HART bus station and 1,700 housing units. "We've seen the introduction of places like Midtown. We've seen the revitalization of Hyde Park," said Maniscalco. "People are asking for outdoor spaces where it's walkable. The Beach Park HOA did not address council today, instead saying in a statement that, "We are hopeful that (the project) will be a benefit to Tampa, yet we emphasize that the eventual developer should work closely with the community to ensure that the already overburdened roads are not further stressed by the added traffic." READ: Show less Read more
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