Traction Yards, $600M development, will replace Circle Centre Mall [Yahoo! Finance]
Simon Property Group, Inc. (SPG)
Last simon property group, inc. earnings: 2/4 07:30 am
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Source: Yahoo! Finance
Enter Traction Yards, the $600 million redevelopment Hendricks Commercial Properties will put in its place. Nearly two years after the company Hendricks announced a complete rehaul of what is now Circle Centre Mall, the Wisconsin-based real estate developer said it would rebrand the site to pay homage to the city's industrial and railway heritage. In the two-block-long development, Hendricks plans to build an open-air shopping district elevated above the main street. Traction Yards will include 100,000-square-feet of office space, more than 300 apartments units, 400,000-square-feet of retail and dining space and public green space. The first phase is scheduled to open by 2029. Developers are still not sure whether a boutique hotel will be included, said Hendricks CEO Rob Gerbitz. "We think we can, and we feel pretty good about it, but it could change," Gerbitz said. If the hotel doesn't pan out, the space will be turned into additional apartments. While no specific tenants
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SPG
Earnings
- 11/3/25 - Beat
SPG
Sec Filings
- 11/18/25 - Form 4
- 11/18/25 - Form 4
- 11/3/25 - Form 8-K
- SPG's page on the SEC website