Canadian megamall developer's U.S. project on shaky ground due to pandemic
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The owners of the West Edmonton Mall mortgaged that property along with a second megamall, in order to finance a third, the new American Dream outside of Manhattan. The timing couldn't have been worse, with COVID arriving days before a planned grand opening.Canadian megamall developer's U.S. project on shaky ground due to pandemic
The owners of the West Edmonton Mall mortgaged that property along with a second megamall, in order to finance a third, the new American Dream outside of Manhattan. The timing couldn't have been worse, with COVID arriving days before a planned grand opening. Now behind on mortgage payments, can the wealthy Edmonton family maintain control of their empire? Read more