Elk Grove Promenade Developer Seeks Investors

Beleaugered General Growth Properties Seeks investors to complete stalled project Chicago-based developer General Growth Propert...




Beleaugered General Growth Properties Seeks investors to complete stalled project


Chicago-based developer General Growth Properties (GGP) is actively seeking outside investors to help complete construction of the long-stalled Elk Grove Promenade mall project.

GGP, which is flirting with bankruptcy brought on by it's voracious appetite for debt, has hired the firm of Jones Lang LaSalle to find new money for the stalled project.

The project's completion has been pushed back numerous times and is currently scheduled to open in late 2010.

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Anonymous said...

Come on Lent Family step up to the plate. Finally you have a chance to give back what you took!

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