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New Management Breathes New Life into Local Mall
ANCHORAGE - Once a thriving shopping center, Northway Mall has seen a decline in popularity over the last few years. But since being taken over by new management nearly two years ago, the mall has gone from 60 percent to 97 percent full.
"We're trying to get to 100 percent but were happy to be where were at right now," said Mao Tosi, Northway Mall Manager. "We just continue to add on good strong credible tenants."
Filling larger vacancies with Burlington Coat Factory and Planet Fitness, Tosi says its helped them make quality improvements.
Sporting goods chain Bass Pro Shop will open in the Glenn Square Shopping Center summer of 2013.
Bill Popp of Anchorage Economic Development Corporation says the area is filling up fast.
"I think were going to see once they get up and going a lot of things happening in that area... a great new addition to the community of Mountain View and Fairview," said Popp.
According to Popp, Northway mall's 'mom and pop' stores may have an advantage over the big box stores.
"Competition makes businesses sharper and it means that they are more attentive to their customers," said Popp.