Taubman to Bring Disney's Frozen Phenomenon to 10 U.S. Cities
Ice Palaces Celebrating Disney's New Frozen Sing-Along Edition DVD Release Will Be Featured from November 6 - December 24 In celebration of Disney's Frozen Sing-Along Edition DVD releasing on November 18 , a special Frozen experience is being offered exclusively within 10 Taubman malls across the U.S. from November 6-December 24 . The highest-grossing animated film of all time, Frozen will take center stage in unique, interactive Ice Palaces inside of each mall where guests can sing "Let it Go" just like Elsa, or one of many other songs from the Sing-Along Edition DVD release. In addition, they can see special scenes from the Academy Award® winning movie, create a Frozen handprint, take a photo with Olaf on his ice throne, measure yourself against the "Are you as tall as Sven and Olaf" feature and much more. Rounding out this special holiday experience, each Ice Palace will have a Frozen gift shop*. Inside, guests can purchase the original Frozen DVD, Disney's Frozen...
Taubman Completes Sale of Seven Malls to Starwood Capital Group
Transaction Expected to Increase Company's Long-Term Growth Taubman Centers has completed the sale of seven malls to Starwood Capital Group ("Starwood"). The sales are part of Taubman's ongoing strategy to recycle capital, maximize its NOI growth rate and create net asset value for investors over time. "These transactions are transformative for the company. The sale of these assets leaves our remaining portfolio significantly enhanced, with higher sales productivity and faster net operating income growth," said Robert S. Taubman, chairman, president and chief executive officer. "It also allows management to focus on the company's most strategic assets and development and redevelopment pipelines, where the greatest net asset value can be created." The following seven malls were sold: MacArthur Center (Norfolk, Va.) Stony Point Fashion Park (Richmond, Va.) Northlake Mall (Charlotte, N.C.) The Mall at Wellington Green (Wellington, Fla.) The Shops at Willow Bend (Plano, Tex.) The Mall at...
Shoppers Welcome Sarasota's Premier Shopping Destination
The Mall at University Town Center debuts with more than half its stores unique to the market Thousands of Southwest Florida residents and visitors were the first to shop The Mall at University Town Center ("UTC") at its grand opening today in Sarasota, Fla. Featuring more than 100 retailers and restaurants, well over half of which are unique to the Sarasota-Manatee market, The Mall at UTC is the only newly built enclosed regional shopping center to open in the United States this year. The 73-acre Mall at UTC , located at the southwest corner of I-75 and University Parkway , is the focal point of a larger, 276-acre University Town Center development featuring additional retail, dining and hotels, with a world-class rowing competition facility located immediately adjacent. The 880,000-square-foot mall was developed through a partnership between Taubman and Benderson Development Company, LLC . "We're excited to open The Mall at University Town Center," said Robert S. Taubman ,...