08-08-2018 21:49 via feeds.bizjournals.com

New developer aiming to buy, revamp Plano’s ailing Collin Creek Mall

A new but well-known North Texas developer armed with a more than $800 million makeover plan is under contract to buy Collin Creek Mall in Plano.Farmers Branch-based Centurion American Development Group has most of the mall under contract and is negotiating to acquire the rest, Mehrdad Moayedi, the firm’s president and CEO, told the Dallas Business Journal in an interview.Moayedi’s plans include tearing down parts of the mall and restructuring others to use the shell. His vision also
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