Each interview will highlight a different step in the business building process. The hope is that as we follow Salvagno over the course of the next 6 — 12 months so that you can follow along as he launches his own truck. I sincerely hope you enjoy this series of posts. I also want to point out to the listeners that this case study is going to be a little bit different than my traditional shows.
It is enclosed and nearlysquare feet on three levels, including anchor space. However, other stores in this large mall remain largely vacant and the center is a shell of its former self.
An art theatre and Vaudeville theatre operate at the mall as well as a handful of other stores, but most of the national retailers have flown the coop. His malls in Toledosuburban Cincinnati, Denver, and this one have all languished in recent years.
He has developed and owned Metcalf South since the beginning back in the 60s, and operates his base office from within the mall.
Many municipalities have been upset with his mall management policies and procedures as of late and have threatened eminent domain or condemnation of his malls in order to remove their blighted status.
The controversy surrounding his malls is notable as he continues to operate some very beleagured malls without divulging many plans to renovate them or make them viable again.
This is probably part of the reason there is a bit of controversy surrounding the man. The city was incorporated inmaking it entirely suburban and defined by sprawl. In the past decade as Metcalf South has rapidly declined, Oak Park Mall and the newer lifestyle center a few miles south in Leawood.
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