The owner is spending about $24 million to build the 35 stores."I don't know how much Target is spending for their store," saysMarilyn Zeigler, managing director for the mall. The Target willopen in July 2009. Demolition started this week on the site atDequindre and 12 Mile roads.

The mall was built in the mid-1960s, and had its heyday in the1970s, but as its anchors bankrupted or closed the retailers slowlywent away. The current owner bought the site in 1999. "Werefurbished the property the best we could. It was about 40%vacant, but we filled another 25% with mom and pops, and temptenants, giving locals a chance to expand a store or just start adream they had. Over the years, though, the competition gotyounger, and we had to do something."

The movie theater has a long-term lease, and the other twoanchors agreed to stay on and be reconfigured into the lifestylecenter format. Zeigler says she's negotiating with three moretenants. "We've got a couple of meetings coming up, but I can'tname names yet. Once we start construction, we'll see moreactivity."

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