Bayside Marketplace for Sale

Bayside Marketplace -- a place we've been to once, because our best friend used a Chili's gift certificate from her grandma there -- is up for sale. The owner, General Growth Properties, is in a superbad financial situation (who isn't?) and has decided Bayside doesn't fit into its core niche of focusing on suburban shopping malls. But we've always thought the open-air mall was the most suburban part of downtown. There's a Chili's.

Bayside relies heavily on cruise ship-destined passengers, and as the cruise industry goes, so goes the marketplace. Let's hope it pulls through intact. Where else will the remaining tourists buy exclusive local goods from exotic stores such as Caché, Sketchers, and Baby Gap?

[Daily Business Review: Bayside Marketplace Goes Up for Sale]


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