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Louis Galleria



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Galleria owner wins loan extension

General Growth Properties Inc., which owns the St. Louis Galleria, has received a two-week extension on $900 million in mortgage loans that came due on Nov. 29. (GGP)

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Galleria parent jumps after hedge fund investment

Struggling General Growth Properties Inc., owner of the St. Louis Galleria and 200 malls nationwide, rallied Tuesday after disclosing an investment from hedge fund manager Pershing Square Capital Management LP. (GGP)

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Galleria parent retains Sidley Austin LLP in ‘advisory role’

The owner of the St. Louis Galleria and 200 malls nationwide has hired one of the country’s largest law firms as it considers filing for bankruptcy protection. (GGP)

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Speaking Of Light Rail Concerns: Crime

In St. Louis – a city that's kind of close to here – public transportation is taking a bit of the blame for an increase in crime. From the River Front Times comes the money passage: Ten years later and a growing number of Saint Louis Galleria and Delmar Loop merchants worry that St. Charles voters may have been right: that maybe MetroLink actually enables criminals, especially...

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Could a Public-Transit Boom Result in a Crime Boom?

A new light rail that links East St. Louis to the nearby suburbs is being blamed for bringing urban crime to the suburban shopping malls. From an article in the Riverfront Times: Ask virtually any store manager at the Saint Louis Galleria about shoplifting, and you'll invariably get two responses: One, it's out of control; [...]