HUTCHINSON, Kan. — We should learn more next week on the redevelopment plans by the new owners of the Hutchinson Mall.
As we told you recently, RockStep Capital recently purchased the mall. They’re a full service investment firm that uses investor capital to acquire shopping centers in smaller communities throughout the U.S.
Next Tuesday, Andy Weiner and his attorney Korb Maxwell will be before the Hutchinson City Council to talk about the mall project in general, redevelopment plans and a proposed public-private partnership. That will include a power point presentation of the plans.
The council is not expected to make any decisions on anything Tuesday, however the group wants to move forward as quickly as possible, so if there is a consensus of the council to move forward to the next step to development, a memorandum of understanding would be put together.
The property came to RockStep after First National Bank of Omaha filed a petition of foreclosure against the owners of Hutchinson Outlots, LLC, and the Rubloff Development Company, based out of Rockford, Ill. That was back in April of 2012. The company owned the mall and surrounding property. The property then went into receivership and RockStep acquired the property back in September.
The council will also hear from the housing commission over the property maintenance code and rental inspection program.
The meeting Tuesday will begin at 8 a.m. at City Hall.