Going to the movies at the mall.

PositionCharlotte

In July, the Charlotte City Council agreed to buy 80.5 acres of buildings and parking lots at Eastland Mall (cover story, October 2009) for $13.2 million. The city plans to flip the shuttered shopping center to private developers who would turn part of it into studios and sound-stages for the region's growing film industry. Boosters believe that will spur surrounding development and create construction and restaurant jobs--every set needs catering, right?--in a section of the city that has fallen on hard times. Patrick Mumford, a former council member who runs the city's Neighborhood and Business Services, says there's been a lot of interest but no definite deal since the agreement was reached. The biggest benefit of buying the property is that it would bring most of the mall under a single owner. The property belongs to seven companies...

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