Westfield Horton Plaza was a quiet place during the holidays: No Santa, no Christmas tree, few shoppers.
But there was big news that may mean big changes to the mall that spurred downtown’s revitalization over the past generation.
A French real estate company, Unibail-Rodamco, bought Westfield’s 35 malls in the U.S. and Britain for $15.7 billion to add to its 69 centers in continental Europe.
No plans have been announced but the step comes none too soon for 32-year-old Horton Plaza, which has lost numerous shops and restaurants in recent months.
Westfield had been mulling ideas for a decade or more and even razed one of its original departments in anticipation of a major makeover. But the company instead focused on a $600 million upgrade to its Westfield UTC property.
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