The Wall Street Journal
November 17, 2014
National home-builder Lennar Corp. has joined with mall-owner Macerich Corp. on plans to develop a luxury-outlet mall as the anchor of a redevelopment of San Francisco’s Candlestick Point.
Lennar intends to announce Monday that its Lennar Urban division, which specializes in urban-redevelopment projects, has formed a 50-50 partnership with Macerich to develop the 500,000-square-foot mall at an estimated cost of more than $200 million.
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