The mall has deteriorated since the mid-1990s — for example, the style of both interior and exterior signage looks dated by 21st century standards. However, it was acquired in 2003 by the Mills Corporation for $420 million (USD) [link] and plans are now underway for a $160 million redevelopment involving the renovation of 670,000 square feet (62,000 m²) of existing space and the addition of another 100,000 square feet (9,300 m²). The new open-air lifestyle district, scheduled to debut in early summer 2006, will bring new specialty stores, dining, entertainment, and an AMC Theatres complex.
