NORTH DALLAS FRACAS OVER MALL CONSTRUCTION; THE BIG D STANDS FOR DEVELOPMENT AS COMPETITORS TIE UP ANCHORS IN A REGION THAT ALREADY MAY BE OVERBUILT.

Daily News Record, July, 1998 by Vargo, Julie

DALLAS -- Although no lines have yet been drawn in the red-sandy soil of north Texas, the battle of the malls has already begun.

The main clash is currently between Chicago-based General Growth Properties Inc. and Bloomfield Hills, Mich.-based Taubman Centers Inc. Both want to build regional malls in the Far North Dallas-Plano/Frisco corridor and have been competing to sign anchor tenants.

Taubman Centers Inc., which plans a center seven miles north of the Dallas Galleria, has obtained signed letters of intent from Dillard's, Foley's, Lord & Taylor and Neiman Marcus. The center is scheduled to open in fall 2001.

However, five miles farther north, General Growth Properties Inc. plans to open a 1.2 million-square-foot regional shopping center called...

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