The $58 million project to revitalize Merle Hay Mall is happening at the “right time and the right place for exactly the right users,” said Liz Holland, the CEO of the group that owns the mall.
The mall’s revised Iowa Reinvestment Act application was approved by the Iowa Economic Development Authority on Nov. 21. Now, the mall is working to finalize funding with demolition of the space that once housed Younkers targeted for March, Holland said.
The mall shifted gears after the Des Moines Buccaneers pulled out of negotiations in summer 2024 to make a new home with an arena at the former Kohl’s department store space…