The Providence Place mall is expected to hit the market in mid-September, after a Superior Court judge granted permission for its sale. (Photo by Michael Salerno/Rhode Island Current)
Time to start shopping for a buyer with the cash and creativity to make over the Providence Place mall.
A July 28 order by Providence County Superior Court Judge Brian Stern lets court-appointed receivers list the mall property for sale, redirecting profits to private lenders owed more than $250 million in principal and interest from a 2011 mortgage loan. The listing expected to hit the market in September also offers a chance to revive the sprawling shopping destination in the heart of downtown Providence — either as a mall, or something else entirely…