Balcones Heights Struggles with Wonderland Mall Investment Amidst Mounting Costs and Revenue Shortfalls

The gamble made by Balcones Heights on Wonderland Mall appears to be backfiring. Four years after the city purchased a significant share in the aging shopping center, expecting it to churn out $750,000 in annual profits, officials are facing up to a harsh reality. The expected cash flow has not materialized, with maintenance bills for the old structure gnawing away at funds, as reported by the San Antonio Report.

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