Click to embiggen the proposed divvying-up of Valley View Center per next week's plan commission agenda.
Click to embiggen the proposed divvying-up of Valley View Center per next week's plan commission agenda.

So, They're Chopping Up Valley View ...

Rumors have long been circulating that something's up with Valley View Center. Not sure what, exactly; no one's returning calls (paging Greg Maloney). Even local commercial Realtors aren't exactly sure. But ... something. Involving the Macy's spot. Like, say, this: On Thursday, per its agenda, the City Plan Commission will vote on divvying up the 70-acre property at Preston and LBJ, per the request of SH Montfort LBJ, L.P.; MacerichValley View, L.P.; and Dillard Texas Operating, L.P.

The mall and property will be split into three chunks: one 20.5874-acre lot (the former Macy's location), one 12.1411-acre lot (where the Dillard's is) and another 37.9198-acre lot (the rest of the mall). Paul Nelson, the city planner handling the proposal, says he doesn't know why; the ownership doesn't have to tell him why they're making the request.

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