VEGAS, NV - The Desert Passage mall would be better named
"Deserted Passage," according to disgruntled retail store
owners at the upscale shopping mall surrounding the Aladdin
retailers argue that mall management and the adjoining Aladdin
are failing to draw the amount of pedestrians promised when
they signed their high-rent leases.
fact, a couple of them wondered aloud during a Friday morning
gathering how mall managers would respond if the tenants collectively
refused to pay their rent until changes were made.
of the 70 tenants in attendance said Desert Passage managers
are doing a poor job at advertising the mall, have failed
to sign a strong anchor tenant, and plan disruptive events
in front of shops that detour visitors.
a phone interview after the meeting, Desert Passage general
manager Jim Harris said some tenants have voiced concerns
that sales are not meeting certain stores' individual expectations,
but downplayed the magnitude of tenant problems.
met with a lot of retailers and we've been able to talk our
way through these problems in negotiations," Harris said.
"It's a two-way street. How can I help you? And how can you
help yourself increase sales."
a number of tenants say the amount of visitors going through
the mall are not nearly as many as they were promised in August,
when most of them signed their leases. Many of the retailers
dispute the average daily volume mall managers say it attracts:
no way 40,000 to 60,000 pass through daily. Dodger Stadium
(in Los Angeles) holds 55,000," said one tenant who requested
anonymity. "They should call it Deserted Passage."
said Desert Passage co-owners TrizecHahn Corp. of Toronto
spent $250,000 on a sophisticated counting device that counts
people entering the mall at the nine entrances. (continued