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Charlestowne Mall's 'Woes Are of Its Own Making'

Crain's Chicago Business reports on troubles the struggling mall is facing.

Charlestowne Mall's 'Woes Are of Its Own Making'

Some of the issues the Charlestowne Mall need to overcome are of its own doing, according to Crain's Chicago Business.

"Some of Charlestowne's woes are of its own making," Crain's reports in a March 12 article. "Until last year, when it was sold out of receivership, the mall was owned for five years by creditors who did nothing to bring in fresh retailers."

The articles elaborates on the ongoing troubles the mall faces and what it's currently doing to fight back against an 80 percent vacancy rate.

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In February, St. Charles Patch reported on how plans inside the mall to add a ice skating rink and seafood buffet remained in preliminary stages. A mall spokesman told Patch that building permits "still have not been issued."

Crain's reports that the city officials say the permits had yet to be applied for by mall management.

Read more: Crain's Chicago Business

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