PROVIDERS SEEM SOLD ON REDEVELOPED AND REPURPOSED STORE LOCATIONS
By Murray W. Wolf and John B. Mugford
A planned $220 million to $250 million expansion of the Mall of America in
the Minneapolis suburb of Bloomington might include 150,000 square feet of
medical office space, possibly anchored by the Mayo Clinic.
Rendering courtesy of Mall of America
Call it the MOB at the MOA. A major medical office building (MOB) has been proposed as part of a planned expansion of the 4.2 million square foot Mall of America (MOA) in the Minneapolis suburb of Bloomington, and the prospective anchor tenant is said to be none other than the famed Mayo Clinic.
Talk about the ultimate retail location for a medical facility. The nation’s largest indoor shopping mall (by total area), the MOA attracts about 40 million visitors annually, with one-third of them traveling more than 150 miles to get there. The mall, which had many doubters and opponents when it was first proposed in the 1980s, is about 98 percent occupied. It boasts more than 520 stores, an indoor amusement park with 25 rides and a 1.2 million-gallon aquarium.
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