The City has been notified by the Haagen Company, who purchased the Indio Fashion Mall in 2018 from the previous owner, that the Company will no longer pursue redeveloping the site in its enclosed mall format. This notification ended a five-year planning and marketing effort, and the Haagen Company will not proceed with the approved plans to renovate and re-tenant the Mall. “Malls across the country are struggling as consumers move to other retail formats and more experiential shopping opportunities,” stated Indio Economic Development Director Carl Morgan.

 

The City will continue working with the Haagen Company to help generate interest by other developers in supporting an innovative project on the former mall property, and on the City-owned property located behind the Mall. ”We believe there is great potential for these parcels that will benefit our residents and taxpayers and we look forward to working with the Haagen Company in pursuing creative ideas for the site,” added Morgan.

 

Though Indio does not currently own nor has it owned the former mall property in the past, the City has numerous plans and programs in place that help make this site attractive for development, including the recently-adopted Highway 111 Specific Plan and a Development Impact Fee Deferral Program to encourage quality commercial and residential growth. Efforts to market the property will capitalize on the incredible wave of economic gains we have made recently, as seen in the resurgence of new and exciting businesses Downtown, and the explosive growth of north Indio.