Owner announces fixtures sale, events sponsorship as Lakeside Mall nears the end – The Macomb Daily

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With only a few days to go before Lakeside Mall shuts its doors forever, the property’s owners released news of a public sale of the mall’s interior fixtures, furniture and equipment.

That was one of several initiatives announced Wednesday by Out of the Box Ventures, the retail arm of Lionheart Capital, in collaboration with the city of Sterling Heights.

Officials said proceeds of the sale will be donated to a yet-to-be-named charitable organization, which will benefit the community and the city.

“We have been deeply moved by how much Lakeside Mall has meant to the Sterling Heights community for nearly 50 years,” Allison Greenfield, principal of Leviathan Development and chief development officer of Lionheart Capital, said in a news release.

“This inspired us to create plans for repurposing the existing public art within the reimagined Lakeside. One of Lionheart’s main pillars is to reduce waste and facilitate reuse of serviceable materials and items, when possible, in the redevelopment process.”

This public sculpture at Lakeside Mall is the work of Oakland, Calif. artist Bruce Beasley, who has competed dozens of outdoor and abstract pieces of art over the years. (PHOTO PROVIDED BY LAKESIDE MALL)
This public sculpture at Lakeside Mall is the work of Oakland, Calif. artist Bruce Beasley, who has competed dozens of outdoor and abstract pieces of art over the years. (PHOTO PROVIDED BY LAKESIDE MALL)

The shopping center on Hall Road officially closes on Sunday. Lionheart has announced a massive $1 billion redevelopment of the property, which will be titled Lakeside Town Center.

A date for the fixtures sale will be released later this year, according to the release.

Other initiatives announced by the new owners include plans to repurpose existing Lakeside Mall public art within the landscape of the new Lakeside Town Center. The effort underscores the new owner’s dedication to a circular ecosystem and the creation of sustainable community development, officials said.

The public art includes three unnamed sculptures by artists Bruce Beasley, Buky Schwartz, and Fletcher Benton, which will be eventually rededicated in public spaces around the Town Center.

Lakeside Town Center will feature residences, parks, a hotel, office spaces, retail outlets, dining establishments, and more. Approximately 30 acres will be dedicated to the new public spaces, incorporating the repurposed sculptures from Lakeside Mall.

“This thoughtful integration will enhance the community’s cultural landscape and preserve the artistic legacy of Lakeside,” officials said in the release.

Also, Out Of the Box Ventures will sponsor three upcoming community events including Sterlingfest, the annual three-day art and music festival taking place July 25-27 at Dodge Park.

The sponsorship will include interactive polling stations where attendees can participate in the  “Name Our Bike Path” contest where the public can submit suggestions for a title of the new bike path within the Lakeside Town Center development for a chance to win a bicycle and sharing nostalgic images of Lakeside to be part of new Town Center imagery, Dodge Park Food Truck Rally and the State of the City Breakfast.

This untitled sculpture was created by the late Israeli artist Buky Schwartz and stood in the court outside of Macy's at Lakeside Mall in Sterling Heights. (PHOTO PROVIDED BY LAKESIDE MALL)
This untitled sculpture was created by the late Israeli artist Buky Schwartz and stood in the court outside of Macy’s at Lakeside Mall in Sterling Heights. (PHOTO PROVIDED BY LAKESIDE MALL)

Sterling Heights Mayor Michael Taylor said the city is grateful to have a developer that is so engaged with the community as Lionheart Capital/Out of the Box Ventures has demonstrated.

“They truly understand the emotional connection our community has with Lakeside Mall, and they are taking great care to preserve that legacy while planning for this transformational Lakeside Town Center,” Taylor said. “Whether it’s in the form of community event support, public engagement on aspects of the development or public art preservation, they have been an exceptional partner in what will be the largest development in our city’s history.”

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