The new U.S.-based owners of the Dawson Mall in Dawson Creek are giving the run-down facility a $10 million facelift.
"The centre has been in disregard for years," Milestone Communications Leonard Forkas Jr. CEO said. " We want to breathe new life into it and enhance it and build it up to what it deserves to be."
He added: "The gas base and the agricultural base have made Dawson sort of immune to the recession."
Forkas, along with Mooring Financial Corp., were primary lenders for the mall's previous owner. The Virginia-based group stepped in when the owner literally gave up on the property last July.
From Western Investor, September, 2010
