Regency Mall almost complete for potential buyers

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News 12 First at 5 / Friday, Nov. 8, 2013

The Regency Mall has been closed for years, but that doesn't mean people haven't had access to it. (WRDW-TV / Aug. 28, 2012)
The Regency Mall has been closed for years, but that doesn't mean people haven't had access to it. (WRDW-TV / Aug. 28, 2012)

AUGUSTA, Ga. (WRDW) -- Empty and abandoned before. Now, completely gutted.

"We're pretty close to having the majority of the issues, violations here corrected," said Larry Lariscy with the City of Augusta.

He's one step closer to putting life back into this dead mall.

Inspectors say the mall is 90 to 95 percent secure as far as code enforcement issues go, once that number hits 100, they'll take cinderblocks and they'll close up the last three entrances.

"Once the property is secure, and completed, it will be a property that's available on the market," Lariscy said.

Potential buyers would submit plans for the property, detailing renovations complete with drawings.

"We would take those under review," he said.

If approved, work could begin to renovate and start marketing to bring new business to Augusta.

But with one mall already making leaps and bounds, Lariscy questions if another mall will be a good fit for the property.

"They would have to have some research done as to whether or not Augusta could support possibly another mall," he said.

And there's proof. Decades ago when regency mall opened its doors, competition with the Augusta Mall proved too much.

"Fell into decline on the retail side of it and eventually had to close," he told News 12's Patrick Price.

Twenty years later, there's some hope that this abandoned building will be revived, bringing with it more life and more opportunity.

"That's always good news here in Augusta," said Lariscy.



 
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