The Metreon's Cash Flow Problem

The Metreon's makeover — following its failure as an electronics mall of the future — sort of hinged on their nabbing New York's Tavern on the Green. When that, too, fell through, their plan to rejigger the mall so that it would have a larger mid-block entrance on 4th Street also hit the rocks. The original plan was to get started in early 2010, but now funding for that hinges on getting tenants for the forlorn mall. Westfield's still playing coy: "There is significant interest by a wide range of appealing tenants." In other words, Target. [SF Examiner, previously]