The owner of Northwoods Mall in North Charleston has let go of another large South Carolina shopping center carrying tens of millions of dollars in debt.
On a brisk St. Patrickâs Day in 1971, eager shoppers joined local dignitaries, the Science Hill High School band and Miss Johnson City to cut the ribbon on the cityâs new âMiracleâ Mall â a shopping center that promised to be a commercial hub for the region.
A bulletin in the Johnson City Press-Chronicle advertising the grand opening lauded the facilityâs free parking for 1,770 cars and the ability to shop in 72 degree, year-round comfort, which was likely a relief to the shoppers standing outside in the 40-degree chill on that Wednesday 50 years ago.
About 20 stores were opening that day, the ad declared, with another dozen on their way.
Jerry Summers: Moses Lebovitz - Co-Founder Of CBL Thursday, March 11, 2021 - by Jerry Summers
Jerry Summers
Like many children of Russian immigrants who settled in Chattanooga, Moses Lebovitz realized the American Dream of rising from poverty to substantial wealth.
“Mr. Mose” was born in Chattanooga in 1905 and died June 27, 1991 at the age of 86.
He was a graduate of Chattanooga High School on 3
rd Street and then studied business and finance at the University of Chattanooga.
Subsequent to that period he served his country in the United States Army.
His first entrepreneurial success came in the movie theater industry when he became a partner in Independent Theaters which owned and operated many properties in the Tri-State region and the South.