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Posted inBusinessGovernmentReal Estate

Regency Mall Area Eye’d For TIF District Improvements

After Sears, Kmart and JC Penney left Racine, a 134-acre parcel that includes Regency Mall, surrounding out lots and High Ridge Center has become the target of a potential tax incremental finance district in Racine. The city plans to propose forming a tax incremental finance (TIF) district to help spur development by offering incentives and […]

Posted inBusiness

JC Penney To Close Regency Mall Location In April

The JC Penney store in Regency Mall, 5900 Durand Ave., will be closing for good in early April, a store employee confirmed. Employees were told in November that the store will be closing because the building at 5900 Durand Ave. was sold.  JC Penney Properties Inc., JC Penney’s real estate management company, owned the building and listed […]