Durango Mall could have new owner in 2027

Urban Renewal Authority is studying a potential redevelopment
Local retail sales in Durango grew just 0.3% over the past three years, while online shopping increased 24%, according to a presentation by Pioneer Development Co. (Jerry McBride Durango Herald file)
Local retail sales in Durango grew just 0.3% over the past three years, while online shopping increased 24%, according to a presentation by Pioneer Development Co. (Jerry McBride Durango Herald file)

Anew developer could finalize the purchase of the Durango Mall in early 2027, potentially paving the way for a redevelopment of the property. During a Durango Urban Renewal Authority meeting Monday, city Economic Opportunity Manager Tommy Crosby said CenterCal Properties LLC is interested in buying the mall, which the La Plata County Assessor’s Office values at $8.8 million. The potential purchase…