Overview
- Ramrock Real Estate announced Wednesday that it bought the Ridgmar Mall property and plans to redevelop it as Ridgmar 30 Logistics Crossing.
- The project calls for six buildings totaling 930,960 square feet at the northeast corner of Interstate 30 and Texas 183.
- Ramrock will partner with KBC Advisors and Lincoln Property Company on planning, leasing, and development.
- Developers say the conversion will draw investment and create jobs but they have not released a construction schedule or confirmed tenants.
- Several mall businesses remain open, including Dillard’s and a Cinemark theater, JCPenney has a planned November closure, and local coverage notes this fits a broader trend of repurposing declining malls into logistics facilities in North Texas.