Developer Plans Lakeside Mall Transformation
It is expected that Sterling Heights City Council will vote on Tuesday on Lionheart Capital’s “Lakeside City Center” proposal for the Lakeside Mall. The mixed-used development plan includes residences, parks, a hotel and office space, and retail and dining space. The Miami developer says the project could provide an estimated $1 billion to the region over a ten-year span. The property on Hall and Schoenherr roads will host more than 2,800 multi-family apartments (including some senior housing, and 150,000 square feet of retail and dining space, 60,000 square feet of office space, as well as a 120-room hotel. About 30 acres will be donated to the city for park, streetscape and infrastructure.