Printer friendly PDF versionFOR IMMEDIATE RELEASE
MINNESOTA TAX COURT ISSUES VERY FAVORABLE DECISION
Lansdale, PA (October 28, 2009) - American Valuation Group, Inc. announces the issuance of a very
favorable Minnesota Tax Court decision in the Eden Prairie Center shopping mall tax appeal case.
Mark T. Kenney, MAI, SRPA, MRICS, President of American Valuation Group, Inc., was retained
by the Hennepin County Attorney’s Office to provide expert witness testimony on Eden Prairie
Center, a super-regional shopping mall located in Eden Prairie (Minneapolis metro area), Minnesota.
Local news press coverage of the tax appeal case can be read at the following link:
http://www.startribune.com/local/west/66716072.html.
Eden Prairie Center is a 1,342,000 square foot two-level enclosed super-regional shopping
mall, which opened in 1976, was renovated in 1989 and 1994, and repositioned in 2001. The
property is located in the Southwest area of the Twin Cities market and convenient to I-494. The
shopping mall is anchored by Kohl’s, Sears, Target Greatland, Von Maur and JCPenney. The
repositioning involved adding a new Von Maur department store, an AMC multiplex theatres, a
Barnes & Noble, more in-lines shops and a restaurant wing. A former vacant Mervyn’s department
store was leased to JCPenney.
Eden Prairie Center has an impressive collection of stores and family-friendly features all in
an upscale, newly renovated setting. In addition to the anchor stores, the mall has over 90 stores
including Scheel's, Chico's, Talbots, Coldwater Creek, JJill, American Eagle Outfitters, Ann Taylor
Loft, Archiver’s, Old Navy, Express, Limited Too, and GAP. The mall also features a 144,000
square foot entertainment wing which includes 18-screen AMC Theatres, Barnes & Noble, Wildfire
Restaurant, and Biaggi’s Restaurant. There are many restaurants in the 750 seat Food Court, which
has a towering 3-story fireplace in the center. General Growth Properties, the second largest
shopping mall REIT in the nation, owns the mall, and handles leasing and management.
American Valuation Group, Inc. is a leader in the appraisal of shopping malls and shopping
centers, and specializes in property tax appraisal and litigation support for assessors nationwide. For
information about appraisal support services, contact Mark Kenney at (215) 855-1800 or visit our web site at www.ameri-val.com.
207 Abbey Lane
Lansdale, PA 19446Ph: 215.855.1800
Fax: 215.855.1782 Email: mkenney@ameri-val.com