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Draft pact heats up plan for Rainbow mall

It once drew Canadians to browse in stores like Burlington Coat Factory, Esprit and Cavages Records.

Today, the Rainbow Centre mall is locked to the public with a leaking roof and empty stores. But officials hope it could soon bustle with students.

A plan to locate Niagara County Community College's hospitality, tourism and culinary programs in about a third of the mall has been moving forward since NCCC President James P. Klyczek announced in August that the college was looking at the Rainbow Centre as a possible location.

Many questions remain. How much will it cost to entice mall developer David Cordish of Baltimore-based Cordish Co. to give up a portion of the long-term lease his company holds on the city-owned mall? Where will the money come from to pay for renovation work needed on the mall's parking ramp and skylights?

The first view of the legal structure by which the project would move forward emerged Wednesday when a draft memorandum of understanding was made public. A story in today's Niagara & Region section describes the proposed agreement.

View a copy of the draft memorandum here.

-- Denise Jewell Gee

tagged

Niagara Falls | redevelopment
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