Eastern Hills Mall owner seeks partner or may consider sale if price is right

The Eastern Hills Mall in Williamsville. (Robert Kirkham/Buffalo News file photo)

The New Jersey-based owner of Eastern Hills Mall is looking for a joint-venture partner to help with a proposed remake of the mall into a “lifestyle center,” but will also consider an outright sale if the price is right, company officials said Tuesday.

Mountain Development Corp. is seeking other real estate development and investment partners that could bring both cash and expertise to the table, as it seeks to convert part of the sprawling mall in Clarence into a town center with housing and a hotel.

That is not a new plan for Mountain Development, which has talked about such a transformation for more than a year. But it’s a costly and ambitious makeover that it needs help to achieve.
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