Simon Property Group's stock got a boost Monday on word that it is in serious talks with Amazon to convert failing anchor store spaces in some of its mall into fulfillment center warehouses for the online retail giant. Such a use would have obvious appeal to the operators of struggling Lakeforest Mall, as well. Not so fast, the City of Gaithersburg said last night. City staff said at last night's Mayor and Council meeting that Gaithersburg's zoning code would not permit such uses at Lakeforest Mall.
Gaithersburg is already tussling with Amazon over the future of the Leidos property at MD 355 and Montgomery Village Avenue. Amazon would like to use the site as a distribution center, while city leaders have said they want a more ambitious, mixed-use project there.
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