KUNM-FM: Peter O'Dowd

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Business
10:00 am
Fri October 21, 2011

A Sigh Of Relief For A Rebounding Shopping Center

Claudine Dimitriou owns The Beach, a day spa in Phoenix. She was virtually alone in the shopping complex after investing $80,000 to open her business in December. The bet has finally paid off.

Peter O'Dowd for NPR

Originally published on Tue October 25, 2011 4:00 am

Last fall at troubled strip mall in Phoenix, a few brave business owners opened in a virtually empty complex called Bethany East during a decidedly bad economy. In March of this year, the center fell into foreclosure and new buyers stepped in. It's been a turbulent year on this corner, but things are finally looking up for the tenants.

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