Pony Village Mall goes to sale block

By Jo Rafferty, Staff Writer
Saturday, June 21, 2008 | 11 comment(s)

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Four months ago, the owners of Pony Village Mall had high hopes for the North Bend shopping center. It was to be completely remodeled, inside and out, bringing it from a 1970s look into the 21st century.

Earlier this week, with the renovations not all done, Paul and Kathleen Rudder decided to put the Bay Area’s only mall up for sale, citing health problems. They did not disclose what the health problems are.

“When we purchased the mall, we really had no concrete plan for how long we’d hold onto it,” Paul Rudder said Friday. “We expected to be there for years. We had some health issues and that’s really our priority.”

Renovations to the 360,000-square-foot mall began earlier this year, with the addition of a vestibule and an airlock enclosure to the east entrance. At the west entrance, the couple added a handicapped-accessible door and updated the facade with a new paint job. They installed new siding on the exterior of the building. In the parking lot, the Mini Pet Mart and Human Bean coffee stand were added. The Rudders shared the cost of remodeling the new pet store.

Inside, new tables and plants were brought in. Comfortable chairs and sofas replaced old wooden benches. The mall installed Wi-Fi for laptop users. There is new carpeting at entrances and in seating areas.

A major portion of the roof was replaced, Property Manager Barry Hayes said. And more work is on the way.

“We’re also getting ready to do more parking lot sealing and striping,” Hayes said. “That should be done next week.”

Rudder also is following up on his vow to get rid of the blue-colored roof. Any day now painters should be coating it with a dark tan color. But some work will be left for future owners.

“I did not get the store fronts all remodeled,” Rudder said. “We got a great deal done and we’re pleased with what we did do.”

The mall is being offered for sale privately, said Rudder, who chose not to disclose the price. The Rudders still own a 42,000-square-foot mall in Mammoth Lakes, Calif., but he is uncertain of its future because of the economy.

“It is a tourist town down there,” he said. “It is comatose.”

With more free time, the couple plans to continue their involvement in the community.

“Operating the mall is a full-time job,” Rudder said. “Kathleen and I look forward to working with charity organizations. It’s been a fabulous experience for us.”

Rudder said he has received nothing but positive comments from people in the community since they purchased the mall in January 2007. The couple moved from Mammoth Lakes to North Bend in March 2007, and they plan to remain here.

“We love Coos County,” Rudder said. “We’re very attached to the area. We’ve gotten so much appreciation from everybody.

“We’re not going anywhere. We’re not going to own the mall, that’s all.”

Staff Writer Jo Rafferty covers business news for The World. She can be reached by calling 269-1222, ext. 236; or by e-mailing to jrafferty@theworldlink.com.
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world reader wrote on Jun 27, 2008 11:55 PM:

I'm sorry to hear that the owners are selling because of health reasons.. I wish them the best... Unfortunately that means someone new will come in, and may have a whole new idea.... I love what has been done with the mall... I actually feel like I have left Coos Bay and am in a bigger city mall.. great job to you both and I hope the new owners continue with your plan... I love the colors.....

Bay Area Resident wrote on Jun 26, 2008 6:09 PM:

What is Mr. Hayes if not a mall manager?

Coos Bay Kid wrote on Jun 26, 2008 9:58 AM:

Why don't the owners hire a mall manager? It seems like the logical option. Obviously, there is more to this story. What a surprise.

Tenant wrote on Jun 26, 2008 8:29 AM:

Wow. You people have no idea what your talking about. Rents were not raised and the mall owners have health problems. Get over your need to bash on every article in this paper.

Horn dog wrote on Jun 24, 2008 11:16 AM:

If only they had a Victoria's Secret store...I would frequent the Mall MUCH more often...

Bay Area Resident wrote on Jun 23, 2008 12:09 PM:

Pony Village Mall would be a good thing to unload--before the payments exceed what can be collected for rent!

Kay wrote on Jun 23, 2008 8:36 AM:

If only they'd thought of the $1,000.00 trash cans !!

Now THAT would have brought in business !!

North Bend Reader wrote on Jun 21, 2008 5:03 PM:

I personally think the days of the Mall are over. A 'gathering place' for crime.

Gene wrote on Jun 21, 2008 10:11 AM:

It is a shame that the entrenched business owners don't have the same attitude. Their motto is:"keep competition out".

Common Sense wrote on Jun 21, 2008 8:47 AM:

As I said in a earlier article about the Mall being fixed up:

Standard business play, fix it up (Raise rents also) & sell it for a profit or dump it FAST for a tax write off!

Coos Bay Kid wrote on Jun 21, 2008 8:26 AM:

I'll buy it for 1$.


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