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Retail Real Estate Development Veteran, Edwin Homer, Passes

Former Chrysler and Homart Executive Dies at Age 91
December 17, 2007
Retail real estate development veteran, Edwin N. Homer, passed away Dec. 9, 2007 at the age of 91. Born in 1916 in Flushing, NY; Homer resided in Metamora, MI for the last 30 years.

While his career started in the '50s working for the development arm of Grand Union (Eastern Shopping Centers - no longer in existence); Homer made his first big marks as president of Chrysler Realty in the '60's and '70s with such projects as the Boulevard Mall in Las Vegas, the Bloomfield Hills Jack Nicklaus golf course, and the Big Sky development in Montana.

In 1980, Homer signed on as chairman and CEO for Homart Development, the mall development arm of Sears, Roebuck & Co that was acquired by General Growth Properties in 1995. Homer retired in 1984, but stayed active in real estate development.

Homer served as a Trustee for the International Council of Shopping Centers from 1967 - '77; and as ICSC chairman for the 1978-'79 term. He also served in the U.S. Air Force.

This article appears in "CoStar's Retail News Roundup: Dec. 16 to Dec. 23, 2007," a weekly feature written by CoStar News Senior Editor Sasha M. Pardy. This issue of the Roundup includes expansions and new concepts at Aldi, Famous Footwear, Gamestop, JoS A. Bank, and Costco; new retail developments in IL, TX, FL, MI, and CA; acquisition, merger, or sale activity at Related Cos., Reza Investment Group, Sears and Restoration Hardware, Marsh Supermarkets, Cole Companies and Retail Ventures; store closings at Krispy Kreme; sustainability efforts at Forest City and Sears; Personnel announcements at Retail Brokers Inc. and KeyPoint; and the passing of an industry veteran.
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