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Shopping Mall Redevelopment and Re-Use - StoneCreek Partners Flipbook PDF
Shopping Mall Redevelopment and Re-Use - StoneCreek Partners
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Shopping Mall Redevelopment and Re-Use - StoneCreek Partners Property
Owner/ Developer
Status
1312 El Paseo de Saratoga Redevelopment San Jose, California
Sand Hill Property Buildings with tenants such as REI, Petco, Ulta Co. Beauty, Tillys, European Wax Center, Pizza My Heart, and AMC Saratoga 14 movie theaters would be kept following the new development.
Aiken Mall Aiken, South Carolina
Southeastern Development Associates
The developer plan to take the closed mall and turn it into an outdoor mixed-use space with residential, retail and public space. Opened in 1989.
Baldwin Hills Crenshaw Plaza 3650 W. Martin Luther King Jr. Blvd, Los Angeles, California
LIVWRK (New York) and DFH Partners (New York) pulled out of their deal to acquire the mall, following a similar previous attempt to buy the mall by CIM Group. A 43-acre property including the 869,000 SF BHCP shopping center. Formerly owned by Capri Urban Investors (Chicago). The mall first opened in 1947.
Bannister Mall 5600 Bannister Road, Kansas City, Missouri
The mall was demolished in early 2009, first opened in 1980.
Bayshore Town Center Glendale Wisconsin www.thebayshorelife.com
Cypress Equities (Dallas)
The enclosed parts of this mall have been demolished. Among other changes at this mall, Target is taking over the space where a Boston Store (Bon-Ton Stores Inc. ) had operated. First opened in 1954.
Big Box mall Jurong East
Perennial Real Estate Holdings
Mall is slated for conversion to a business park. The property is located in the Jurong Lake District, which is slated to become Singapore's largest commercial and regional centre outside of the city center. The property is to be renamed Perennial Business City.
Bon Marche Mall Baton Rouge, Louisiana
EdgePWR
Before its repurposing, the original Bon Marche Mall was the city's first enclosed shopping mall and eventually became a high-density office park that was renamed Bon Carré. The 43-acre property now serves as a business hub for a number of local and national companies. The Bon Marche Mall first opened in 1960.
Boynton Beach Mall 801 N. Congress Avenue, Boynton Beach, Florida www.boyntonbeachmall.com
Washington Prime The mall would be redeveloped as a major mixedGroup use destination if the current plan moves forward. The mall first opened in 1985.
Bridge Mall Ballarat, Victoria www.bridgemall.com.au
Theo Frangos
Brodie Oaks Shopping Center Austin, Texas
Barshop & Oles Co.
Proposed for redevelopment to a 38-acre mixeduse development with as much as 3 million SF of office, residential, and retail space.
Brookfield Square 95 N. Moorland Road, Brookfield, Wisconsin
CBL Properties
The mall first opened in 1967.
Brookwood Village Birmingham, Alabama
Fairway Under contract with plan to redevelop. The mall Investments first opened in 1974. (Birmingham) and Pope & Land Real Estate (Atlanta)
Burgess Hill town centre
NewRiver
Members of the planning committee voted unanimously to approve the redevelopment of The Martlets shopping centre to include 172 flats, a ten-screen cinema, bowling alley, gym and hotel.
Property
Owner/ Developer
Status
Burnsville Center Burnsville, Minnesota
Kohan Retail Investment
The mall's parking lot is envisioned to subdivided and redeveloped with housing, office space, restaurants and possibly a hotel. The investor bought the debt on half of the mall of $18 million.
Carousel Mall 295 Carousel Mall San Bernardino, California
City of San Bernardino
Two developers have presented redevelopment proposals; the City may reject in favor of a larger regeneration scheme. On 3/3/2021, the team of Renaissance Downtowns USA and ICO Real Estate Group were selected as preferred developer. The City would like the mall to be redeveloped as part of an overall revitalization program for the City's downtown area. A 43 acre shopping center property, shuttered for good in 2017. The mall first opened in 1972.
Center Village Burnsville
Kohan Retail Kohan Retail Investment Group acquired Investment Group, approximately half the mall property at auction in through affiliate fall 2020. CBL was the prior owner.
Century Plaza Birmingham, Alabama
Stonemont Financial
The demolition of Century Plaza is underway to clear the way for a new last-mile delivery center for Amazon. The mall had and sat empty since May, 2009. The 743,795 SF mall had first opened in 1975.
CF Grand Market District (formerly, Fairview Park)
Cadillac-Fairview
Redevelopment of former 140,000 SF Sears store, vacant since early 2018. The major redevelopment of the mall began in 2019.
Chapel Hill Mall 2000 Brittain Road, Akron, Ohio
Industrial Commercial Properties
ICP now owns 829,000 SF of the mall, which is all but the former Macy’s department store and its parking lot on the north end of the mall. The 72acre mall first opened in 1967. In 2018, Storage America (SA) bought and moved into the former Macy’s parcel.
Chesterfield Mall
The Staenberg Group
TSG first acquired the mall's Sears building in 2018 and has subsequently acquired the mall (February 2020).
Christown Spectrum Mall Phoenix, Arizona
Kimco Realty Kimco plans to create a "main street" walkable Company, is area through what is now a shopping mall. The management 98-acre Christown opened in 1961. company for mall.
City Point Plano (Tarrant County), Texas
Centurion American Development
Clay Terrace Carmel Indiana
Washington Prime Re-purposing planning underway, towards mixedGroup Inc. use use with some remaining retail. Original developed as a lifestyle retail center, opened in 2004.
Collin Creek Plano (Collin County), Texas www.collincreekmall.com
Centurion American Development
Under redevelopment to create a $1 billion mixeduse facility. First phase expected to be completed by 2024. The project features 6,000 residences, including apartments, senior independent living and townhomes, along with a hotel, retail, park and office space. The mall first opened in 1981 and closed in 2019.
Colony Square 1175 Peachtree Street NE, Atlanta, Georgia www.colonysquare.com
North American Properties
Under redevelopment, conversion to more vital mixed-use program.
Connecticut Post Mall 1201 Boston Post Road, Milford, Connecticut www.shopconnecticutpostmall.com
Centennial Real Estate Company
The mall owner's proposal to place a 300-unit apartment building at the mall failed to secure Planning & Zoning Board approval. The mall has lost two major anchor stores (Sears and J.C.
52 acres, the site of the former North Hills Mall.
Property
Owner/ Developer
Status Penney) over the past few years. Mall was first built in 1960.
Coquitlam Centre
Pension Fund Realty
Redevelopment envisioned to convert the 60acre mall into a large mixed-use district and create a regional Town Centre. Part of City Centre Area Plan (CCAP), just approved.
Crestwood Mall site Crestwood, Missouri
Dierbergs and McBride Homes
The plan is to turn the 47 acres at Watson and Sappington roads into a mix of residential and business use. The mall was shuttered in 2013 and demolished in 2016.
Crossroads Mall 7400 Dodge Street, Omaha, Century Nebraska Development Co., Lockwood Development
Demolition underway. A $533 million, 40-acre redevelopment to mixed-use. Demolition begins in December 2020. The existing Target store will stay in place. One of the first indoor malls in the U.S., opened in 1960.
Croydon town centre
A regeneration scheme is in discussions. Croydon town centre is a major hub of activity for shoppers, workers and visitors – with East Croydon station handling 26,000+ daily passengers.
Cumberland Mall Atlanta, Georgia
Brookfield Properties
The Cobb County Board of Commissioners have approved rezoning for planned redevelopment of 17.29 acres of the Cumberland Mall property in the Cobb-Galleria area.
Dallas Midtown Dallas, Texas www.dallasmidtown.com
Beck Ventures
A $4 billion repurposing of Dallas’ old Valley View Mall. First opened in 1973, shuttered in 2019.
Dezerland Park Orlando 5250 International Drive
Michael Dezer
An 800,000 SF entertainment complex, former Artegon Marketplace shopping mall which shuttered (mostly) in January 2017. Venues envisioned at Dezerland Park include a 250,000 SF museum of famous cars and vehicles, restaurants, go-kart track, bowling, trampoline park, mini golf, and an arcade.
Diagonal Plaza Boulder, Colorado
Boulder Housing Partners, Trammell Crow Co., and Coburn Partners
The defunct strip mall is envisioned for repurposing as a mixed-use commercial and residential district with a community park.
Dulles Town Center 21100 Dulles Town Circle, Sterling, Virginia
Centennial Advisory Services
Now managed by Centennial Advisory Services, following October 22, 2020 foreclosure. The property is part of a 554-acre Dulles Town Center MPC (Lerner Enterprises). The 23.5-acre shopping center first opened in 1999
East Brunswick Redevelopment Zone New Jersey
Slated for new construction including apartments, a hotel, a skating rink, small businesses, a transportation center, and public recreation areas. The zone lies on Route 18 South between Eggers Street and Ferris Street.
East Hills Mall Bakersfield, California
Stephen Zimmerman and Michael Heslov
Demolition of the now former mall has begun. No redevelopment plan has been formalized as yet.
Eastland Center Harper Woods, Michigan
NorthPoint Development LLC
The 640,000 SF mall is to be demolished and replaced by warehouse and industrial space. The mall first opened in 1957.
Eastland Mall Charlotte, North Carolina
Crosland Southeast
Major redevelopment plans for this 69-acre site are new in place for what was once the largest mall in the state. The city demolished the mall in
Property
Owner/ Developer
Status late 2013, following its shuttering in 2010. Originally opened in 1975, a Faison Enterprises development.
Eastwood Mall Birmingham, Alabama
eCurve shopping Mall
Known as the "largest mall in the South in the 1960s." Shuttered in 2006, replaced by a Walmart Supercenter. Damansara Entertainment Centre Sdn Bhd, will redevelop the mall.
Plans for redeveloping the mall after a 14-year run are underway. Damansara Entertainment Centre Sdn Bhd, is a unit of Boustead Properties Berhad (BPB)
Edmonton Green Mall 62 The Market Square Crosstree Edmonton (North London)
15-year phased redevelopment is planned, featuring homes and retail-entertainment tenants. First opened as a 495,000 SF mall, in 1967.
Elephant and Castle London, U.K.
The shopping center set to close at the end September 2020, as part of a massive development in the area. The mall will be demolished to make way for mega $3.9 billion area redevelopment (regeneration) that will include an open-air town center.
Delancey
Empire Outlets 55 Richmond Terrace, Staten Island, New York
The $350 million outlet mall, opened in May 2019. The mall struggles with low occupancy.
Esplanade Mall 1401 W. Esplanade Avenue, Kenner, Louisiana
Kohan Retail Investment Group
TSW (Atlanta) has recommended conversion of the mall site to mixed-use. First opened in 1983.
Fair Oaks Mall Fairfax, Virginia
Taubman
Taubman is working towards an amendment to the county’s Comprehensive Plan, to allow a transition of this typical suburban mall to a mixed-use development. Opened in 1982.
Fashion District Philadelphia 901 Market Street, Philadelphia
PREIT
PREIT has ceded control of its flagship asset: the $420M Fashion District Philadelphia mall. The mall first opened in 2019.
Fashion Square Mall Saginaw Charter Township, Michigan
TBD
Foreclosure auction scheduled. Namdar requested a deed in lieu in 2020, to give up Fashion Square Mall, resulting in the Farbman Group's appointment as interim manager. First opened in 1972.
Fifth Avenue Mall - Adjacent Anchorage, Alaska
Anchorage Community Development Authority
The ACDA is acquiring the J.C. Penney parking garage in downtown Anchorage, and J.C. Penney’s majority stake a building that had been occupied by Nordstrom.
Forest Mall Fond du Lac, Wisconsin
ATR Corinth
The 500,000 SF mall is being repurposed, with the help of a $3.5 million tax increment financing district approved by the city. The enclosed mall, now shuttered (January 2020), first opened in 1973.
Fox Valley Mall 195 Fox Valley Center Drive, Aurora, Illinois
Centennial Real Estate
The vacant Sears store could be razed in early 2021 to allow for a three-building apartment development.
Fox Valley Mall Aurora, Illinois
Centennial Real Estate Co.
A former Sears store site will be repurposed as 304 apartments as part of the “Fox Valley 2.0” transformation. The first opened in 1975.
Gallatin Valley Mall Bozeman, Montana
Grossman Development Group, LLC in partnership with mall owner.
Redevelopment is underway, with Phase 1 including a Whole Foods store. Coming phases will convert the mall to more of a "main street" and lifestyle experience with entertainment. The mall first opened in 1980.
Galleria Corporate Center 4343 North
Stockdale Capital
A 500,000 SF tech company office hub. An
Property
Owner/ Developer
Status
Scottsdale Road, Scottsdale, Arizona
Partners
adaptive re-use of the former Scottsdale Galleria (first opened in 1991), acquired by Stockdale in 2013.
Galleria on the Park Toronto, Canada
ELAD Canada
A new name for what was Galleria Shopping Centre (1972), already under redevelopment and will open in phases over next years.
Galleria White Plains, New York
Pacific Retail Capital Partners (PRCP)
The mall has 865,000 gross leasable SF in its four levels. It counts 2,840 available parking spaces. PRCP bought the mall in 2016 from the Simon Property Group for about $120 million. The Galleria was built by Cadillac Fairview and opened in the summer of 1980.
Glendale Town Center 6101 N. Keystone Avenue, Indianapolis, Indiana
Kite Realty
Kite has partnered with Milhaus, a national developer of residential buildings, to build a 267unit apartment complex in an under-utilized parking lot called AYR. In 2007, the original structure was demolished and Glendale survived as an open-air center. The mall first opened in 1958, designed by Victor Gruen.
Golf Mill Shopping Center Illinois
Sterling Organization
Redevelopment concept includes open-air plazas, restaurants, entertainment, multi-family residential development, hotels, medical office, and recreational uses.
Grossmont Center El Cajon, California
Federal Realty Investment Trust
64-acre property with existing 925,000 SF regional mall. First opened in 1961.
Gwinnett Place Mall
Gwinnett County
New owner Gwinnett County expects to redevelop the mall. Thirty-nine acres at metro-Atlanta's Gwinnett Place Mall, not including anchors Macy's, Mega Mart and Beauty Master and the former Sears building, were purchased by the Gwinnett County Board of Commissioners for $23 million. The mall first opened in 1984.
Hamilton Place Chattanooga
CBL Properties
A new Aloft hotel has been developed on site of former Sears store at the mall.
Hawthorn Mall Vernon Hills, Illinois
Centennial Real Estate Co.
Focus and Atlantic Residential will develop 303 luxury apartments and 55,000 square feet of Main Street retail where a Sears once stood. Centennial acquired a majority stake in the mall in 2015. The mall first opened in 1973.
Heartland Mall 300 Early Blvd,, Early, Texas
First opened in 1980.
Hilltop Mall Richmond, California
LBG Real Estate Cos. / Aviva Investors (UK)
Walmart is the sole remaining anchor tenant. Has been marketed for sale as the East Bay Science and Technology Center. A 78-acre property.
Horton Plaza San Diego, California
Stockdale Capital Partners
Redevelopment for the well-known 10-acre city center mall. Life sciences are a key target industry, looking to compete here with San Diego's UC San Diego adjacent life sciences cluster. The mall initially opened in 1985.
IKEA at 6X6 Building 945 Market Street, San Francisco, California
Ingka Centres
Scheduled to open fall 2021. To be anchored by IKEA. Ingka Centres' second mixed-use project in a downtown location, following the company's acquisition of Kings Mall in London's Hammersmith earlier this year.
Independence Mall Wilmington, North Carolina
Brookfield Properties Retail Group
The Lidl at Independence Mall is part of a redevelopment of the former Sears site and Sears wing at the shopping center. Five Below and
Property
Owner/ Developer
Status Dick's Sporting Goods have also opened in the new, exterior-facing portion of the mall. The Sears wing of the mall was demolished in 2019, to make way for redevelopment. The mall first opened in 1979.
Indian Mall Jonesboro, Arkansas
Southern Hills Real Estate LLC
Under redevelopment. First opened in 1968. The Mall at Turtle Creek contributed to the deterioration of this mall.
Indian Springs Mall Missouri
Commissioners for the Unified Government turned the old property into an “opportunity zone.”
International Plaza 318 E. Golf Road, Arlington Heights, Illinois
13-acre site
Jacksonville Landing
The Cordish Companies
Lot J development is proposed. Demolished by the city. The shopping center first opened in 1987, a festival marketplace by The Rouse Company.
Jamestown Mall Old Jamestown, Missouri
St. Louis County Port Authority
The former mall will be demolished under a plan to move forward with new types of redevelopment instead of industrial plans. The mall was shuttered in 2014; first opened in 1973.
Johnsonville Shopping Centre 66 Johnsonville Road, Johnsonville, Wellington www.johnsonvilleshoppingcentre.co.nz
Stride Property,
Plans envisioned for a mixed-use revamp of the center.
Karmel Square Mall Minneapolis, Minnesota Basim Sabri
An eight-story building called New Karmel Square will replace the mall destroyed in summer 2020. The redevelopment includes a burned Walgreens store.
Kingsdale Shopping Center City of Upper Arlington, Ohio
Continental Real On the site of a former Macy's department store, Estate Companies plans call for a six-story senior housing facility, a seven-story apartment building and a nine-story mixed-use building featuring residential and office space.
Lakeforest Mall Gaithersburg
WRS Realty
Redevelopment plan envisions call 500 to 600 townhouses, 120 to 150 condominiums, and 175 to 250 apartments, along with 400,000 to 500,000 SF of retail, along with suitable parking. The 102acre mall property now includes 1.1 million SF of retail and 7,000 parking spaces. Originally built by Taubman Co., the mall initially opened in 1978.
Landmark Mall Alexandria, Virginia
Howard Hughes Corp.
Inova Health System has announced plans to build a $1 billion medical campus on this vacant 52-acre mall site. The hospital system plans to anchor a walkable, 4 million SF medical, retail and residential community, featuring a mixed-use, walkable urban village, with a central plaza and parks. A transit hub would include bus rapid transit, the local DASH bus system and Metrobus. The central portion of the mall shuttered in 2017. The mall first opened in 1965 as a 3-anchor openair center.
Landover Mall
Lerner Enterprises Now demolished. An 80-acre site. The mall first opened in 1972.
Liberty Crossing mall 4321 N. I-35, Gainesville, Texas MacArthur Center Norfolk, Virginia
42 acre outlet mall offered as a redevelopment opportunity. The mall structure A complete teardown of the 1.1 million SF is owned by structure is one of three possibilities envisioned Starwood for MacArthur Center’s future by the city, The 23-
Property
Owner/ Developer Property Trust
MacFarland Mall Tuscaloosa, Alabama
Status acre MacArthur Center mall was built in 1999. The mall was demolished in February 2021, to make way for a sports complex now in planning. The mall first opened in 1968.
Mall at Wellington Green 10300 Forest Hill Blvd., Wellington, Florida www.shopwellingtongreen.com
Starwood Retail Partners LLC
Redevelopment plans have been withdrawn, future prospects not clear. A 3.5-acre Crystal Lagoon with man-made pool with rental cabanas was part of the new vision. The mall first opened in 2001.
Marketplace at Factoria Bellevue, Washington
Kimco Realty Corp.
The 526,000 SF existing mall will re re-purposed to mixed-use with two office buildings totaling 175,000 SF, 685 apartment units, a 150-room hotel, and additional retail space.
Merle Hay Mall Limited Partnership
New plans include the relocation of Kohl's, a 3,500-seat multipurpose arena and a hotel. The former Sears store at Merle Hay Mall will be demolished. The 1,060,000 SF mall first opened in 1959.
Meadowbrook Shopping Center Prairie Village, Kansas Merle Hay Mall Merle Hay Mall 3800 Merle Hay Rd., Des Moines, Iowa
Metcalf South Shopping Center Missouri
The mall failed and was shuttered. A Lowe's opened in 2018 at the space that was once anchored by Macy's. Metcalf South had first opened in 1967,
Metro North Crossing Kansas City, Missouri
The former Metro North Mall (896,874 SF) is under redevelopment, to include housing, office, and retail. One area of the former mall has been replaced by T-Shotz, a golf entertainment complex with 66 climate-controlled hitting bays on three levels, along with restaurant and event space. The former mall had opened in 1976.
Metrocenter Mall 9617 N. Metro Pkwy W, Phoenix, Arizona
The mall permanently closed in June 2020. In 2016, Carlyle USA received approval for a new Planned Urban Development Zoning Overlay for the 1.6 million SF mall. The owner’s plan was to turn the property it had acquired in 2012 into a mixed-use destination with retail, medical office, hotel, dining, residential, senior care and office components. The mall had first opened in 1973.
Midway Shopping Center St. Paul, Minnesota
Property owners and operators Rick Birdoff, RD Management, RK Midway and Minnesota United FC soccer team owner Bill McGuire received city approval five years ago for a master redevelopment plan that calls for offices, apartments, a hotel, parks and other amenities to create an urban village. Next door to Allianz Field, near the corner of Snelling and University Avenues.
Military Circle Mall Norfolk, Virginia
City of Norfolk
The City is seeking a developer to undertake a mixed-use transformation of this mall. The city of Norfolk paid $13.4 million in June 2020 for the 73 acres that include the mall and a long-vacant DoubleTree hotel tower next door.
Moorestown Mall 00 NJ-38, Moorestown, New Jersey
PREIT
Housing, a hotel project and a town-center complex are envisioned on parts of the existing mall property, now approved by the City Council. Macy’s, Lord & Taylor’s and Sears anchor stores
Property
Owner/ Developer
Status have shuttered in recent years. The mall first opened in 1963.
Moorestown Mall Moorestown, New Jersey
Pennsylvania Real 83-acre mall. The township planning board has Estate Investment advanced an effort that could lead to the Trust Moorestown Mall being declared an area in need of redevelopment. The mall owner desires to demolish the former Lord & Taylor store, for housing development. First opened in 1963.
NewPark Mall Newark
Brookfield Properties
Preliminary plans submitted by Brookfield Properties envision the demolition of two large, two-story buildings on the eastern side of the mall — the 120,000 SF former location of JCPenney, and the 87,000 SF former location of Burlington (previously a Mervyn’s store). A 126,000 SF, twostory section of the mall would also be demolished to make room for a large discount warehouse. Costco is considering adding a nearly 162,000 SF Costco on a roughly 74-acre portion of the NewPark Mall site.
North Dekalb Mall
Edens
The 77-acre mall was acquired by Edens (from Sterling Organization) in September 2021. The 637,000 SF mall first opened in 1965.
North Point Mall Alpharetta, Georgia
New York Life Insurance Co.
44-acre site, envisioned to be redeveloped with townhomes, 650 apartments, a 150-unit hotel and hundreds of thousands of SF of office, medical, retail and restaurant space. First opened 1993.
Northgate Mall Durham, north Carolina
Northwood Investors
Plans are to redevelop the 55-acre mall as a mixed-use property.
Northgate Mall San Rafael, California
Merlone Geier Partners
The repurposing plan calls for building 1,356 apartments, transforming the shopping center into an open-air complex and obviating a proposal for a Costco store. The property owner plans to renovate the mall’s movie theater and expand it by 20,000 SF. The new cinema would reach 65,000 SF and include an IMAX theater.
Northgate Mall Seattle, Washington
The mall site has undergone development of high-density residential, a hotel, a transit center and a National Hockey League center, among other facilities. An ancillary parking lot was repurposed as senior housing dubbed Aljoya Thornton Place. The mall was first built in 1950.
Northlake Mall
ATR Corinth Partners
ATR Corinth Partners, a Dallas, Texas-based real estate company that purchased the millionsquare-foot mall in 2016, is in the process of converting shut-down shops into rentable office space.
Northland Center Southfield, Michigan
Contour Companies (Bloomfield)
Phase I of redevelopment has had its groundbreaking. New owner plans to convert the mall to a mixed-use destination, in two phases. A food hall similar to Ponce City Market (Atlanta), dubbed Hudson City Market, will anchor the repurposed project. The Southfield City Council agreed to sell the defunct mall to Contour Companies for $11 million, after rejecting numerous prior offers.
NorthPark Mall Davenport, Iowa
Macerich
The City intends to create a new zoning district, dubbed the "City Centre District," as part of an effort to reposition NorthPark Mall and
Property
Owner/ Developer
Status surrounding property for redevelopment. Three of the mall's five anchor tenants remain. Sears and Younkers closed within months of each other in 2018, leaving behind thousands of square feet of empty retail space. The mall first opened in 1983.
Oak View Mall Omaha, Nebraska
Nuveen, LLC
Current owner Nuveen is reported to have this mall offered for sale. An 860,000 SF shopping center, originally opened in 1991.
Oakridge Centre Vancouver, British Columbia
QuadReal Property Group
There will be about one million SF of new retail space, including 750,000 SF of new-enclosed shopping as well as 250,000 SF of pedestrianfriendly outdoor shopping. The redevelopment will include two large anchor tenants — a new grocery store operated by Empire Company with either the return of Safeway or the introduction of the Sobeys brands, and a brand new 140,000 SF HBC department store.
Olean Center Mall 400 N. Union Street, Olean, New York
Angelo Ingrassia
24-acre property. Original owner was Zamias Group. The mall first opened in 1977.
Outlet Collection at Elk Grove 9341 Big Horn Blvd, Elk Grove, California
Boyd Elk Grove LLC
Wilton Rancheria (tribe) owns 36 acres of land next to his 64-acre former mall site. The tribe is partnering with Boyd for the development of a gaming resort project that would be the closest such casino property to Sacramento. This abandoned mall was acquired from Howard Hughes Development in December 2020; the mall had never been completed.
Outlets Park City Kimball Junction, Utah
Singerman Real Estate and The Outlet Resource Group
Proposal to redevelop part of the outlet mall, to include a new grocery store.
Paradise Valley Mall Phoenix, Arizona
Macerich and RED Macerich has filed a request to rezone the 77Development acre property near Cactus Road and Tatum Blvd. to allow for the construction of a mixed-use development. Redevelopment plan approved Feb 18, 2021, for mixed-use development with retail shops, a grocery store, restaurants, high-rise multi-family housing with a maximum 120 feet in height, office, and self-storage. Paradise Valley Mall was built in 1979 and expanded in 1990. Macerich acquired the mall, along with other malls in the area, from Westcor in 2002.
Park Place 5870 E. Broadway, Tucson, Arizona www.parkplacemall.com
Brookfield Properties Retail Inc.
Park Plaza Little Rock, Arkansas
Deutsche Bank Trust Company Americas (trustee)
Paseo Nuevo Santa Barbara, California
Paseo Nuevo Owners LLC
The Santa Barbara Planning Commission rejected an updated development agreement between the mall and the City of Santa Barbara. At stake in making the deal is the nature of retail and public activity at the mall going forward.
Pembroke Lakes Mall Pembroke Pines, Florida
Brookfield Properties
Former Sears dept. store will be converted to a Round One Entertainment Center.
Penhorn Mall
Crombie REIT and
The property owners may be ready to proceed
Round 1 moved into 44,000 SF of the former 104,000 SF Sears store at Park Place, filling the space spread over two floors
Property
Owner/ Developer
Status
Clayton Developments Ltd.
with a plan to build out the area known as the Penhorn lands, behind a Sobeys store, where the Penhorn Mall once stood.
Pinecrest in Orange Ohio
Square Mile Capital Management
A 58 acre, 750,000 SF complex, originally developed by Fairmount Properties and DiGeronimo Companies. The shopping center first opened in 2018.
Plano Market Square Mall Spring Creek Parkway
Triten Real Estate Partners
Plano’s City Council has approved a plan to turn a long-vacant shopping mall into a mixed-use project. The new owner seeks to retain some retain but convert the location to a mixed-use facility. The single-level 300,000 SF shopping center was originally built in 1980.
Pompano Citi Centre 1955 N. Federal Highway, Pompano Beach, Florida
The Morgan Group
The former Macy’s building at the Pompano Citi Centre mall could be redeveloped into apartments. The Morgan Group has 12.1 acres, including the land owned by Macy’s and part of the mall parking lot owned by the Sterling Organization, under contract. The developer is seeking to rezone that land from “commercial” to “irregular residential," which would permit 356 apartments. The mall first opened in 2006.
Queensmere & Observatory sites Slough, England
Abu Dhabi Investment Authority
The "Slough Central" proposal for the redevelopment of the Queensmere Shopping Centre envision 1,600+ homes, 430,000 SF of office space, a new town square and various community amenities.
Regency Mall Augusta, Georgia
Cardinal Management LLC
80 acre property, former shopping mall now being demolished. The first mall opened in 1978.
Reimagine Redbird
Peter Brodsky and Redevelopment of mall envisioned to place Terrance Maiden medical and office tenants for the $200 million redevelopment The former 94-acre Redbird mall at Interstate 20 and U.S. Highway 67. Health care providers Parkland Hospital, UT Southwestern Medical Center and Children’s Health have announced plans for medical facilities at Redbird. Redbird Mall was first built in 1975.
River Oaks Center Calumet City, Illinois
Mason Asset Management and Namdar Realty Group
Rockwood Plaza Richmond, Virginia
Mayor has announced interest in repurposing as a mixed-use entertainment district.
Part of a 673-acre city redevelopment plan that includes the Rockwood Square, Oxbridge Square and Rockwood Plaza shopping centers.
Sandusky Mall 4314 Milan Road, Sandusky, Ohio
Cafaro Company
Housing is being introduced at the mall. The mall first opened in 1977.
Seminole Towne Center 200 Towne Center Circle, Sanford, Florida
Kohan Retail Investment Group
A 1.1 million SF property. First opened in 1995.
ShoppingTown Mall 3649 Erie Blvd E, Dewitt, Onondaga County New York
The county acquired the mall from Moonbeam Capital (2020). The property opened as an openair shopping center in 1954, and was converted to an enclosed mall in 1975.
Shops at Sunset Place
Federal Realty Investment Trust
Federal Realty has announced that it will likely not continue as owner, nor initiate redevelopment as once envisioned. The mall first opened in 1999.
Shops at Worthington Place Worthington, Ohio
Direct Retail Partners
Owners propose demolishing much of the mall to allow for office development.
Property
Owner/ Developer
Status
South Bay Galleria Redondo Beach, California
Queensland Investment Corp.
The 29.85-acre mall is slated to begin renovation in 2022. The modification, slated for completion in 2023, will add an estimated 622,043 SF to the site for a total of approximately 1,6 million SF. New elements will include a 150-room hotel, 300 apartment units and a total of 250,000 SF square feet of public open space.
Southern Park Mall 7401 Market Street, Youngstown, Ohio
Washington Prime Covering an area of approximately 1.16 million SF, Group the mall is the biggest shopping destination in Mahoning County.
Southern Park Mall 7401 Market Street, Youngstown, Ohio
Washington Prime Group
Southridge Greendale, Wisconsin
Simon Property Group
Short Pump Town Center Henrico County
Southtown Mall 7800 S. Anthony Blvd., Fort Wayne, Indiana
Simon Property Group has agreed to a voluntary foreclosure. The Village of Greendale has started the process of possibly buying Southridge Mall's former Boston Store building. The Boston Store building has been vacant since 2018 when the department store chain's corporate parent, BonTon Stores Inc., was liquidated. Formerly an indoor shopping center, Southtown Mall closed in 2003 and was razed in 2004. It was replaced with two big box stores, Walmart and Menards. A few businesses and fast-food restaurants now occupy the perimeter, but land is still available for development. The mall first opened in 1969.
Stratford Square Mall Bloomingdale, Illinois
Namdar Realty Group
Namdar acquired Stratford in October 2019. Total GLA of 1.3 million SF. The mall first opened in 1981.
Temple Mall 3111 S. 31st Street, Temple, Texas
The Woodmont Company
JCPenney at the mall is scheduled to close in spring 2021. The mall lost Macy's in 2017. First opened in 1976.
The District North Outer 40 Road, Chesterfield, Missouri
The Staenberg Group
Slated to open in 2021. Redevelopment of Taubman Prestige Outlets that will feature music venue The Factory, indoor entertainment venue Main Event, pickleball courts, and additional venues.
The Gallery at Harborplace Baltimore, Maryland
Brookfield Properties
Vendors in the multi-level mall have been advised of a move-out plan as mall repurposing is considered.
The O2 Peninsula Square, Greenwich Peninsula, London SE10 0DX, United Kingdom
Landsec
The famous shopping center will be demolished to make way for residential development., for 2,000 homes.
Towne Mall Galleria 3461 Towne Blvd, Middletown
George Ragheb and the Warren County Port Authority
31 acres. Ragheb purchased the mall in 2012 from former owner CBL & Associates Properties.
Triangle Town Center Raleigh
Tucson Mall 4500 N. Oracle Road, Tucson, Arizona
Offered again for sale. The mall was last sold in mid-2019 after its previous owner defaulted on its debt. A 1.3 million SF shopping mall. Brookfield Properties Retail Inc.
Southern Arizona Arts & Cultural Alliance has created a multi-use arts and makers space that encourages collaborative arts from photography to robotics.
RD Management
The University Mall area is being entirely
Underground Atlanta University Mall + Fowler Avenue Tampa,
Property
Owner/ Developer
Florida
Status renovated and restructured into what will be known as “Rithm at Uptown,” an urban neighborhood development that will include restaurants, shops, and technology and science companies. The $1 billion project has been in planning for 5 years.
University Place Chapel Hill
Ram Reality Advisors
Ram Reality Advisors bought the 43-acre site in 2018 - the redevelopment will “transform University Place into a walkable town center and introduce new uses to complement the existing commercial uses.” The proposal is to de-mall the property and converting obsolete, dying, enclosed mall into an outward-facing, open-air town center,
Upper Valley Mall Dayton, Ohio
Clark County
The mall is closing for good this year, Sears and CVS will remain on the property, but the 13 remaining businesses in the mall must shutter by June 16, 2021.
Uptown Harbour North Miami Beach, Florida
Dezer Development
Proposed mixed-use redevelopment of Intracoastal Mall. As envisioned by the developer, the re-use of the site would include 3,000 condos and apartments, 575,000 SF of office and retail space, and a 100-foot-wide canal to the outdoor mall site at 3861 NE 163rd St., on the Sunny Isles Causeway.
Valley West Mall West Des Moines, Iowa
Watson Centers Inc.
Redevelopment plan would transform the site into a $278 million mixed-use hub of new residences, outdoor gathering places, entertainment, and a hotel with event space. The mall first opened in 1975.
Water Tower Place Chicago, Illinois
Brookfield Properties
Target is interested in taking over the ex-Macy's space.
Wausau Center C-302 Wausau Center, Wausau, Wisconsin
Wausau Opportunity Zone
Envisioned to include residential and retail areas, office space, restaurants, entertainment and green spaces. It is scheduled to be completed by November 2022, Owned by Rialto Capital Management before acquisition by WOZ in February 2020. The mall first opened in 1983. WOZ is backed by two foundations: the Dwight and Linda Davis Foundation and the Judd S. Alexander Foundation — in partnership with the city.
West Lake Mall Bessemer, Alabama
Anthony Underwood
No plans for redevelopment, as yet. Anthony Underwood purchased the property in 2011. Shannon Waltchack Commercial Real Estate group is helping Underwood sell the property.
Westfield Citrus Park Tampa, Florida
PrimeTime Amusements
A family entertainment center is proposed for the re-use of a defunct 125,000 SF Sears department store.
Westfield Montgomery Bethesda, Maryland
Unibail-RodamcoWestfield
The Sears store has shuttered but the mall is a going concern.
Westfield Valley Fair Santa Clara, California
Westfield Corp.
With a $1.1 billion expansion, the mall is now home to a 3-level Bloomingdale's flagship store, exhibitions from the San Jose Museum of Art, and new outdoor spaces.
Westgate Mall 2285 Schoenersville Road Bethlehem, Pennsylvania
Onyx Equities LLC
The mall first opened in 1973.
Virginia Center Commons Henrico County
Property
Owner/ Developer
Status
Westmont Shopping Center Arlington, Virginia
Republic Land Development (Westmont Properties, L.C. )
The strip mall, at Columbia Pike and S. Glebe Road, is set to be demolished and replaced with a six-story mixed use building with 250 housing units and 22,500 SF of retail space.
WestShore Plaza Tampa Bay, Florida
Washington Prime Plans to re-purpose a vacant Sears store and Group Inc. adjacent parking lot. WestShore Plaza is an enclosed suburban-style shopping mall.
White Flint Mall North Bethesda, Maryland
Lerner Enterprises Substantially demolished after shuttering in 2015. and Tower Cos. The mall first opened in 1977.
Winter Park Village 510 Orlando Ave, Winter Park, Florida
Casto
This lifestyle center with dining, shopping and entertainment complex will undergo a $50 million facelift next year to make it more inviting for pedestrians. The mall first opened in 1999.