Southridge Mall (Wisconsin): Difference between revisions
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| image = Southridge Mall.jpg |
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| caption = Southridge Mall |
| caption = Southridge Mall, 2005 |
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| location = [[ |
| location = [[Greendale, Wisconsin]], U.S. |
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| opening_date = 1970 |
| opening_date = 1970 |
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| developer = [[Herb Kohl]]<br>[[Taubman Centers, Inc.]] |
| developer = [[Herb Kohl]]<br>[[Taubman Centers, Inc.]] |
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| number_of_anchors = |
| number_of_anchors = 8 (6 open, 2 vacant) |
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| floors = 2 |
| floors = 2 |
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| publictransit = [[Milwaukee County Transit System]] |
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'''Southridge Mall ''' is a regional [[shopping mall]] located in the [[Milwaukee County]] suburbs of [[Greendale, Wisconsin|Greendale]] and [[Greenfield, Wisconsin]]. At {{convert|1,177,783|sqft|m2|0|abbr=off}} it is Wisconsin's second largest mall behind Mayfair Mall in Wauwatosa, tied with Fox River Mall in Appleton. The mall's anchor stores are [[TJ Maxx]], [[Dick's Sporting Goods]], Golf Galaxy, [[Macy's]], [[JCPenney]], and [[Round One Corporation|Round 1 Entertainment]]. There are 2 vacant anchor stores that were once [[Boston Store (Wisconsin)|Boston Store]] and [[Kohl's]]. [[Sears]] closed in September 2017, [[Kohl's]] relocated to a mixed use development on September 29, 2018, and [[Boston Store (Wisconsin)|Boston Store]] closed in Summer 2018 as parent company [[Bon-Ton]] went out of business. The former [[Sears]] was replaced by [[Dick's Sporting Goods]], [[Golf Galaxy]], [[Round One Corporation|Round 1 Entertainment]], and [[TJ Maxx]]. |
'''Southridge Mall ''' is a regional [[shopping mall]] located in the [[Milwaukee County]] suburbs of [[Greendale, Wisconsin|Greendale]] and [[Greenfield, Wisconsin]]. At {{convert|1,177,783|sqft|m2|0|abbr=off}} it is Wisconsin's second largest mall behind [[Mayfair Mall]] in [[Wauwatosa, Wisconsin|Wauwatosa]], tied with [[Fox River Mall]] in [[Appleton, Wisconsin|Appleton]]. The mall's anchor stores are [[TJ Maxx]], [[Dick's Sporting Goods]], Golf Galaxy, [[Macy's]], [[JCPenney]], and [[Round One Corporation|Round 1 Entertainment]]. There are 2 vacant anchor stores that were once [[Boston Store (Wisconsin)|Boston Store]] and [[Kohl's]]. [[Sears]] closed in September 2017, [[Kohl's]] relocated to a mixed use development on September 29, 2018, and [[Boston Store (Wisconsin)|Boston Store]] closed in Summer 2018 as parent company [[Bon-Ton]] went out of business. The former [[Sears]] was replaced by [[Dick's Sporting Goods]], [[Golf Galaxy]], [[Round One Corporation|Round 1 Entertainment]], and [[TJ Maxx]]. |
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==History== |
==History== |
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Southridge opened in 1970 as the southern sister mall to [[Northridge Mall (Milwaukee)|Northridge Mall]]. Both malls were located on 76th Street, close to major |
Southridge opened in 1970 as the southern sister mall to [[Northridge Mall (Milwaukee)|Northridge Mall]]. Both malls were located on 76th Street, close to major east/west artery roads. Both were developed by [[Herb Kohl]] and [[Taubman Centers, Inc.]] |
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In 1988, the Kohl family sold its retail interests in Southridge and the mall was acquired by [[The Mills Corporation|Western Development Corporation]], a publicly traded real estate investment company specializing in regional malls. In 2020, the mall's ownership was transferred to its lender through a deed in lieu of foreclosure.<ref>{{cite web |last1=Daykin |first1=Tom |title=Troubled Southridge Mall will be given to its lender through a deed in lieu of foreclosure, report says |url=https://www.jsonline.com/story/money/real-estate/commercial/2020/11/17/simon-propertys-troubled-southridge-mall-given-its-lender/6315982002/ |website=Milwaukee Journal Sentinel |date=November 17, 2020}}</ref> |
In 1988, the Kohl family sold its retail interests in Southridge and the mall was acquired by [[The Mills Corporation|Western Development Corporation]], a publicly traded real estate investment company specializing in regional malls. In 2020, the mall's ownership was transferred to its lender through a deed in lieu of foreclosure.<ref>{{cite web |last1=Daykin |first1=Tom |title=Troubled Southridge Mall will be given to its lender through a deed in lieu of foreclosure, report says |url=https://www.jsonline.com/story/money/real-estate/commercial/2020/11/17/simon-propertys-troubled-southridge-mall-given-its-lender/6315982002/ |website=Milwaukee Journal Sentinel |date=November 17, 2020}}</ref> |
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One of the mall's anchors was originally [[Gimbels]]. The store later became [[Marshall Field's]], then [[H. C. Prange Co.]], which sold to [[Younkers]]. It was later subdivided among [[Cost Plus World Market]], [[Steve & Barry's]], and [[Linens 'n Things]] before the entire building became [[Macy's]].<ref>{{Cite web|url=http://archive.jsonline.com/business/108044254.html/|title=Could Macy's be coming to Southridge?|website=archive.jsonline.com}}</ref> |
One of the mall's anchors was originally [[Gimbels]]. The store later became [[Marshall Field's]], then [[H. C. Prange Co.]], which sold to [[Younkers]]. It was later subdivided among [[Cost Plus World Market]], [[Steve & Barry's]], and [[Linens 'n Things]] before the entire building became [[Macy's]].<ref>{{Cite web|url=http://archive.jsonline.com/business/108044254.html/|title=Could Macy's be coming to Southridge?|website=archive.jsonline.com}}</ref> |
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Some other original anchors at the mall were [[JCPenney]] (which is still open as of April 2023), [[Sears]] (which closed in 2017), and The [[Boston Store (Wisconsin)|Boston Store]] (which closed in 2018). [[Kohl's]] would also come to the mall at some point. |
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In 2015, [[Sears Holdings]] spun off 235 of its properties, including the Sears at Southridge Mall, into Seritage Growth Properties.<ref>{{Cite web|url=https://seritage.com/retail/property/5200-s-76th-st/3312649/landing|title=At Southridge Mall | Seritage|website=seritage.com}}</ref> |
In 2015, [[Sears Holdings]] spun off 235 of its properties, including the Sears at Southridge Mall, into Seritage Growth Properties.<ref>{{Cite web|url=https://seritage.com/retail/property/5200-s-76th-st/3312649/landing|title=At Southridge Mall | Seritage|website=seritage.com}}</ref> |
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In 2023, [[Old Navy]] and [[DSW Designer Shoe Warehouse|DSW]] closed at the mall. |
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== Anchors == |
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===Current Anchors === |
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* [[JCPenney]] — Opened in 1970 |
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* [[Macy's]] — Opened in 2012 |
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* [[Dick's Sporting Goods]] — Opened in 2018 |
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* [[Round One Entertainment|Round 1 Entertainment]] — Opened in 2018 |
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* [[TJ Maxx]] — Opened in 2020 |
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===Former Anchors=== |
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*[[Boston Store (Wisconsin)|Boston Store]] — Opened in 1970, closed in 2018 |
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*[[Sears]] — Opened in 1970, closed in 2017, replaced by Dick's Sporting Goods, TJ Maxx and Round One |
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*[[Kohls]] — Opened in 1970, closed in 2018 |
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*[[Gimbels]] — Opened in 1970, closed in 1987, replaced by Marshall Fields |
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*[[Marshall Fields]] — Opened in 1987, closed in 1988, replaced by H. C. Prange Co. |
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*[[H. C. Prange Co.]] — Opened in 1988, converted to Younkers in 1991 |
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*[[Younkers]] — Opened in 1991, closed in 1999, replaced by Cost Plus World Market, Steve & Barry's, and Linens 'n Things |
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*[[Linens 'n Things]] — Opened in 2004, closed in 2008, replaced by Macy's |
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*[[Steve & Barry's]] — Opened in 2004, closed in 2008, replaced by Macy's |
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*[[Cost Plus World Market]] — Opened in 2004, closed in 2009, replaced by Macy's |
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== Owners == |
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* [[Taubman Centers|Taubman Centers, Inc.]] — 1970-1988, sold to the [[Mills Corporation]] |
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* [[Mills Corporation]]. — 1988-2007, ownership transferred to [[Simon Property Group]] |
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* [[Simon Property Group]] — 2007-2020, foreclosed upon and sold to [[Spinoso Real Estate Group]] |
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* [[Spinoso Real Estate Group]] — 2021-Present |
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== References == |
== References == |
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Latest revision as of 16:35, 5 September 2023
 Southridge Mall, 2005 | |
 | |
| Location | Greendale, Wisconsin, U.S. |
|---|---|
| Opening date | 1970 |
| Developer | Herb Kohl Taubman Centers, Inc. |
| Management | Spinoso Real Estate Group |
| No. of anchor tenants | 8 (6 open, 2 vacant) |
| No. of floors | 2 |
| Public transit access | Milwaukee County Transit System |
Southridge Mall is a regional shopping mall located in the Milwaukee County suburbs of Greendale and Greenfield, Wisconsin. At 1,177,783 square feet (109,420 square metres) it is Wisconsin's second largest mall behind Mayfair Mall in Wauwatosa, tied with Fox River Mall in Appleton. The mall's anchor stores are TJ Maxx, Dick's Sporting Goods, Golf Galaxy, Macy's, JCPenney, and Round 1 Entertainment. There are 2 vacant anchor stores that were once Boston Store and Kohl's. Sears closed in September 2017, Kohl's relocated to a mixed use development on September 29, 2018, and Boston Store closed in Summer 2018 as parent company Bon-Ton went out of business. The former Sears was replaced by Dick's Sporting Goods, Golf Galaxy, Round 1 Entertainment, and TJ Maxx.
History
[edit]Southridge opened in 1970 as the southern sister mall to Northridge Mall. Both malls were located on 76th Street, close to major east/west artery roads. Both were developed by Herb Kohl and Taubman Centers, Inc.
In 1988, the Kohl family sold its retail interests in Southridge and the mall was acquired by Western Development Corporation, a publicly traded real estate investment company specializing in regional malls. In 2020, the mall's ownership was transferred to its lender through a deed in lieu of foreclosure.[1]
One of the mall's anchors was originally Gimbels. The store later became Marshall Field's, then H. C. Prange Co., which sold to Younkers. It was later subdivided among Cost Plus World Market, Steve & Barry's, and Linens 'n Things before the entire building became Macy's.[2]
Some other original anchors at the mall were JCPenney (which is still open as of April 2023), Sears (which closed in 2017), and The Boston Store (which closed in 2018). Kohl's would also come to the mall at some point.
In 2015, Sears Holdings spun off 235 of its properties, including the Sears at Southridge Mall, into Seritage Growth Properties.[3]
In 2023, Old Navy and DSW closed at the mall.
Anchors
[edit]Current Anchors
[edit]- JCPenney — Opened in 1970
- Macy's — Opened in 2012
- Dick's Sporting Goods — Opened in 2018
- Round 1 Entertainment — Opened in 2018
- TJ Maxx — Opened in 2020
Former Anchors
[edit]- Boston Store — Opened in 1970, closed in 2018
- Sears — Opened in 1970, closed in 2017, replaced by Dick's Sporting Goods, TJ Maxx and Round One
- Kohls — Opened in 1970, closed in 2018
- Gimbels — Opened in 1970, closed in 1987, replaced by Marshall Fields
- Marshall Fields — Opened in 1987, closed in 1988, replaced by H. C. Prange Co.
- H. C. Prange Co. — Opened in 1988, converted to Younkers in 1991
- Younkers — Opened in 1991, closed in 1999, replaced by Cost Plus World Market, Steve & Barry's, and Linens 'n Things
- Linens 'n Things — Opened in 2004, closed in 2008, replaced by Macy's
- Steve & Barry's — Opened in 2004, closed in 2008, replaced by Macy's
- Cost Plus World Market — Opened in 2004, closed in 2009, replaced by Macy's
Owners
[edit]- Taubman Centers, Inc. — 1970-1988, sold to the Mills Corporation
- Mills Corporation. — 1988-2007, ownership transferred to Simon Property Group
- Simon Property Group — 2007-2020, foreclosed upon and sold to Spinoso Real Estate Group
- Spinoso Real Estate Group — 2021-Present
References
[edit]- ^ Daykin, Tom (November 17, 2020). "Troubled Southridge Mall will be given to its lender through a deed in lieu of foreclosure, report says". Milwaukee Journal Sentinel.
- ^ "Could Macy's be coming to Southridge?". archive.jsonline.com.
- ^ "At Southridge Mall | Seritage". seritage.com.