Lindale Mall

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Lindale Mall
Lindale Mall.jpg
Panoramic of Lindale Mall
Lindale Mall
Location Cedar Rapids, Iowa, United States
Coordinates 42°01′34″N91°37′34″W / 42.026°N 91.626°W / 42.026; -91.626
Opening dateSeptember 15, 1960;63 years ago (September 15, 1960)
DeveloperBernard Greenbaum [1]
Management Kohan Retail Investment Group
OwnerKohan Retail Investment Group
No. of stores and services108 [2]
No. of anchor tenants 3 (1 open, 2 vacant)
Total retail floor area 687,174 sq ft (63,840.6 m2) [3]
No. of floors2
Public transit access Cedar Rapids Transit
Website lindalemall.com

Lindale Mall is an enclosed regional shopping mall on the northeast side of Cedar Rapids, Iowa, United States.

Contents

Lindale is anchored by Von Maur. Outparcel properties include a free-standing Jo-Ann (occupying a former movie theater), a jewelry store as well as several restaurants. [4]

There is also a Planet Fitness at the left of the main entrance

History

On February 15, 1956, Sears and Younkers announced plans for a new open-air shopping center in northeast Cedar Rapids. These plans were opposed by downtown Cedar Rapids merchants, who formed an organization to oppose the rezoning of the land from residential to commercial use. The Cedar Rapids City Council eventually approved the rezoning, and Lindale Plaza opened on September 15, 1960. [5] Sears, Younkers, and Killian's (a local department store) were Lindale's original anchors, with Sears relocating from downtown Cedar Rapids. Other early tenants included Kresge's, an Eagle supermarket, and Bishop's Buffet (which closed in September 2003). Sears and Younkers are the only two tenants who have continuously operated at Lindale since its opening. [6]

Lindale Plaza became the enclosed Lindale Mall in 1980, shortly after Westdale Mall opened in southwest Cedar Rapids. The only anchor change in Lindale's history came in 1981, when Petersen Harned Von Maur replaced Killian's as the latter went bankrupt (its last store in downtown Cedar Rapids closed in November 1982). [7] In August 1997, Lindale completed a $15 million expansion and renovation project that included construction of a new 500-stall parking ramp and a new 500-seat food court. [8]

Lindale Plaza was built by Bernard Greenbaum and Associates, who also built Merle Hay Mall in Des Moines. Greenbaum later sold Lindale to General Growth Properties, who opened the Town & Country Shopping Center 1½ miles to the south in 1956. (Town & Country was Cedar Rapids' first strip mall and General Growth's first shopping center.) [9] General Growth sold Lindale to the Equitable Life Assurance Society of the United States in 1984 as part of its real estate investment trust liquidation but continued to manage the mall until March 1998, when SDG Macerich — a partnership of the Simon Property Group and The Macerich Company — purchased Lindale Mall. [10] In May 2014, Simon spun off the property into a separate company, Washington Prime Group, later becoming WP Glimcher in early 2015. Washington Prime Group currently owns and manages the mall.

In 2015, Sears Holdings spun off 235 of its properties, including the Sears at Lindale Mall, into Seritage Growth Properties. [11]

On April 12, 2018, Sears announced that will close the Lindale Mall location in July. [12] In addition, On April 18, 2018, it was announced that Younkers will close, as the parent, Bon-Ton Stores, is going out of business. The store closed on August 31, 2018. [13] Both closures left Von Maur as the only remaining anchor. Part of the former Sears is expected to become Planet Fitness. In 2021, Washington Prime Group, the owners of the mall, filed for Chapter 11 bankruptcy.

On July 28, 2023, it was announced that Kohan Retail Investment Group had acquired the Lindale Mall for $28.5 million. [14]

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References

  1. ↑ "Lindale Plaza built in a year despite bad weather". The Gazette. September 14, 1960. pp. 1C. Retrieved June 25, 2022.
  2. ↑ The Macerich Company. "Lindale Mall: Directory" . Retrieved 2007-05-03.
  3. ↑ The Macerich Company. "Center Details: Lindale Mall". Archived from the original on 2007-01-02. Retrieved 2007-05-03.
  4. ↑ The Macerich Company. "Lindale Mall: Site Plan" (PDF). Archived from the original (PDF) on 2007-09-28. Retrieved 2007-05-03.
  5. ↑ Ewoldt, Harold (1988). Cedar Rapids: The Magnificent Century. Windsor Publications. ISBN   0-89781-286-7.
  6. ↑ Henry, George T; Mark W. Hunter (2005). Then & Now: Cedar Rapids: Downtown & Beyond. Charleston, SC: Arcadia. pp. 68–70. ISBN   0-7385-3965-1.
  7. ↑ Ford, George C (1994-05-08). "Decline in downtown retail started in 1946, Canney says". The Gazette . p. C3.
  8. ↑ Ford, George C (1997-08-10). "Preparing for the millennium". The Gazette. p. 1F.
  9. ↑ Ford, George C (2004-12-26). "From small start, a big idea". The Gazette. p. 1B.
  10. ↑ The Macerich Company (press release) (1998-03-05). "The Macerich Company And Simon DeBartolo Group Close On Portfolio Acquisition". Archived from the original on 2013-01-18. Retrieved 2007-05-03.
  11. ↑ "At Lindale Mall | Seritage".
  12. ↑ Larry Burkum (April 12, 2018). "Lindale Mall Sears to close in July". KCRG. Retrieved April 22, 2018.
  13. ↑ Aaron Smith (April 19, 2018). "Every Bon-Ton department store is closing". CNN. Retrieved April 22, 2018.
  14. ↑ "New ownership to take over mall in Cedar Rapids". July 28, 2023. Retrieved September 5, 2023.
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