Richland Mall (Ohio)

Last updated
The Ontario Center
Richland Mall (Ohio)
Location Ontario, Ohio, U.S.
Coordinates 40°46′14″N82°35′36″W / 40.77068°N 82.59344°W / 40.77068; -82.59344
Address2209 Richland Mall, Ontario, OH 44906
Opening date1969
DeveloperJacobs Visconsi Jacobs
Management Brait Capital
OwnerBrait Fund
No. of stores and services45
No. of anchor tenants 4 (2 open, 1 vacant)
Total retail floor area 733,633 square feet (68,156.7 m2) [1]
No. of floors1 (2 in JCPenney, former Macy's, and former Sears, 3 in Avita)
Public transit accessRichland County Transit (RCT)
Website theontariocenter.com

The Ontario Center is a shopping mall in Ontario, Ohio, near the city of Mansfield, Ohio. The mall opened in 1969. The anchor stores are Avita Ontario Hospital and JCPenney. There are 1 vacant anchor store that was once Macy's. It is managed by Brait Capital.

Contents

History

The mall opened in 1969 in the Mansfield suburb of Ontario near US 30. It occupied a 64-acre site, with Lazarus, Sears, and O'Neil's (later May Company Ohio, then Kaufmann's) as its anchor stores. Jacobs Visconsi Jacobs developed the property, and first announced it in 1966. [2] The Lazarus store was their first location outside the Columbus, Ohio market. [3]

A 1997 expansion added JCPenney and 108,000 square feet of retail space. [4] The Lazarus store was re-branded Lazarus-Macy's in 2003, and then just Macy's in 2005. Only a year later, Macy's relocated from the former Lazarus to the former Kaufmann's. Macy's previous location in the old Lazarus was later repurposed as a haunted house. [3] The mall in 2002 was renamed by Westfield Group as Westfield Shoppingtown Richland for a period of time, is once again called Richland Mall following the mall sale by Westfield Group to Centro Watt in 2006. [5]

In 2012, Brixmor announced that they hired a new manager for this mall: Madison Marquette. Brixmor retained as mall owner.

In October 2013, Avita Health System announced their purchase of the former Lazarus store. The 17 acre former store was overhauled into state of the art doctors offices in December 2014. The space was chosen from the convenient location and the sturdy foundation.

In 2015, a judge ordered a sale of the mall after its then-owners Centro Richland LLC, accumulated $37 million in debts. [6] [7] In early March 2017, Avita Health System opened the final stage of their newest additions to the Avita Ontario Hospital including, a 7-bed ICU, a 19-bed inpatient wing, a 16-bed pre/post op area, 4 surgical suites, and a full service cafe/kitchen. In 2018, the mall was sold by Wells Fargo to Richland Mall Holdings LLC. Mall management was retained. [8] [9] On August 6, 2019, Sears announced they would be closing their Richland Mall location with liquidation sales starting on August 15 and closed in October. [10]

In 2020, Chuck E. Cheese closed when the company filed for bankruptcy due to the COVID-19 pandemic. [11]

On January 6, 2021, it was announced that Macy's would be closing in April 2021 as part of a plan to close 46 stores nationwide. [12] It shuttered its doors on March 21, 2021. After Macy's closed its doors, JCPenney is the only traditional anchor store left.

In April 2024, Brait Fund purchased Richland Mall for $4 million and renamed it The Ontario Center. They plan a $10 million investment over the next three years. "Brait Fund purchases Richland Mall for $4 million". Richland Source. April 5, 2024. Retrieved 22 May 2024.

Brait Fund aims to serve the community by considering gym space, daycare, expanded food options, and other possibilities. They intend to keep existing retail stores and welcome local entrepreneurs with new business ideas. Brait Fund specializes in transforming underperforming properties into valuable community assets. They focus on local entertainment tenants, food and restaurants, and vibrant e-commerce businesses "Richland Mall and its roughly 28 acres sell for $4 million". April 16, 2024. Retrieved 22 May 2024.

Richland Mall, Ontario, Ohio.jpg
Richland Mall in 2018

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References

  1. ↑ "Richland Mall". Madison Marquette. 3 January 2016. Retrieved 3 April 2016.
  2. ↑ "New Richland Mall Promises Many Firsts in Shopping Convenience". Mansfield News-Journal. October 21, 1969. Retrieved 3 April 2016.
  3. 1 2 Meyers, David; Meyers, Beverly; Meyers Walker, Elise (2011). Look to Lazarus: The Big Store. p. 110. ISBN   9781609492991.
  4. ↑ "Ohio". Chain Store Age. 73 (1–6). 1997.
  5. ↑ "Centro Watt Enters Mall Business; US Platform Well-Positioned to Continue Growth". Business Wire . May 11, 2006. Retrieved 2019-02-22.
  6. ↑ Martz, Linda (July 14, 2015). "Judge orders sale of Richland Mall; mayor optimistic". Mansfield News-Journal. Retrieved 3 April 2016.
  7. ↑ Whitmire, Lou (November 17, 2015). "Richland Mall will be home of Avita's new $60M hospital". Mansfield News Journal. Retrieved 3 April 2016.
  8. ↑ Tracy Geibel (19 September 2018). "Richland Mall sells for $7.4 million". Richland Source. Retrieved 2019-02-22.
  9. ↑ Tracy Geibel (28 January 2019). "Richland Mall owners recognize 50th anniversary, anticipate future". Richland Source. Retrieved 2019-02-22.
  10. ↑ https://searsholdings.com/docs/080619_store_closing_list.pdf [ bare URL PDF ]
  11. ↑ "Richland Mall Chuck E. Cheese To Close After Parent Company Files For Bankruptcy".
  12. ↑ Thomas, Lauren; Rattner, Nate (2021-01-06). "Macy's is closing dozens of stores this year. Here's the full list". CNBC.
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