Macomb Mall

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Macomb Mall
Macomb Mall Sign.jpg
Macomb Mall Sign in 2011
Macomb Mall
Location Roseville, Michigan, U.S.
Coordinates 42°32′05″N82°55′00″W / 42.5346°N 82.9167°W / 42.5346; -82.9167
Opening date1964
DeveloperSchostak Brothers
ManagementLormax Stern
No. of stores and servicesapprox. 60
No. of anchor tenants 4
Total retail floor area 933,000 square feet (86,700 m2)
No. of floors1 (unused 2nd floor in former Sears)
Public transit accessAiga bus trans.svg SMART 525, 550, 560, 561, 562, 563, 615, 620
Website www.shopmacombmall.com

Macomb Mall is an enclosed shopping center located in Roseville, Michigan. Opened in 1964, it features Kohl's, Dick's Sporting Goods, Hobby Lobby, and At Home as anchor stores. The mall is managed by Lormax Stern.

Contents

History

Macomb Mall was developed in 1964 by the Schostak Brothers of Detroit, Michigan. The mall opened with Sears, Crowley's, and Kresge as its anchor stores. [1] [2] The next year, a two-screen movie theater opened near Sears. [3] An expansion completed in 1986 added a third anchor store, MainStreet (sold to Kohl's in 1989) and over 40 new stores. [4] Old Navy was added as part of a 1999 renovation as the first Old Navy store in Macomb County. [5] In 1999 Crowley's went bankrupt and sold its store to Value City.

Schostak continued to manage the mall until 2004, when it was put on the market. [6] Thor Equities acquired the mall that year. Value City closed its store in March 2008. [7]

In late 2011, Macomb Mall was almost closed due to one of Thor Equities' loans defaulting. [8] The property was sold to Cushman & Wakefield in 2011, [9] and again to Lormax Stern in mid-2013. [10]

In December 2013, Lormax Stern announced an $8 million renovation plan that would involve the demolition and reconstruction of the theater complex, as well as the demolition of the former Crowley's/Value City building for Dick's Sporting Goods. [11] Ulta and Shoe Carnival were also confirmed as future tenants, [12] followed by H&M in 2015. [13] These changes shored up the mall and added new vitality to its operations, as the occupancy rate increased from about two-thirds to over 90%. [14]

In April 2015, the movie theater, which had expanded to eight screens and become part of Silver Cinemas, closed, and was demolished the following year. [15] Also in 2015, a new building was constructed near Dick's Sporting Goods, featuring new tenants, such as 1000 Degrees Neapolitan Pizza. [16]

In 2015, Sears Holdings spun off 235 of its properties, including the Sears at Macomb Mall, into Seritage Growth Properties. [17] On June 22, 2017, it was announced that the Sears in Macomb Mall would be closing. A portion of the store closed early and was converted into an At Home and the auto center was converted into DieHard. The remainder of the store closed on September 17, 2017. [18]

In April 2019, it was announced that Hobby Lobby would open in the rest of the former Sears's first floor. [19] The store opened in October of that year. [20] In addition, there are plans to add a small food court next to Kohl's. [21]

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References

  1. ↑ "Macomb Mall turns 40". Archived from the original on September 27, 2007.
  2. ↑ Crowley, Milner & Company Archived August 11, 2007, at the Wayback Machine
  3. ↑ "Silver Cinemas 8 in Roseville, MI - Cinema Treasures". cinematreasures.org. Retrieved 2020-06-20.
  4. ↑ Lawrence, Beverly Hall (November 20, 1986). "Dust settles, 'new' Macomb Mall emerges". Detroit Free Press. pp. A1, A2. Retrieved April 28, 2018.
  5. ↑ "Old Navy to anchor Macomb Mall renewal: New stores help revitalize aging shopping center". Detroit News . 1999-05-04.
  6. ↑ "FindArticles.com | CBSi". findarticles.com. Retrieved 2016-05-21.
  7. ↑ Walker, Andrea (2008-02-08). "Value City sets closings in Md". Baltimore Sun. Retrieved 2022-12-31.
  8. ↑ "Lawsuit Claims Macomb Mall Needs $42M To Avoid Closure". WDIV. 2011-09-29. Retrieved 2016-05-09.
  9. ↑ "archive.ph". archive.ph. Archived from the original on 2013-01-28. Retrieved 2020-08-13.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  10. ↑ "Macomb Mall sold to Lormax Stern Development". Crain's Detroit Business. 2013-06-03. Retrieved 2016-05-21.
  11. ↑ "Macomb Mall Getting $8 Million Makeover". CBS Detroit. 2 December 2013. Retrieved 6 December 2013.
  12. ↑ http://www.freep.com/article/20140511/BUSINESS06/305110060/Macomb-Mall-expansion [ bare URL ]
  13. ↑ "Macomb Mall gets H&M: Swedish retailer to open next year". Crain's Detroit. 29 August 2014. Retrieved 9 September 2014.
  14. ↑ "Turnaround case study: Macomb Mall". www.icsc.com. Retrieved 2020-06-20.
  15. ↑ "Macomb Mall theater structure to be torn down". www.candgnews.com. Retrieved 2020-06-19.
  16. ↑ Hotts, Mitch. "Silver Cinemas is out, new pizzeria is in at Macomb Mall". Macomb Daily. Retrieved 2020-06-20.
  17. ↑ "At Macomb Mall | Seritage".
  18. ↑ "Sears is closing 20 more stores — here's the full list". Business Insider. Retrieved 22 June 2017.
  19. ↑ "Macomb-Mall-Leasing-Plan-4-8-19-Vegas-copy" (PDF). www.lormaxstern.com. 8 April 2019.
  20. ↑ Hotts, Mitch. "Hobby Lobby to open Macomb Mall store Monday". Macomb Daily. Retrieved 2020-05-23.
  21. ↑ "Macomb Mall Floor Plan" (PDF). 2020-06-19. Archived from the original (PDF) on 2020-06-19. Retrieved 2020-06-19.
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