Oak Hollow Mall

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Oak Hollow Mall
Oak Hollow Mall
Location High Point, North Carolina, United States
Coordinates 35°59′27″N80°00′23″W / 35.990707°N 80.006411°W / 35.990707; -80.006411
Address921 Eastchester Drive
Opening dateAugust 9, 1995
Closing dateMarch 10, 2017
Owner High Point University and others
No. of stores and servicesAround 10 (formerly 80+)
No. of anchor tenants 4
Total retail floor area 1,262,440 square feet (117,285 m2) [1]
No. of floors2
Parking4,016 spaces

Oak Hollow Mall was a regional shopping mall which had over 80 working stores. At the time of its closing in 2017, occupancy was down to 11 stores. Most of the former mall building is owned by High Point University. Oak Hollow Mall was located in High Point, North Carolina, United States at the intersection of Eastchester Drive and East Hartley Drive. [2]

Contents

History

Oak Hollow Mall opened on August 9, 1995. At nearly 1,300,000 square feet (120,000 m2), Oak Hollow was the second-largest mall in Guilford County after Greensboro's Four Seasons Town Centre, and the third-largest mall in the Piedmont Triad after Winston-Salem's Hanes Mall. [3] When Oak Hollow Mall opened, it effectively led to the demise of Westchester Mall, which had opened in 1970 on High Point's west side off Westchester Drive just south of Phillips Avenue. After its closure, Westchester Mall was converted into Providence Place which includes First Wesleyan Church and several businesses.

Oak Hollow Mall saw a decline in the 2000s as many of its interior stores began shuttering, as did its anchors. The mall lost much of its traffic to retail centers in Greensboro and Winston-Salem in addition to facing challenges from the economic downturn. The Dillard's anchor closed one of its two levels and turned the remaining open area into an outlet for the chain. Another anchor, JCPenney, closed on June 1, 2011, as it was unable to meet the company's new profitability threshold. [4] Steve & Barry's, which was originally Goody's Family Clothing, went out of business and was replaced by a Sears call center. [5]

On February 24, 2011, CBL & Associates announced the sale of Oak Hollow Mall to High Point University for $9 million, although CBL continued to manage the mall. The university stated that the mall was to remain open as a retail complex for the time being. [6]

On December 27, 2011, Sears Holdings Corporation announced that Sears in Oak Hollow Mall would close sometime in 2012. Liquidation sales began in February 2012, with the final closure occurring in the last weekend of April.

Belk left Oak Hollow in 2014 for a newer store at the Palladium shopping complex, located 5 miles (8 km) away. [7]

In January 2017, High Point University stated that it would be shutting down the mall, which at the time had 11 remaining stores, on March 10, 2017. 1924 Holdings, the limited liability company that operated the mall for the university, issued a statement that the closure of the Sears call center scheduled for the end of February rendered continued operation of the mall "unsustainable". After the closing, a community center would continue to operate in the former JCPenney space, as would the Dillard's Clearance Center, since the last remaining anchor still owned its space outright. The outer parcels, such as Target and Barnes & Noble, would also continue operation. [8]

Oak Hollow Mall - High Point, North Carolina.jpg
Oak Hollow Mall, December 2016

Major stores

Outparcels

Former stores

See also

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References

  1. ↑ CBL & Associates Loopnet. Accessed October 5, 2011
  2. ↑ Fact Sheet - Oak Hollow Mall. Accessed November 7, 2007.
  3. ↑ CBL Properties - Oak Hollow Mall. Accessed May 5, 2010
  4. ↑ JCPenney Closing Oak Hollow Store Location, WFMY News 2. Accessed January 25, 2011.
  5. ↑ Sears moves customer service center, High Point Enterprise Accessed May 1, 2010.
  6. ↑ High Point University Buys Oak Hollow Mall for $9 Million. Accessed February 24, 2010
  7. ↑ Belk to open new store by Palladium, expand store at Friendly Center. Accessed March 27, 2013
  8. ↑ Davis, Jonnelle (March 6, 2017). "Oak Hollow Mall in its last days". News & Record . Retrieved March 6, 2017.
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