Arborland Center

Arborland Center
Location Ann Arbor, Michigan, United States
Coordinates 42°15′21.8″N 83°41′15.2″W / 42.256056°N 83.687556°W / 42.256056; -83.687556
Opening date 1961, redeveloped 1999
Developer Taubman Centers (original mall)
Simon Property Group (1980s mall)
Management AmCap Incorporated
No. of stores and services 26
No. of anchor tenants 6
Total retail floor area 406,736 sq ft (37,787.0 m2).
No. of floors 1

Arborland Center is a shopping center located in Ann Arbor, Michigan, United States. Opened in 1961 as an unenclosed shopping mall, the center was redeveloped as a power center in 1998.[1] Current anchor stores include Marshalls, Petco, Bed Bath & Beyond, and Toys-R-Us.

History

Arborland was Ann Arbor's first suburban mall, opened in the early 1960s. After the opening of nearby Briarwood Mall in the 1970s, Arborland was enclosed.[2] The original Arborland featured Federal's (later Crowley's), J.C. Penney,[3] Kresge, Kroger and Montgomery Ward among its anchor stores. Montgomery Ward and Crowley's had closed in the 1980s, and Melvin Simon & Associates (now Simon Property Group) began renovations on converting the mall to a factory outlet center.[4] By this point, the mall's anchors were converted to Burlington Coat Factory in the former Montgomery Ward, Service Merchandise in the former Kresge, Toys "R" Us in the former Crowley's, Marshalls and other stores in the former J.C. Penney, and F&M drugstore in the former Kroger.[5]

In the late 1990s Freed and Associates purchased it on the cheap and razed most of the structure, transforming it into a big box cluster. Toys "R" Us was rebuilt during the "de-malling" of the center, while Marshalls and the former F&M building (now occupied by OfficeMax) were retained. Freed's purchase price was around $6 million; within a decade, in 2005, Freed was said to be seeking a buyer for over $100 million.[2] Freed did shortly find a buyer for the 409,000 sq ft (38,000 m2) center. The facility was purchased by AmCap, through a joint venture with Los Angeles-based Hart Realty Advisers for a reported $102 million.[6]

The Borders in Arborland closed in April 2011.[7][8] A year later, its space was split between Five Below and Ulta.[9] Nordstrom Rack was confirmed in 2013 for a space vacted by Circuit City in 2009.[10]

References

  1. ↑ "The Company – Timeline". Josephfreed.com. Retrieved 2008-01-18.
  2. 1 2 GARDNER, PAULA. "Owners list Arborland mall for sale". Ann Arbor Business Review. mlive.com. Archived from the original on 2008-06-14. Retrieved 2008-01-17.
  3. ↑ Clark, Sandra (February 18, 1990). "GALLERIA'S DRAW MAY ACTUALLY BOOST OFF-PRICE THRUWAY MALL". The Buffalo News. Retrieved 23 September 2012.
  4. ↑ Baacke, Cheryl (May 26, 1983). "Arborland promises big bargains". The Michigan Daily. Retrieved 23 September 2012.
  5. ↑ Directory of major malls. MJJTM Publications Corp. 1990. p. 319.
  6. ↑ "News From October 14, 2005". Real Estate Business. REBusiness. 2005-10-14. Archived from the original on 2008-06-14. Retrieved 2008-01-17.
  7. ↑ Paula Gardiner (16 February 2011). "Arborland Borders will close; downtown Ann Arbor & Lohr Road not on bankruptcy closing list". AnnArbor.com. Retrieved 10 June 2011.
  8. ↑ Angela Smith (15 April 2011). "Somber mood sets in as Borders store at Arborland plans to close Sunday". AnnArbor.com. Retrieved 10 June 2011.
  9. ↑ "Retailer Five Below opening first Ann Arbor store this week". AnnArbor.com. Retrieved 24 September 2015.
  10. ↑ "Nordstrom Rack confirms it plans to open a store in Arborland". AnnArbor.com. Retrieved 24 September 2015.
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