Lakeside Mall

Lakeside Mall
Location Sterling Heights, Michigan, USA
Opening date March 2, 1976
Developer A. Alfred Taubman and Homart
Management JLL
Owner JLL
No. of stores and services 150
No. of anchor tenants 5 (4 open, 1 vacant)
Total retail floor area 1,550,450 sq ft (144,042 m2)
No. of floors 2
Website http://www.shop-lakesidemall.com/

Coordinates: 42°37′24″N 82°59′09″W / 42.623447°N 82.985809°W / 42.623447; -82.985809 Lakeside Mall is a Taubman-built super-regional full-line shopping mall located in the northeastern Metro Detroit suburb of Sterling Heights, Michigan. The mall is located on M-59 (Hall Road) between Hayes and Schoenherr Roads. Lakeside Mall features four anchor stores: JCPenney, Lord & Taylor, and two Macy's, as well as the first H&M in Michigan. The mall also features more than 100 stores on two levels, as well as a food court. JLL owns and manages the mall, which is the largest mall in the state of Michigan based on floor area.

History

Lakeside Mall started as a joint-venture between A. Alfred Taubman and the Homart Development. It opened on March 2, 1976 with four anchor stores: Hudson's, Sears, Crowley's, and JCPenney, with Lord and Taylor added in 1978 as a fifth anchor.[1] In 1999, after the Crowley's chain filed for bankruptcy, Hudson's purchased the Crowley's building and moved its men's clothing and home goods into it.[2]

In 1988, Rodamco acquired Homart's interest in the center and became a 50/50 joint venture partner with Taubman. In 2000, Rodamco became 100-percent owner of Lakeside in an interest swap with Taubman involving Taubman's Twelve Oaks Mall in Novi, Michigan. [3] In 2001, Hudson's stores are renamed Marshall Field's as part of a nameplate consolidation by parent Target Corp. Steve & Barry's also opened. f.y.e. relocated in 2006 to a smaller store, and H&M opened its first Michigan location in June 2006.[4]

Marshall Field's was one of several nameplates converted to Macy's in 2006, as Federated Department Stores (now Macy's, Inc.) had acquired Marshall Fields' then-parent, May Company. Both the main and auxiliary Macy's at Lakeside Mall were rebranded. A year later, plans were announced for a $3 million renovation of the mall and its periphery. Renovations included new signage and improved pedestrian access to the mall. Exterior renovations began in late 2008.[5] In 2014, Lakeside Mall cleared out a part of the lower level Sears wing to make way for an MC Sports. In 2016, a Jeepers! opened relocating from Great Lakes Crossing Outlets. MC Sports closed in 2017 along with the rest of the chain due to their bankruptcy. Also in 2017, the mall was acquired by Jones Lang LaSalle.

On May 31, 2018, Sears Holdings announced that the Sears location at the mall would be closing as part of a plan to close 72 stores nationwide. The Auto Center closed in late July, while the store itself closed on September 2.[6]

As of August 2018, part of the first floor of the Macy's Women's store is now a Macy's Backstage outlet store.

References

  1. ↑ "Page View".
  2. ↑ ". Hudson's plans growth at mall: Retailer will move its men's, home shops to Crowley's location at Lakeside Mall". The Detroit News. 25 March 1999. Retrieved 11 August 2010.
  3. ↑ http://www.crenews.com/general_news/general/taubman-rodamco-swap-interests-in-twelve-oaks-lakeside.html
  4. ↑ Guest, Judith (11 October 2005). "Lakeside Mall wins H&M apparel store" (PDF). Detroit Free Press. Archived from the original (PDF) on 2011-07-08. Retrieved 10 August 2010.
  5. ↑ Oparka, Terry (15 August 2007). "Lakeside Mall to get face-lift". C & G Newspapers. Retrieved 10 August 2010.
  6. ↑ https://www.detroitnews.com/story/business/2018/05/31/sears-closing-stores/35532811/
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