The Lakes Mall

The Lakes Mall
Location Muskegon, Michigan, United States
Coordinates 43°09′02″N 86°12′08″W / 43.150464°N 86.202209°W / 43.150464; -86.202209Coordinates: 43°09′02″N 86°12′08″W / 43.150464°N 86.202209°W / 43.150464; -86.202209
Opening date August 15, 2001 (2001-08-15)
Developer CBL & Associates Properties
Management Namdar
Owner Namdar[1]
No. of stores and services 100+
No. of anchor tenants 5 (4 open, 1 closed)
Total retail floor area 645,677 square feet (59,985.4 m2)
No. of floors 1
Website Official website

The Lakes Mall is an enclosed shopping mall serving the city of Muskegon, Michigan, United States. Opened in 2001, the mall features more than sixty retailers, plus a food court, in 645,677 square feet (59,985.4 m2) of gross leasable area.[2][3] Anchor stores comprise Bed Bath & Beyond, Dick's Sporting Goods, JCPenney, and Sears.

History

The Lakes Mall was developed by CBL & Associates Properties of Chattanooga, Tennessee, on a site south of town, near the junction of Interstate 96 and U.S. Highway 31, at the southeastern corner of Sternberg Road and Harvey Street. Construction began on the property in late 1999.[4] On August 15, 2001, the mall's grand opening was announced, although Sears had been operational since March of that year.[5] The mall, upon opening, featured Bed Bath & Beyond, JCPenney, Sears and Younkers among its anchor stores.[3] JCPenney had relocated from a standalone store, while Sears had relocated from the former Muskegon Mall downtown. Dick's Sporting Goods was added in late 2004.[6] On April 18, 2018, it was announced that Younkers would be closing as parent company The Bon-Ton is going out of business. The store closed in August 2018.[7]

Impact on the community

Prior to the development of the mall, the only major business that operated at the intersection of Sternberg Road and Harvey Street was a strip mall known as the Lakeshore Marketplace. This center, a former outlet mall, was eventually redeveloped into big box space (including Toys "R" Us, Barnes & Noble, Old Navy, TJ Maxx, and Elder-Beerman, which was converted to a Younkers furniture store in 2008), and several restaurants soon opened along The Lakes Mall's periphery.

Muskegon Mall, an older mall created by enclosing several blocks of Muskegon's downtown, had operated in downtown Muskegon since 1976. However, it was not considered a major retail draw for the Muskegon area, because it lacked the major chain stores present at the malls in Grand Rapids.[8] Since its opening in 2001, The Lakes Mall has been cited as the most popular retail destination in the Muskegon area.[8]

References

  1. http://www.mlive.com/news/muskegon/index.ssf/2016/07/new_york_real_estate_firm_boug.html
  2. "The Lakes Mall". ICSC.org. Archived from the original on June 6, 2011. Retrieved 2007-12-21.
  3. 1 2 Diemer, Helen (2002-09-01). "Light comes to The Lakes". Retail Traffic Mag. Retrieved 2007-12-21.
  4. "CBL & Associates Properties Starts Construction On New Regional Mall in Muskegon, MI". Business Wire. 1999-10-08. Retrieved 2007-12-21.
  5. "CBL & Associates Properties Opens Regional Mall in Michigan". Business Wire. 2001-08-15. Retrieved 2007-12-21.
  6. "Dick's dives into The Lakes". MiBiz.com. 2004-05-03. Archived from the original on 2007-06-30. Retrieved 2007-12-21.
  7. https://www.usatoday.com/story/money/2018/04/18/bon-ton-stores-closing-boston-store-younkers/527726002/
  8. 1 2 Alexander, Dave (2007-11-24). "Retail options keep consumers here". The Muskegon Chronicle. Retrieved 2007-12-21.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.