Moreno Valley Mall
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| Location | Moreno Valley, California |
|---|---|
| Coordinates | 33°56′20″N 117°16′16″W / 33.93881°N 117.27109°WCoordinates: 33°56′20″N 117°16′16″W / 33.93881°N 117.27109°W |
| Address | 22500 Town Circle, Suite 1206 |
| Opening date | 1992 |
| Owner | 2250 Town Circle Holdings, LLC |
| No. of stores and services | 140+ |
| Total retail floor area | 1,090,000 sq ft (101,000 m2) |
| No. of floors | 2 |
| Website | Website |
The Moreno Valley Mall at Towngate is a shopping mall located on the former site of the Riverside International Raceway in Moreno Valley, California.[1]
In the early years competition for tenants divided prospects between competing developers.[2] In September 1996 the City confirmed that lower than anticipated revenues would result in a shortfall estimated to extend the payback period of the $13m infrastructure loan to an estimated 2026 with the loan peaking at $19.5m. Also, the mall was then valued at $66 million, a far cry from its original valuation of $107 million.[3]
Moreno Valley Mall directly contracts with the local Police Service as well as private security firm for security services.[4]
Major anchors [edit]
Former anchors [edit]
- Gottschalks - Store closed due to company bankruptcy in 2009.
- May Company - Replaced with Robinson's-May in 1993.
- Robinsons-May - Replaced with Macy's.
References [edit]
- ^ Glick, Shav (2006-02-15). "LEARNING CURVES; NASCAR used to open on the road course at Riverside". L.A. Times. Retrieved 2010-02-20.
- ^ Myers, David W. (1986-11-23). "2 Developers in Race for Sole Moreno Valley Mall Both Compete for Tenants to Build Project". L.A. Times. Retrieved 2008-01-05.
- ^ "Riverside, Calif., Mall's Financial Woes Put Pinch on City Coffers", Knight RidderTribune, September 15, 1996
- ^ "Patrol Division". www.moreno-valley.ca.us. Archived from the original on 2007-10-14. Retrieved 2007-12-18.
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