SouthPark Mall (Moline, Illinois)

From Wikipedia, the free encyclopedia
Jump to: navigation, search
SouthPark Mall
Location 4500 16th Street, Moline, Illinois, 61265
Coordinates 41°28′02″N 90°30′10″W / 41.467335°N 90.502753°W / 41.467335; -90.502753
Opening date February 27, 1974
Developer General Growth Properties
Management Macerich
Owner Macerich
No. of stores and services 100
No. of anchor tenants 6
Total retail floor area 1,026,000 sq ft (95,300 m2)
No. of floors 1
Website www.simon.com

SouthPark Mall is the name of the shopping mall located in Moline, Illinois. As Moline is part of the Quad Cities of Illinois and Iowa, the mall services part of the population of these cities. The mall is located southwest of the intersection of Interstate 74 and Illinois Route 5 (John Deere Road) at 4500 16th Street. SouthPark Mall is one of two regional malls in the Quad Cities area, the other being NorthPark Mall in Davenport, Iowa.

The mall has been operated by the Simon Property Group, Inc., since 1998. Before 1998 General Growth Properties managed and owned the property. Dillard's, JCPenney, Sears, Von Maur, Younkers, and Old Navy are the six anchor stores for this mall. The one-level mall has over 100 stores and a gross leasable area of 1,026,000 square feet (95,319 m²). [1] As of February 2011, the city of Moline, Illinois has decided to do a TIF Study or Tax Increment Financing of the property. The property has had a slump in sales the past 5 years. There is only 105 of the possible 135 store fronts filled, making a 76% occupancy. The TIF study would hopefully provide money for a remodel of the property and if the remodel were to happen the plan would be to place different store in each mall of the Quad Cities the other being NorthPark Mall.

Contents

[edit] History

SouthPark Mall was built by General Growth Properties at a cost of $12 million on 47 acres (19 ha) of land that General Growth purchased in 1966. Montgomery Ward, Petersen Harned Von Maur, and Younkers were the mall's three original anchors when it opened on February 27, 1974. SouthPark has been expanded twice: JCPenney was added in 1978, while Sears and a food court were added in 1990. Montgomery Ward closed in early 2001 when the chain went out of business, and the anchor space remained vacant for three years. Dillard's eventually leased and they rebuilt the space, which they then opened in 2004. A Walgreens pharmacy operated in the mall until 2003, when a new free-standing store was built off-site; Old Navy opened a store in Walgreens' place in 2006.

[edit] Square Footage

Dillard's approx. 140,000 sq. ft. Younkers approx. 125,000 sq. ft. Von Maur approx. 107,000 sq. ft. JCPenney approx. 175,000 sq. ft. Sears approx. 130,000 sq. ft. Old Navy approx. 40,000 sq. ft.

[edit] References

[edit] External links

Personal tools
Namespaces

Variants
Actions
Navigation
Interaction
Toolbox
Print/export