Stoneridge Shopping Center

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Stoneridge Shopping Center
Location Pleasanton, California
Opening date 1980
Developer A. Alfred Taubman
Management Simon Property Group
Owner Simon Property Group &
GM Pension Trust
No. of stores and services 160 [1]
No. of anchor tenants 5
Total retail floor area 1.3 million ft² [2]
No. of floors 2
Website www.shopstoneridge.com

Stoneridge Shopping Center is an upscale regional shopping center located in Pleasanton, California. The center is managed and co-owned by Simon Property Group, and is anchored by Nordstrom, Macy's in two separate locations, J. C. Penney, and Sears.

Contents

[edit] History

The mall opened in 1980 and is part of the larger Stoneridge master planned neighborhood originally developed by Stoneson Development Corporation, whose founders also developed Lakeside Village and Stonestown Galleria in nearby San Francisco after World War II.

The mall itself was developed by A. Alfred Taubman, who also developed several other shopping malls in the East Bay Area, including Eastridge Mall in San Jose, Hilltop Mall in Richmond and Sunvalley Mall in Concord.[3] The original anchor tenants were Macys, Emporium-Capwell, and J. C. Penney. Nordstrom opened a store in 1990, the same year Emporium-Capwell dropped the double-barrelled name and became simply Emporium. Six years later, Emporium was acquired by the parent company of Macy's, which elected to keep both locations; the original Macy's store was used for their women's departments and their men's and home furnishings departments were relocated to the former Emporium store. 1996 also saw the construction and opening of a Sears store.[4]

Ownership of Stoneridge was to change in the next few years as the Taubman shopping center interests, which had become a publicly traded real estate investment trust in 1992, were reorganized in 1998 and the GM Pension Trust assumed full ownership of Stoneridge, retaining Taubman Centers as manager.[5] In 2004 the GM Pension Trust sold a half interest in a portfolio of shopping centers, including Stoneridge, to The Mills Corporation, which also assumed management of the center.

The Mills Corporation soon announced redevelopment plans to build a new Nordstrom store and multiplex theater, as well as converting the existing Nordstrom to mall retail space. As of 2007, these plans were on indefinite hiatus, as a result of Mills' financial troubles followed by the mall's sale to a joint venture led by Simon Property Group.

[edit] Anchor stores

[edit] Other stores

[edit] Management staff

  • General Manager - Colin M. Vito
  • Director of Marketing & Business Development - Carrie Williams
  • Operations Director - Chuck Lewandowski

[edit] External links