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Arborland Center

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This is an old revision of this page, as edited by 68.61.157.76 (talk) at 01:32, 1 April 2013 (I live 2 miles from this place, 5 below has been there for a bit so may as well add it to the list of "current tenants"). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Arborland Center
Map
LocationAnn Arbor, Michigan, United States
Coordinates42°15′21.8″N 83°41′15.2″W / 42.256056°N 83.687556°W / 42.256056; -83.687556
Opening date1961, redeveloped 1999
DeveloperTaubman Centers (original mall)
Simon Property Group (1980s mall)
ManagementAmCap Incorporated
No. of stores and services26
No. of anchor tenants6
Total retail floor area406,736 sq ft (37,787.0 m2).
No. of floors1

Arborland Center is a power centre located in Ann Arbor, Michigan, United States. Opened in 1961 as an unenclosed shopping mall, the center was redeveloped as a power centre in 1998.[1] Current anchor stores include Marshalls, PetSmart, Bed Bath & Beyond, and Toys-R-Us.

History

Arborland was Ann Arbor's first suburban mall, opened in the early 1960s. After the opening of nearby Briarwood Mall in the 1970s, Arborland was enclosed.[2][3] The original Arborland featured Federal Department Store (later Crowley's), J.C. Penney,[4] Kresge, Kroger and Montgomery Ward among its anchor stores. Montgomery Ward and Crowley's had closed in the 1980s, and Melvin Simon & Associates (now Simon Property Group) began renovations on converting the mall to a factory outlet center.[5] By this point, the mall's anchors were converted to Burlington Coat Factory in the former Montgomery Ward, Service Merchandise in the former Kresge, Toys "R" Us in the former Crowley's, Marshalls and other stores in the former J.C. Penney, and F&M drugstore in the former Kroger.[6]

In the late 1990s Freed and Associates purchased it on the cheap and razed most of the structure, transforming it into a big box cluster. Toys "R" Us was rebuilt during the "de-malling" of the center, while Marshalls and the former F&M building (now occupied by OfficeMax) were retained. Freed's purchase price was around $6 million; within a decade, in 2005, Freed was said to be seeking a buyer for over $100 million.[3] Freed did shortly find a buyer for the 409,000 sq ft (38,000 m2) center. The facility was purchased by AmCap, through a joint venture with Los Angeles-based Hart Realty Advisers for a reported $102 million.[7]

The Borders in Arborland closed in April 2011.[8][9] Current tenants of the development include Arhaus Furniture, Bed Bath & Beyond, DSW Shoe Warehouse, Hiller's Market, Marshalls, Michaels, OfficeMax, Old Navy, Petco, five below, and Toys "R" Us.

References

  1. ^ "The Company - Timeline". Josephfreed.com. Retrieved 2008-01-18.
  2. ^ http://www.highbeam.com/doc/1G1-50241275.html
  3. ^ a b GARDNER, PAULA. "Owners list Arborland mall for sale". Ann Arbor Business Review. mlive.com. Archived from the original on 2008-06-14. Retrieved 2008-01-17. {{cite news}}: Cite has empty unknown parameter: |coauthors= (help)
  4. ^ Clark, Sandra (February 18, 1990). "GALLERIA'S DRAW MAY ACTUALLY BOOST OFF-PRICE THRUWAY MALL". The Buffalo News. Retrieved 23 September 2012.
  5. ^ Baacke, Cheryl (May 26, 1983). "Arborland promises big bargains". The Michigan Daily. Retrieved 23 September 2012.
  6. ^ Directory of major malls. MJJTM Publications Corp. 1990. p. 319.
  7. ^ "News From October 14, 2005". Real Estate Business. REBusiness. 2005-10-14. Archived from the original on 2008-06-14. Retrieved 2008-01-17. {{cite news}}: Cite has empty unknown parameter: |coauthors= (help)
  8. ^ Paula Gardiner (16 February 2011). "Arborland Borders will close; downtown Ann Arbor & Lohr Road not on bankruptcy closing list". AnnArbor.com. Retrieved 10 June 2011.
  9. ^ Angela Smith (15 April 2011). "Somber mood sets in as Borders store at Arborland plans to close Sunday". AnnArbor.com. Retrieved 10 June 2011.
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