ShoppingTown main entrance
|Opening date||1954 (as a strip mall, then enclosed in 1975)|
|Closing date||Estimated closure 2019|
|Developer||Eagan Real Estate Inc.|
|Owner||Moonbeam Capital Investments LLC|
|No. of stores and services||~100|
|No. of anchor tenants||5 (1 open, 4 vacant)|
|Total retail floor area||988,054 sq ft (91,793.2 m2)|
|No. of floors||2, plus partial basements|
ShoppingTown Mall is a regional shopping mall in Dewitt, New York. It opened as an open-air shopping center in 1954, and was converted to an enclosed mall in 1975. As of 2016[update], it has approximately 100 stores, with Sears serving as the only anchor store. It has a food court and a fourteen-screen Regal Cinemas movie theater. As of 2016[update], ShoppingTown Mall is owned and managed by Moonbeam Capital Investments LLC.
ShoppingTown opened in 1954 as one of Syracuse's first suburban open-air shopping centers. Early tenants included Dey Brothers department store, The Addis Company (later merged into Addis and Dey's), Woolworth, W.T. Grant, and a Kallet movie theater. A Grand Union supermarket was added on the eastern end.
Television station WNYS-TV opened its first studios in the basement of ShoppingTown when it began broadcasting in 1962. The studio caught fire in April 1967. The call letters were changed to WIXT-TV in 1978, and the station moved from ShoppingTown to new studios on nearby Bridge Street in East Syracuse in 1985.
After expanding several times in the 1960s, ShoppingTown was converted to an enclosed shopping mall in 1975, and was substantially remodeled in 1991. The mall was owned by Macerich, which acquired it from Wilmorite Properties in 2005, but was sold in 2011 to Macerich.[contradictory] Macerich managed the mall until 2012, when the new owners hired Jones Lang LaSalle to manage the mall. In 2014, MoonBeam Capital Investments bought the mall for 13.6 million.
In 2012 a community theater, Central New York Playhouse, opened. This was part of a trend in which local businesses and community groups filled some of the space created by the loss of national retail tenants. Between 2015 and 2016 the mall lost three of its four anchor tenants, Macy's, Dick's Sporting Goods, and J.C. Penney. In February 2015, Moonbeam Capital Investments proposed plans to demolish the Sears wing and turn it into a strip mall. This has been halted indefinitely because of a tax dispute.
As of 2017, future plans include repurposing facilities to include office, healthcare, and education tenants.
- The Bon-Ton
- Media Play
- Dick's Sporting Goods (closed October 2015 and moved into the old Kmart Plaza next door)
- Macy's (closed in March 2015)
- J. C. Penney (closed in April 2016)
- "Management Team," Moonbeam Capital Investments, LLC. Accessed: July 23, 2014
- "Moonbeam". Shoppingtownmall.com. Retrieved 23 May 2017.
- "Malls to Main Streets in New York State". Empirestatefuture.org. Retrieved 20 January 2015.
- "Update: Mall's owner responds to Schumer". syracuse.com. Retrieved 20 January 2015.
- "Shoppingtown Mall; DeWitt, New York - Labelscar". Labelscar: The Retail History Blog. Retrieved 20 January 2015.
- "DeadMalls.com: Shoppingtown Mall: Dewitt (near Syracuse), New York". Deadmalls.com. Retrieved 23 May 2017.
- "Macerich - Investor Relations - Press Releases". Phx.corporate-ir.net. Retrieved 20 January 2015.
- Bob Niedt (2007-03-13). "ShoppingTown goes open-air". The Post-Standard. Retrieved 2007-08-05.
- "New theater company, Central New York Playhouse, will open Nov. 1 in ShoppingTown Mall". Blog.syracuse.com. Retrieved 23 May 2017.
- "CNY Playhouse signs new lease at ShoppingTown: 'There are people that love this mall'". Syracuse.com. Retrieved 23 May 2017.
- "ShoppingTown Mall: See list of all the stores 40 years ago, 25 years ago and today". Syracuse.com. Retrieved 23 May 2017.
- "ShoppingTown owner: We want to demolish large part of mall in major redesign". Syracuse.com. Retrieved 23 May 2017.
- "Why county taxpayers are forced to refund $2.4 million to ShoppingTown Mall's owner". Syracuse.com. Retrieved 23 May 2017.
- "ShoppingTown owners not selling; 'finalizing' plans to repurpose mall". Syracuse.com. Retrieved 23 May 2017.
- DeWitt Community Library website. Accessed 21 May 2017.
- Official website
- Moonbeam Capital Investments LLC website
- Dowty, Douglas. (2014, July 15). "Why county taxpayers are forced to refund $2.4 million to ShoppingTown Mall's owner," The Post Standard
- Tampone, Kevin. (2013, September 24). "ShoppingTown Mall's new owner: 'This is a long-term play'," The Post Standard