Eastridge

Eastridge

The upper portion of one of the entrances at Eastridge
Location San Jose, California, USA
Address 2200 Eastridge Loop
San Jose, California 95122
Opening date May 17, 1971
Developer Bayshore Properties (The Taubman Company)/ Homart Development Co.
Management Pacific Retail Capital Partners & Silverpeak Real Estate Partners, Inc.
Owner Pacific Retail Capital Partners & Silverpeak Real Estate Partners, Inc.
No. of stores and services 150+
No. of anchor tenants 4
Total retail floor area 1,400,000 sq. ft.
No. of floors 3/2
Website http://eastridgecenter.com

Eastridge is a 1.4 million square foot (GLA) shopping mall owned by Pacific Retail Capital Partners & Silverpeak Real Estate Partners, Inc. and located in between Tully Road, East Capitol Expressway, and Quimby Road in eastern San Jose, California. The mall has an enclosed shopping area, restaurants and theaters. It is a split level mall, with part of the mall being 3 levels, and part of it being 2 levels.

History

It was opened on May 17, 1971 with the original anchors: Macy's, Liberty House, J. C. Penney, Joseph Magnin Co., and Sears. Eastridge was the largest enclosed shopping mall in the West. Emporium-Capwell replaced Liberty House when the chain pulled out of California. After Macy's bought Emporium-Capwell, they shuttered the store. It sat vacant until the 2005 remodel when they demolished the store.

In 2005 a major remodeling brought in an AMC Theatres and outdoor streetscape, with tenants such as Barnes & Noble and Bed Bath & Beyond. Other new stores continue to open inside, as well. The general consensus is that the renovation is a success.

In February 2012, two teenage boys were stabbed and left in critical condition at the mall, which led to J. C. Penney and Macy's closing, despite other stores not doing so.[1]

In the wake of the 2012 Aurora shooting, a mysterious package was thrown into an AMC theater at Eastridge during a showing of The Dark Knight Rises, which led to an evacuation of the theater.[2]

On July 20, 2012, a fire broke out near the mall at a homeless encampment in a 100-by-100 ft area, but was extinguished before the fire could reach any buildings.[3]

In September 2013, Bed Bath & Beyond announced that it was closing its Eastridge store in January 2014. Eastridge will be adding Round 1 Bowling & Amusement and 24 Hour Fitness in the former Bed Bath & Beyond space. 24 Hour Fitness opened on March 28, 2015 while Round 1 Bowling & Amusement delayed the opening until fall 2015.[4]

On January 15, 2016, a joint venture between Pacific Retail Growth Partners and Silverpeak Real Estate Partners acquired the Eastridge Shopping Mall from General Growth Properties, Inc. The total acquisition price was $200 million. The new owners announced that they will be investing approximately $15 million to upgrade the Mall.[5]

Anchors

Current

Former

References

  1. "Two People Stabbed at Eastridge Mall". NBC Bay Area. 2012-02-19. Retrieved 2012-07-30.
  2. "San Jose: Package thrown into 'Dark Knight' showing prompts Eastridge theaters evacuation - San Jose Mercury News". Mercurynews.com. 2012-07-24. Retrieved 2012-07-30.
  3. "San Jose firefighters extinguish small grass fire near Eastridge Mall". Inside Bay Area. Retrieved 2012-07-30.
  4. http://www.bizjournals.com/sanjose/news/2013/09/04/eastridge-mall-adding-bowling-alley-gym.html
  5. "Joint Venture Acquires Eastridge Mall in San Jose for $200 Million - CoStar Group". www.costar.com. Retrieved 2016-01-17.

External links

Coordinates: 37°19′31″N 121°48′51″W / 37.325328°N 121.814089°W / 37.325328; -121.814089


This article is issued from Wikipedia - version of the Saturday, April 09, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.