Village Mall (Danville, Illinois)

Village Mall
Location Danville, Illinois
Coordinates 40°10′20″N 87°37′42″W / 40.17223°N 87.62838°W / 40.17223; -87.62838Coordinates: 40°10′20″N 87°37′42″W / 40.17223°N 87.62838°W / 40.17223; -87.62838
Address 2917 North Vermilion Street
Opening date 1975
Developer SES Development Company
Owner T Danville
No. of stores and services 30+
No. of anchor tenants 6
Total retail floor area 545,000 square feet (51,000 m2)[1]
No. of floors 1

Village Mall is an enclosed shopping mall in Danville, Illinois. Opened in 1975, it features Burlington Coat Factory, Carson's, County Market, Dunham's Sports, and Ross Dress for Less, as its anchor stores, along with an AMC Theatres cinema. It is managed by T Danville, a division of Tabani Group.

History

Village Mall was developed in the 1970s by SES Development Company.[2] The first store to open was an Ayr-Way discount store in 1972, which later became Target.[3] It was followed by a National Supermarkets and a Meis department store,[4] which was later sold to Elder-Beerman. The mall itself opened in 1975.[4] J. C. Penney was added in 1985.[5] Sears, which previously had a store in downtown Danville, was offered an incentive by the city to move to the mall in the early 1990s.[6]

By 1999, the Target store had closed and converted to Hobby Lobby.[7] J. C. Penney closed its Danville store in 2001 along with two others in Illinois.[8] In 2004, a wing of the mall was renovated to make room for a Goody's clothing store.[9] The former J. C. Penney store became Steve & Barry's in 2006.[10] That same year, several anchors were proposed for the mall, including Old Navy and Dunham's Sports. County Market, which replaced National Supermarket, was also expanded.[11]

Hobby Lobby, Steve & Barry's, and Goody's all closed in 2008, the latter two due to bankruptcy of the chains.[7][12][9] The loss of these stores led to rumors that the mall would close or be converted to other uses, or that Elder-Beerman or Sears would relocate to elsewhere in town.[13]

Despite these closures, Pet Supplies Plus opened in part of the former Hobby Lobby.[14] By 2010, the last restaurant had closed in the food court.[4] Elder-Beerman was re-branded Carson's in 2011,[15] and Dunham's Sports filled the rest of the former Hobby Lobby.[16] The former Goody's space became Ross Dress for Less in mid-2012.[17] In mid-2013, Burlington Coat Factory opened in the former J. C. Penney/Steve & Barry's space.[18] The addition of new stores brought occupancy levels up to 78 percent.[3] In September 2014, Sears announced that it would close the Village Mall store.[19] In mid-2015, a Jo-Ann Fabrics was added to the mall, while the city of Danville offered an incentive to the Slumberland Furniture chain to open a store in part of the former Sears.[20]

References

  1. ↑ "About". Village Mall. Retrieved 20 October 2013.
  2. ↑ "Illinois". Chain Store Age 48 (1-6). 1972.
  3. 1 2 Bailey, Jennifer (19 August 2012). "UPDATE: More retail outlets on the way". Commercial-News. Retrieved 20 October 2013.
  4. 1 2 3 Evans, April (28 May 2011). "Mall: Past, present". Commercial-News. Retrieved 20 October 2013.
  5. ↑ "JCPenney Proceeds With Planned Restructuring Program; - Announces $275 Million Charge to Fourth Quarter Earnings". PR Newswire. 25 January 2001. Retrieved 20 October 2013.
  6. ↑ Bailey, Jennifer (28 August 2011). "Incentive packages not new for city". Commercial-News. Retrieved 20 October 2013.
  7. 1 2 Wicoff, Mary (6 February 2008). "Hobby Lobby to close this spring". Commercial-News. Retrieved 20 October 2013.
  8. ↑ "J. C. Penney to close 3 Ill. stores". Crain's Chicago Business. 25 January 2001. Retrieved 20 October 2013.
  9. 1 2 Roehm, Carol (10 June 2008). "Goody's to close Danville store". The Commercial-News. Retrieved 20 October 2013.
  10. ↑ "Danville, Ill., officials float plan to return sales taxes to Steve & Barry's". TMC Net. 5 August 2008. Retrieved 20 October 2013.
  11. ↑ Roehm, Carol (10 April 2006). "Stores have eye on Village Mall". The Commercial-News. Retrieved 20 October 2013.
  12. ↑ Yue, Lorene (2 September 2008). "Steve & Barry's to lose 9 Illinois stores". Crain's Chicago Business. Retrieved 20 October 2013.
  13. ↑ Bailey, Jennifer (15 November 2008). "Officials put Village Mall rumors to rest". The Commercial-News. Retrieved 20 October 2013.
  14. ↑ Moss, Tracy (13 May 2009). "Pet Supplies Plus to occupy former Hobby Lobby store at Danville mall". The News-Gazette. Retrieved 20 October 2013.(subscription required)
  15. ↑ McGee, Noelle (26 July 2011). "Danville's Elder-Berman to become Carson's". The News-Gazette. Retrieved 20 October 2013.(subscription required)
  16. ↑ Evans, April (12 May 2011). "Dunham’s Sports to anchor at mall". The Commercial-News. Retrieved 20 October 2013.
  17. ↑ Bailey, Jennifer (20 April 2012). "Ross Dress for Less coming to mall". The Commercial-News. Retrieved 20 October 2013.
  18. ↑ Moss, Tracy (17 May 2013). "Burlington Coat Factory coming to Danville mall". The News-Gazette. Retrieved 20 October 2013.(subscription required)
  19. ↑ Bailey, Jennifer (17 September 2014). "Sears to close mall site later this year". The Commercial-News. Retrieved 23 September 2014.
  20. ↑ Crane, Tracy (22 June 2015). "Slumberland a potential replacement at former Sears location in Danville". News-Gazette. Retrieved 19 October 2015.

External links

This article is issued from Wikipedia - version of the Sunday, April 24, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.