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Friday, May 11, 2018

Lormax Stern Development Company » Macomb Mall
src: lormaxstern.com

Macomb Mall is an enclosed shopping center located in Roseville, Michigan. Opened in 1964, it features Kohl's, Babies "R" Us, Party City, Old Navy, Dick's Sporting Goods, and At Home as major stores. The mall is managed by Lormax Stern.


Video Macomb Mall



History

Macomb Mall was developed in 1964 by the Schostak Brothers of Detroit, Michigan. The mall opened with Sears, Crowley's, and Kresge as its anchor stores. An expansion completed in 1986 added a third anchor store, MainStreet (sold to Kohl's in 1989) and over 40 new stores. Old Navy was added as part of a 1999 renovation as the first Old Navy store in Macomb County. In 1999 Crowley's went bankrupt and sold its store to Value City.

Schostak continued to manage the mall until 2004, when it was put on the market. Thor Equities acquired the mall that year. Value City closed its store in March 2008.

In late 2011, Macomb Mall was almost closed due to one of Thor Equities' loans defaulting. The property was sold to Cushman & Wakefield in 2011, and again to Lormax Stern in mid-2013. In December 2013, Lormax Stern announced an $8 million renovation plan that will involve the demolition and reconstruction of the theater complex, as well as the demolition of the former Crowley's/Value City building for Dick's Sporting Goods. Ulta and Shoe Carnival are also confirmed as future tenants, followed by H&M in 2015. On June 22, 2017 it was announced that the Sears in Macomb Mall will be closing. A portion of the store closed early and was converted into an At Home. The remainder of the store closed on September 17, 2017.


Maps Macomb Mall



References


Macomb Mall Sign Renovation Part 3 Roseville MI | Metro313 - YouTube
src: i.ytimg.com


External links

  • Official website

Source of article : Wikipedia