Bangor Mall

Bangor Mall is a 60-acre (24 ha) shopping mall in Bangor, Maine, United States.

Bangor Mall

Location	Bangor, Maine, USA
Coordinates	44°49′49″N 68°44′56″W / 44.8304°N 68.7490°W / 44.8304; -68.7490
Opening date	October 1978
Developer	The Kravco Co.^[1]
Management	Namdar Realty Group
Owner	Namdar Realty Group
No. of stores and services	52 (Open)
No. of anchor tenants	4 (3 open, 1 vacant)
Total retail floor area	653,000 square feet (60,700 m^2)^[2]
No. of floors	1

Located off the Stillwater Avenue exit on Interstate 95, it serves as a shopping center for the surrounding Bangor area. Current stores include JCPenney and Dick's Sporting Goods with one anchor space standing empty and another Previous anchors include Sears, which closed in 2018, Macy's (originally Filene's that opened in 1998), which closed in 2017 and became Furniture, Mattress And More in 2018, and Porteous, which closed in 2003 and became Dick's Sporting Goods in 2004. The former Sears space stands now stands condemned for building code violations after a convicted fraudster attempted to convert it into a used car dealership.^[3]

The Bangor Mall is managed by Namdar Realty Group, who acquired the mall for $12.6 million in 2019 after Simon Property Group defaulted on an $80 million loan.^[4]

Bangor Mall Exterior Entrance in Spring 2018

Built in 1977 on a former dairy farm and opened in October 1978,^[5][6] it sits on Stillwater Avenue north of Bangor's central business district. It can be reached from nearby Interstate 95 via exits 186 and 187. In 1998, Filene's opened its store in the mall, during the 1996-1998 renovation.

As of 2023^[update], the mall is at risk of closure and dying due to declining sales and increased competition from online retailers.^[7]

References

1. Demick, Barbara (May 18, 1989). "Kravco And 6 Of Its Malls Sold To A Canadian Developer". The Philadelphia Inquirer. Retrieved November 30, 2011.
2. https://business.simon.com/mall/leasingsheet/7700_BangorMall.pdf^{[bare URL PDF]}
3. Loftus, Sawyer (2022-04-06). "Bangor condemns major section of mall following fight with man accused of fraud". Bangor Daily News. Retrieved 2023-03-10.
4. Valigra, Lori (April 19, 2019). "Bangor Mall sells for $12.6 million, well below assessed value". Bangor Daily News. Retrieved February 25, 2020.
5. Varney, Simon (October 10, 1990). "The Bangor Mall turns twelve". Bangor Daily News. Retrieved March 28, 2012.
6. McCord, Tom (January 14, 2010). "Bangor slowly rediscovers the value of its past". Bangor Daily News. Retrieved March 28, 2012.
7. Dave (January 24, 2023). "The Future Of The Bangor Mall: Uncertain". www.denvermart.com. Retrieved July 31, 2023.{{cite web}}: CS1 maint: url-status (link)

External links

• Official website