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Anderson Towne Center

Anderson Towne Center is a shopping mall in Cincinnati, Ohio, United States. Built in 1969 as Beechmont Mall, it originally included John Shillito Company (Shillito's) and Mabley & Carew as its major anchor stores, with Gold Circle joining in 1980. Each anchor store changed names twice during the original mall's history: Shillito's became Rike Kumler Co. (Rike's) and then Lazarus, Mabley & Carew became Elder-Beerman and then Parisian, while Gold Circle became Hills and then Kmart. Between 2002 and 2003, the center was demolished except for the Lazarus and Kmart buildings, and renamed to Anderson Towne Center. Following the conversion of Lazarus to Macy's at that point and the closure of Kmart in 2013, the center's present anchor stores are Macy's, Kroger, Sky Zone, and Crunch Fitness.

Anderson Towne Center
LocationCincinnati, Ohio, U.S.
Coordinates39°04′27″N 84°21′00″W / 39.07417°N 84.35000°W / 39.07417; -84.35000
Address7500 Beechmont Avenue
Opening date1969 (as Beechmont Mall)
2003 (as Anderson Towne Center)
DeveloperCarl H. Lindner, Robert D. Lindner
OwnerVictory Real Estate Investments
No. of stores and services40
No. of anchor tenants4
Total retail floor area320,845 square feet (29,807.5 m2)[1]
No. of floors1 (3 in Macy's)
Public transit access Metro

History edit

Plans for Beechmont Mall were first announced in September 1967. Developer Carl H. Lindner and his brother Robert D. Lindner announced that the mall's anchor stores would be two local department stores: John Shillito Company (Shillito's) and Mabley & Carew, with over 600,000 square feet (56,000 m2) of retail space occupying 50 acres (20 ha). Manuel D. Meyerson and Associates served as leasing agent for both anchor stores. According to the initially-announced plans, the Shillito store was to consist of two levels, with the lower level mainly consisting of apparel, shoes, toys, and sporting goods, while the upper level would feature furnishings, household goods, appliances, and discounted merchandise. Baxter, Hodell, Donnelly & Preston was hired as the architectural firm to design the Mabley & Carew store. The mall's location was chosen on Beechmont Avenue (SR 125) in Anderson Township.[2] Construction began in October 1968, with projected costs of $14 million. By this point, several tenants had been confirmed for the mall, including Lerner New York (now known as New York & Company), Waldenbooks, Kinney Shoes, F. W. Woolworth Company, Florsheim Shoes, Casual Corner, Swiss Colony, 5-7-9, along with Thriftway Supermarket and SupeRx Drugs.[3] The Lindner brothers sold the mall to Prudential Financial in 1977.[4]

1970s–1990s expansions edit

The first change to come to the mall was in 1978, when Dayton, Ohio-based Elder-Beerman purchased all four locations of Mabley & Carew.[5] Four years later, Federated Department Stores (now Macy's, Inc.) merged Shillito's with the Rike Kumler Co. (Rike's), another Dayton-based department store, and dual-branded all locations as Shillito-Rikes.[6] In 1983, Beechmont Mall underwent an expansion whose construction costs were valued at $2,000,000. This expansion consisted of adding a Gold Circle discount store (also owned by Federated) to the north end of the mall, while relocating the Thriftway supermarket to a larger location on the mall's periphery. In addition, the older Thriftway location would become a food court.[7] Further consolidation by Federated affected the two anchor stores under its ownership throughout the late 1980s. In 1986, the company merged the Shillito-Rike's stores with Lazarus, a department store based in Columbus, Ohio. As a result, Beechmont's western anchor was remodeled and converted to Lazarus that year.[8] Two years later, following the acquisition of Federated by the Campeau Corporation, the Gold Circle chain was sold to Kimco Realty, which leased all of the Cincinnati-area locations to Hills that year.[9] Woolworth closed at the mall in 1989 when its lease was not renewed, and its space was subdivided for smaller stores. In addition, Limited Brands (now L Brands) expanded its presence at the mall by downsizing Lerner New York for The Limited while also adding a branch of its sister brand Limited Express (now Express).[10] Many of these changes were instigated by MetLife, which had acquired the mall from Prudential in 1987,[4] and sought to target more white-collar worker demographics by bringing in more fashion-oriented tenants.[10]

Hills closed the store in June 1991 and five months later it was converted to Kmart, which relocated from an existing store 1 mile (1.6 km) to the west at Cherry Grove Plaza.[11] Elder-Beerman closed its store at Beechmont Mall in 1992 after deeming that renovations to the store would be too costly. The store was sold that same year to Parisian, a department store chain based out of Birmingham, Alabama which had begun seeking other Cincinnati-area locations after the initial success of their location at Forest Fair Mall (now Forest Fair Village). In addition, a TGI Friday's restaurant opened at the mall the same year.[12] Further renovations in 1993 included expanded locations for existing tenants Claire's, GNC, and B. Dalton.[13] MetLife proposed renovation plans for the mall in 1994, which would include new entrances and expansion of the food court. Gap and Bombay Company also opened at the mall at this point, and mall management cited these stores as examples of the tenants desired in creating a more upscale image for the mall.[14]

1990s: Decline edit

Despite the addition of these new stores, the mall's occupancy rate began to decline throughout the late 1990s due to its age, its smaller size than other malls,[15] and increased competition from the then-newly expanded Kenwood Towne Centre.[16] MetLife put the mall up for sale in 1996,[17] but withdrew the sale after lack of interest.[16] MetLife auctioned Beechmont and nine other malls under its ownership in 1997,[16] and Zamias Services, Inc. bought all ten that December.[18] By 1998, many major tenants had left the mall, including Gap, Express, and Lane Bryant. As a result, Zamias sought renovation plans, with proposals including a multiplex movie theater[15] Parisian closed at the mall in late 1999 due to declining sales.[19]

Goldman Sachs acquired the mall from Zamias in 1999. The company proposed tearing down the mall and redeveloping it as an outdoor shopping center, but declined at the time due to concerns that redevelopment would not yield a large enough return on investment. Delays in redevelopment, combined with the expiration of tenant leases, contributed to an increasingly high vacancy rate at the beginning of the 21st century; by 2001, The Cincinnati Enquirer described the mall as a "ghost town" with "a handful of smaller stores" alongside Lazarus and Kmart.[20] Victory Real Estate of Columbus, Georgia was announced as a potential buyer in November of that year.[21] After buying the property, Victory Real Estate renamed it to Anderson Towne Center and announced that they would begin converting it to an outdoor mall. These plans called for the demolition of everything except for the Kmart and Lazarus buildings, along with the addition of exterior-facing retail suites and new locations for TGI Friday's and CVS Pharmacy, two of the only remaining tenants at the time.[22] Demolition began in January 2003.[23] Also included in the redevelopment would be a 104,000-square-foot (9,700 m2) Kroger supermarket, then the largest in the chain, on the site of the former Parisian. In addition, the Lazarus store was renovated.[24] Kroger opened for business in November 2004.[25] The rest of the renovated center opened in 2005, by which point the Lazarus store had been re-branded as Macy's. At the time of reopening, the new mall had multiple vacancies, but township representatives and mall owners noted that this was due to several leases having not yet been finalized.[26]

Kmart closed at Anderson Towne Center in 2014.[27] Five years later, the former Kmart was torn down for an AMC Theatres multiplex theater and a Crunch Fitness. Other tenants joining in 2019 included Sky Zone trampoline park and Bar Louie restaurant, while Macy's expanded its store with a branch of its discount division Macy's Backstage.[28]

References edit

  1. ^ "Anderson Towne Center". Victory Real Estate Investments. Retrieved August 12, 2018.
  2. ^ Weiskittel, Ralph (September 20, 1967). "$14 million center planned". The Cincinnati Enquirer. p. 1. Retrieved August 12, 2018.
  3. ^ "Construction begins on Beechmont Mall". The Cincinnati Enquirer. October 22, 1968. p. 27. Retrieved August 12, 2018.
  4. ^ a b "Prudential sells mall". The Cincinnati Enquirer. September 30, 1987. pp. B7. Retrieved October 28, 2019.
  5. ^ "Elder-Beerman Stores Corp. takes over Mabley & Carew". The Cincinnati Enquirer. August 10, 1978. p. 1. Retrieved October 28, 2019.
  6. ^ Wayne Buckhout (April 6, 1982). "Federated combines Shillito's, Rike's". The Cincinnati Enquirer. pp. C9. Retrieved April 7, 2019.
  7. ^ "Beechmont Mall schedules $2 million renovation". The Cincinnati Enquirer. October 13, 1983. pp. C11. Retrieved October 28, 2019.
  8. ^ Margaret Josten (January 21, 1986). "Lazarus: sign of times: Merger to end Shillito's name". The Cincinnati Enquirer. pp. A1, A8. Retrieved October 28, 2019.
  9. ^ Mike Boyer (September 13, 1988). "Fate of Gold Circle workers still in limbo". The Cincinnati Enquirer. pp. C6. Retrieved October 28, 2019.
  10. ^ a b Richard Green (August 9, 1988). "Beechmont Mall redoing its image". The Cincinnati Enquirer. pp. C9. Retrieved October 28, 2019.
  11. ^ "Kmart will be tenant at Beechmont". The Cincinnati Enquirer. November 9, 1991. pp. D10. Retrieved October 28, 2019.
  12. ^ John J. Byczkowski (August 22, 1992). "Beechmont Mall lands Parisian". The Cincinnati Enquirer. pp. B5. Retrieved October 28, 2019.
  13. ^ Anne Bowling (October 14, 1993). "New stores deliver early gift to mall". The Cincinnati Enquirer. p. 3. Retrieved October 28, 2019.
  14. ^ Sheri King (June 23, 1994). "Beechmont Mall may get makeover". The Cincinnati Enquirer. p. 1. Retrieved October 28, 2019.
  15. ^ a b Lisa Biank Fasig (January 2, 1999). "Beechmont Mall looks at cinemaplex". The Cincinnati Enquirer. pp. B8, B7. Retrieved October 28, 2019.
  16. ^ a b c Andy Hemmer (September 22, 1997). "Beechmont Mall on auction block". BizJournals.com. Retrieved October 28, 2019.
  17. ^ "MetLife accepting mall bids". The Cincinnati Enquirer. February 8, 1996. pp. B8. Retrieved October 28, 2019.
  18. ^ "Zamias closes deal on Beechmont Mall". The Cincinnati Enquirer. December 23, 1997. pp. B10. Retrieved October 28, 2019.
  19. ^ Lisa Biank Fasig (April 9, 1999). "Store closing at mall: Parisian out at Beechmont". The Cincinnati Enquirer. pp. D10. Retrieved October 28, 2019.
  20. ^ Lew Moores (November 10, 2001). "Beechmont Mall put up for sale". The Cincinnati Enquirer. pp. B8. Retrieved October 28, 2019.
  21. ^ Lew Moores (November 30, 2001). "Potential buyer of Beechmont Mall envisions revamp". The Cincinnati Enquirer. pp. C5. Retrieved October 28, 2019.
  22. ^ Karen Vance (October 1, 2002). "Mall will lose some walls". The Cincinnati Enquirer. pp. B5. Retrieved October 28, 2019.
  23. ^ "Beechmont Mall could be torn down Jan. 30". BizJournals. December 9, 2002. Retrieved October 28, 2019.
  24. ^ Jennifer Edwards (February 6, 2004). "Mall makeover poised to begin". The Cincinnati Enquirer. pp. D1, D5. Retrieved October 28, 2019.
  25. ^ John Byzcwoski (November 11, 2004). "New Kroger thinks big". The Cincinnati Enquirer. pp. E1, E5. Retrieved October 28, 2019.
  26. ^ Steve Kemme (May 30, 2005). "Shopping center's retail sites vacant". The Cincinnati Enquirer. pp. B3. Retrieved October 28, 2019.
  27. ^ "Anderson Township Kmart closing". The Cincinnati Enquirer. June 11, 2014. Retrieved October 28, 2019.
  28. ^ Sheila Vilvens (January 7, 2019). "Anderson Towne Center work wrapping up, so what's next?". The Cincinnati Enquirer. Retrieved October 28, 2019.

anderson, towne, center, shopping, mall, cincinnati, ohio, united, states, built, 1969, beechmont, mall, originally, included, john, shillito, company, shillito, mabley, carew, major, anchor, stores, with, gold, circle, joining, 1980, each, anchor, store, chan. Anderson Towne Center is a shopping mall in Cincinnati Ohio United States Built in 1969 as Beechmont Mall it originally included John Shillito Company Shillito s and Mabley amp Carew as its major anchor stores with Gold Circle joining in 1980 Each anchor store changed names twice during the original mall s history Shillito s became Rike Kumler Co Rike s and then Lazarus Mabley amp Carew became Elder Beerman and then Parisian while Gold Circle became Hills and then Kmart Between 2002 and 2003 the center was demolished except for the Lazarus and Kmart buildings and renamed to Anderson Towne Center Following the conversion of Lazarus to Macy s at that point and the closure of Kmart in 2013 the center s present anchor stores are Macy s Kroger Sky Zone and Crunch Fitness Anderson Towne CenterLocationCincinnati Ohio U S Coordinates39 04 27 N 84 21 00 W 39 07417 N 84 35000 W 39 07417 84 35000Address7500 Beechmont AvenueOpening date1969 as Beechmont Mall 2003 as Anderson Towne Center DeveloperCarl H Lindner Robert D LindnerOwnerVictory Real Estate InvestmentsNo of stores and services40No of anchor tenants4Total retail floor area320 845 square feet 29 807 5 m2 1 No of floors1 3 in Macy s Public transit accessMetro Contents 1 History 1 1 1970s 1990s expansions 1 2 1990s Decline 2 ReferencesHistory editPlans for Beechmont Mall were first announced in September 1967 Developer Carl H Lindner and his brother Robert D Lindner announced that the mall s anchor stores would be two local department stores John Shillito Company Shillito s and Mabley amp Carew with over 600 000 square feet 56 000 m2 of retail space occupying 50 acres 20 ha Manuel D Meyerson and Associates served as leasing agent for both anchor stores According to the initially announced plans the Shillito store was to consist of two levels with the lower level mainly consisting of apparel shoes toys and sporting goods while the upper level would feature furnishings household goods appliances and discounted merchandise Baxter Hodell Donnelly amp Preston was hired as the architectural firm to design the Mabley amp Carew store The mall s location was chosen on Beechmont Avenue SR 125 in Anderson Township 2 Construction began in October 1968 with projected costs of 14 million By this point several tenants had been confirmed for the mall including Lerner New York now known as New York amp Company Waldenbooks Kinney Shoes F W Woolworth Company Florsheim Shoes Casual Corner Swiss Colony 5 7 9 along with Thriftway Supermarket and SupeRx Drugs 3 The Lindner brothers sold the mall to Prudential Financial in 1977 4 1970s 1990s expansions edit The first change to come to the mall was in 1978 when Dayton Ohio based Elder Beerman purchased all four locations of Mabley amp Carew 5 Four years later Federated Department Stores now Macy s Inc merged Shillito s with the Rike Kumler Co Rike s another Dayton based department store and dual branded all locations as Shillito Rikes 6 In 1983 Beechmont Mall underwent an expansion whose construction costs were valued at 2 000 000 This expansion consisted of adding a Gold Circle discount store also owned by Federated to the north end of the mall while relocating the Thriftway supermarket to a larger location on the mall s periphery In addition the older Thriftway location would become a food court 7 Further consolidation by Federated affected the two anchor stores under its ownership throughout the late 1980s In 1986 the company merged the Shillito Rike s stores with Lazarus a department store based in Columbus Ohio As a result Beechmont s western anchor was remodeled and converted to Lazarus that year 8 Two years later following the acquisition of Federated by the Campeau Corporation the Gold Circle chain was sold to Kimco Realty which leased all of the Cincinnati area locations to Hills that year 9 Woolworth closed at the mall in 1989 when its lease was not renewed and its space was subdivided for smaller stores In addition Limited Brands now L Brands expanded its presence at the mall by downsizing Lerner New York for The Limited while also adding a branch of its sister brand Limited Express now Express 10 Many of these changes were instigated by MetLife which had acquired the mall from Prudential in 1987 4 and sought to target more white collar worker demographics by bringing in more fashion oriented tenants 10 Hills closed the store in June 1991 and five months later it was converted to Kmart which relocated from an existing store 1 mile 1 6 km to the west at Cherry Grove Plaza 11 Elder Beerman closed its store at Beechmont Mall in 1992 after deeming that renovations to the store would be too costly The store was sold that same year to Parisian a department store chain based out of Birmingham Alabama which had begun seeking other Cincinnati area locations after the initial success of their location at Forest Fair Mall now Forest Fair Village In addition a TGI Friday s restaurant opened at the mall the same year 12 Further renovations in 1993 included expanded locations for existing tenants Claire s GNC and B Dalton 13 MetLife proposed renovation plans for the mall in 1994 which would include new entrances and expansion of the food court Gap and Bombay Company also opened at the mall at this point and mall management cited these stores as examples of the tenants desired in creating a more upscale image for the mall 14 1990s Decline edit Despite the addition of these new stores the mall s occupancy rate began to decline throughout the late 1990s due to its age its smaller size than other malls 15 and increased competition from the then newly expanded Kenwood Towne Centre 16 MetLife put the mall up for sale in 1996 17 but withdrew the sale after lack of interest 16 MetLife auctioned Beechmont and nine other malls under its ownership in 1997 16 and Zamias Services Inc bought all ten that December 18 By 1998 many major tenants had left the mall including Gap Express and Lane Bryant As a result Zamias sought renovation plans with proposals including a multiplex movie theater 15 Parisian closed at the mall in late 1999 due to declining sales 19 Goldman Sachs acquired the mall from Zamias in 1999 The company proposed tearing down the mall and redeveloping it as an outdoor shopping center but declined at the time due to concerns that redevelopment would not yield a large enough return on investment Delays in redevelopment combined with the expiration of tenant leases contributed to an increasingly high vacancy rate at the beginning of the 21st century by 2001 The Cincinnati Enquirer described the mall as a ghost town with a handful of smaller stores alongside Lazarus and Kmart 20 Victory Real Estate of Columbus Georgia was announced as a potential buyer in November of that year 21 After buying the property Victory Real Estate renamed it to Anderson Towne Center and announced that they would begin converting it to an outdoor mall These plans called for the demolition of everything except for the Kmart and Lazarus buildings along with the addition of exterior facing retail suites and new locations for TGI Friday s and CVS Pharmacy two of the only remaining tenants at the time 22 Demolition began in January 2003 23 Also included in the redevelopment would be a 104 000 square foot 9 700 m2 Kroger supermarket then the largest in the chain on the site of the former Parisian In addition the Lazarus store was renovated 24 Kroger opened for business in November 2004 25 The rest of the renovated center opened in 2005 by which point the Lazarus store had been re branded as Macy s At the time of reopening the new mall had multiple vacancies but township representatives and mall owners noted that this was due to several leases having not yet been finalized 26 Kmart closed at Anderson Towne Center in 2014 27 Five years later the former Kmart was torn down for an AMC Theatres multiplex theater and a Crunch Fitness Other tenants joining in 2019 included Sky Zone trampoline park and Bar Louie restaurant while Macy s expanded its store with a branch of its discount division Macy s Backstage 28 References edit Anderson Towne Center Victory Real Estate Investments Retrieved August 12 2018 Weiskittel Ralph September 20 1967 14 million center planned The Cincinnati Enquirer p 1 Retrieved August 12 2018 Construction begins on Beechmont Mall The Cincinnati Enquirer October 22 1968 p 27 Retrieved August 12 2018 a b Prudential sells mall The Cincinnati Enquirer September 30 1987 pp B7 Retrieved October 28 2019 Elder Beerman Stores Corp takes over Mabley amp Carew The Cincinnati Enquirer August 10 1978 p 1 Retrieved October 28 2019 Wayne Buckhout April 6 1982 Federated combines Shillito s Rike s The Cincinnati Enquirer pp C9 Retrieved April 7 2019 Beechmont Mall schedules 2 million renovation The Cincinnati Enquirer October 13 1983 pp C11 Retrieved October 28 2019 Margaret Josten January 21 1986 Lazarus sign of times Merger to end Shillito s name The Cincinnati Enquirer pp A1 A8 Retrieved October 28 2019 Mike Boyer September 13 1988 Fate of Gold Circle workers still in limbo The Cincinnati Enquirer pp C6 Retrieved October 28 2019 a b Richard Green August 9 1988 Beechmont Mall redoing its image The Cincinnati Enquirer pp C9 Retrieved October 28 2019 Kmart will be tenant at Beechmont The Cincinnati Enquirer November 9 1991 pp D10 Retrieved October 28 2019 John J Byczkowski August 22 1992 Beechmont Mall lands Parisian The Cincinnati Enquirer pp B5 Retrieved October 28 2019 Anne Bowling October 14 1993 New stores deliver early gift to mall The Cincinnati Enquirer p 3 Retrieved October 28 2019 Sheri King June 23 1994 Beechmont Mall may get makeover The Cincinnati Enquirer p 1 Retrieved October 28 2019 a b Lisa Biank Fasig January 2 1999 Beechmont Mall looks at cinemaplex The Cincinnati Enquirer pp B8 B7 Retrieved October 28 2019 a b c Andy Hemmer September 22 1997 Beechmont Mall on auction block BizJournals com Retrieved October 28 2019 MetLife accepting mall bids The Cincinnati Enquirer February 8 1996 pp B8 Retrieved October 28 2019 Zamias closes deal on Beechmont Mall The Cincinnati Enquirer December 23 1997 pp B10 Retrieved October 28 2019 Lisa Biank Fasig April 9 1999 Store closing at mall Parisian out at Beechmont The Cincinnati Enquirer pp D10 Retrieved October 28 2019 Lew Moores November 10 2001 Beechmont Mall put up for sale The Cincinnati Enquirer pp B8 Retrieved October 28 2019 Lew Moores November 30 2001 Potential buyer of Beechmont Mall envisions revamp The Cincinnati Enquirer pp C5 Retrieved October 28 2019 Karen Vance October 1 2002 Mall will lose some walls The Cincinnati Enquirer pp B5 Retrieved October 28 2019 Beechmont Mall could be torn down Jan 30 BizJournals December 9 2002 Retrieved October 28 2019 Jennifer Edwards February 6 2004 Mall makeover poised to begin The Cincinnati Enquirer pp D1 D5 Retrieved October 28 2019 John Byzcwoski November 11 2004 New Kroger thinks big The Cincinnati Enquirer pp E1 E5 Retrieved October 28 2019 Steve Kemme May 30 2005 Shopping center s retail sites vacant The Cincinnati Enquirer pp B3 Retrieved October 28 2019 Anderson Township Kmart closing The Cincinnati Enquirer June 11 2014 Retrieved October 28 2019 Sheila Vilvens January 7 2019 Anderson Towne Center work wrapping up so what s next The Cincinnati Enquirer Retrieved October 28 2019 Retrieved from https en wikipedia org w index php title Anderson Towne Center amp oldid 1172082148, wikipedia, wiki, book, books, library,

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