Ohio senators to propose rail safety bill after fiery train derailment, Haliburton scores 32, Pacers hold off Doncic, Mavs, 124-122, Fort Worth saw 13% drop in violent crime in 2022, police say. The locations include the formerKmart stores in Kill Devil Hills, North Carolina; Jackson, Wyoming; Scotts Valley, California; Wall, New Jersey; and Auburn, Maine. They were sold to their longtime investor and CEO, Eddie Lampert, who has kept them alive on a shoestring budget under the company name Transformco. By signing up you agree to our Terms of Service and Privacy Policy, Stand with us in our mission to discover and uncover the story of North Texas, Empty Sears at Mesquites Town East Mall could get a major makeover, https://www.linkedin.com/in/mariahalkias/. 9:00 AM on Mar 8, 2022 CST A year after the last Sears store in Dallas-Fort Worth closed at Town East Mall, a Dallas developer is negotiating with the Mesquite shopping center to turn the. Demolition work will extend into the summer. The 500,000-square-foot shopping center on either side of a Target houses several big box stores. A similar facility is being built in Alcoa. UPDATE: This story was originally published Feb. 3and was updated onFeb. 15 with five additional Sears and one Kmart store closingsbased on new jobpostings at closing stores. The mall opened on October 6, 1971. Earlier this week, a graphic began circulating on social media about the popular malls closing. This material may not be published, broadcast, rewritten, or redistributed. Click here to read all retail news and updates. Liquidation sales are expected to end at a handful of additional stores by late February. More Sears and Kmart stores are set to close in the coming months. State officials announced in February that Amazon would establish a $200 million, 635,000-square-foot fulfillment center in Alcoa. The new designs also reduced the amount of truck traffic planned for the site. The property, also known as East Towne, is being redeveloped as an Amazon delivery station, slated to open in 2022. After neighbors and community organizations raised concerns about traffic, noise and light impacts, the project was scaled down to one 219,000-square-foot building anda$30 million investment that would create about 730 jobs starting at $15 an hour. 2023 FOX Television Stations, Dallas man admits to shooting driver who "rear-ended" him, police records say, Dollar Tree fined $254,478 by feds after what they found in this East Texas store, Fort Worth city council approves abandoned shopping cart crackdown, Irving rapper 2G.Kaash arrested on murder charge, Marriott files motion to dismiss Michael Irvin lawsuit. Both chains were owned by Sears Holdings, which filed for Chapter 11 bankruptcy protection in 2018 and narrowly escaped liquidation in early 2019. All rights reserved. At the start of 2010, Sears had more than 3,900 stores. In Knoxville, Amazon had to purchasefour separate properties that make up the mall's footprint, a complex deal withseparate owners in different states. Bidding will remain open until 2 minutes have passed without receiving an acceptable bid. The mall is currently undergoing a transformation into an urban town center with more than 1,000 residential properties . With Sears filing for bankruptcy and so many stores closing, the end may be drawing near for the iconic American retailer. Town Easts loan was sent back to the loan servicer, according to a report by commercial loan research firm Trepp. Due to the excessive amount of shoplifting and vandalism at Town East Mall, it saddens us to announce the closure of Town East, the post said. The post said the malls final operation date would be September 4 and even featured the city of Mesquites official logo. Macy's has not disclosed which stores will be shut down in future rounds of closures expected to be carried out through 2022. . These leggings and parkas look great together in any combination, so you can mix and match according to your preferences. Starting at 7 p.m. Wednesday (March 18), Towne East Square Mall closes its doors and the mall will stay closed to the public at least through the month. The proposed redevelopment of the Sears property would also include pad sites and retail spaces at the corner of Interstate 635 and Town East Boulevard, according to Mesquite economic development documents. According to Forbes, this had shrunk to 489 at the start of 2019, and at the end of Jan. 2021, there were just 36 department stores left, along with 30 Kmarts, down from 360 in 2019. Wednesday, the Indianapolis-based company made the announcement to close all of its retail properties including its malls, premium outlets and mills. Then came Amazon's announcement of the smaller delivery center. 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Stay in the know with the latest news surrounding store openings, events, and much more! Construction began last month to make way for an Amazon distribution center. Its the last Sears department store open in North Texasafter two others closed last yearat Hulen Mall in Fort Worth and The Parks at Arlington. Hillwood, the original planned developer, exited from the Knoxville project once it was scaled down and Amazon purchased the property directly for $22 million. Hillwood is still the developer of the Alcoa Amazon site. MESQUITE, Texas - Mesquite city officials say a viral post saying Town East Mall will be closing is completely false.. Saturday 10:00 AM to 9:00 PM. Click here to read all retail news and updates. Town East Mall operates EXTENDED opening hours on Black Friday and REDUCED hours on Christmas Eve, New Year's Eve, New Year's Day. Our area is still growing in Mesquite and nearby Kaufman County, Keheley said. Brookfield Properties received a one-year extension during the pandemic in June 2020 when the $160.3 million loan came due. A fewstoresannounced their upcoming demiseon their Facebook pages. Make your shopping easy with our convenient parking. Any future redevelopment plans would first have to be approved by the Mesquite City Council. Godiva is closing all of its U.S. locationsby the end of March as in-store visits for its luxury chocolatedip during the coronavirus pandemic. Orange: Mall of Orange, 2100 N Tustin St. Sacramento: Arden Fair Mall, 1601 Arden Way, Brandon: 686 Brandon Town Center Mall, 686 Brandon Town Center Mall, Merritt Island: Merritt Square Mall, 777 East Merritt Island Causeway (Added to file Feb. 1), Aiea: Pearlridge Shopping Center, 98-180 Kamehameha Highway. Alabama Justice store closures Birmingham: 5030 Pinnacle Square, Suite 112 Dothan: 900 Commons Drive Space 907. Of course, it was Knoxville's worst-kept secret for some time before that. Town East is Mesquites top private company employer with 2,750 full-time equivalent jobs at the mall. Town East Mall's owner hasn't been able to find a new lender Brookfield Properties was given an extension 12 months ago, but even though the Mesquite mall is able to pay its way, it hasn't been. However, Brookfield continues to list Town East among its properties. The store closings were reported by Forbes, and include locations in Los Angeles, several others in California, and in Hawaii. D.H. Griffin Wrecking Co. is the contractor, according to the demolition permit issued bythe City of Knoxville on March 17. KNOXVILLE, Tenn. (WATE) The former East Towne Mall/Knoxville Center is coming down. This fashionable center offers a variety of shopping options with more than 85 popular retail stores such as Coach, H&M, Forever 21, Victoria's Secret, and Old Navy. 75150. Read more from NBC 5's media partner The Dallas Morning News. By signing up you agree to our Terms of Service and Privacy Policy, Stand with us in our mission to discover and uncover the story of North Texas, Town East Malls owner hasnt been able to find a new lender, https://www.linkedin.com/in/mariahalkias/, Dallas RedBird redo at old mall site hits a home run with first-phase apartments, The last Sears department store in Dallas-Fort Worth is closing, Sean Menke, CEO of Southlake-based travel tech firm Sabre Corp., stepping down, Eli Lilly cuts insulin prices in move to make diabetes medicine more affordable, Shermans semiconductor hub attracts massive land buy for home development, Back to normal: D-FW home prices now only growing at a pre-pandemic pace, Top North Texas office developer expands into multifamily, A living list: Dallas-Fort Worths oldest restaurants, aged 50 and up, Garlands Pho Real Trail highlights the citys growing Vietnamese food scene. The mall has EXTENDED hours in the holiday period between the Thanksgiving weekend and Christmas Eve. The inability to refinance the loan comes even as the malls debt-service coverage ratio, or its ability to service its debt payments from cash flow, and occupancy have held up strongly, Trepp said. See the updated closure list", "Town East Mall's owner hasn't been able to find a new lender", Prestonwood Town Center (shopping center), https://en.wikipedia.org/w/index.php?title=Town_East_Mall&oldid=1103502602, Shopping malls in the DallasFort Worth metroplex, Infobox mapframe without OSM relation ID on Wikidata, Articles to be expanded from February 2019, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0, Outlet Mall of America (North Richland Hills), Seminary South Shopping Center (Fort Worth), This page was last edited on 9 August 2022, at 22:40. Maria Halkias has covered the retail scene for The Dallas Morning News since 1993. The Sears at Town East Mall in Mesquite is closing, according to job listings as "store closing" temporary positions. The following stores are slated to close by mid-April if not earlier. The 961,000-square-foot Knoxville Center Mall closed its doors on Jan. 31, 2020, after more than 35 years in operation. It's one of several shopping mall properties around the country that Amazon is purchasing and transforming. More than 300,000 people live within 5 miles of the mall, and the average household income is about $73,000, according to market research. I haven't stepped into the actual part of the mall (apart from target) since Late-December 2021 and already I've seen 5 businesses close down. Its anchor stores are Macy's (Opened as Sanger-Harris in 1971, became Foley's in 1987, became Macy's in 2006), Dillard's, JCPenney, and Dicks Sporting Goods. This is an opportunity to really do that," Hill says. Clovis: Sierra Vista Mall, 1140 Shaw Ave. Long Beach: 2100 North Bellflower Blvd. Get more time to pay at your favorite stores. A Texas Appeals Court overruled a decision to throw out a lawsuit against Jerry Jones from a woman who claimed the Dallas Cowboys owner kissed her on the mouth and forcibly grabbed her without her consent.. Though Sears does have several appliance outlet stores in the Metroplex, including Allen, Arlington, and Carrollton. You can help by adding to it. Expand. Fuel your shopping spree with a bite at the 850-seat food court where you'll have your choice of over 25 eateries serving all your favorites. (Added Feb. 19). We've expanded our curbside pickup offerings with more participating stores and restaurants! Jeremy Hill, director of the Center for Economic Development and Business Research at Wichita State University, says more businesses like restaurants, clothing stores, movie theaters and more will likely be directly impacted by the coronavirus. 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