Heritage Mall is a shopping center in Albany, Oregon, United States. Anchored by Hobby Lobby, Ross Dress For Less, and Target, the 406,500-square-foot (37,770 m2) mall opened in 1988.[1] Located near the junction of Interstate 5 and U.S. Route 20, the mall sits on 33 acres (13 ha) and is the largest in the Albany-Corvallis-Lebanon metropolitan area.[2]

History

A groundbreaking ceremony has held in August 1987 and the shopping center was expected to cost $21.5 million to construct.[3] There was a competing proposal to build a regional shopping center in nearby Corvallis that was later abandoned by its developer.[4] The mall opened on November 2, 1988, with 28 permanent tenants and seven temporary tenants for the Christmas shopping season.[5]

The mall started with three anchor stores and plans for 60 to 70 other stores.[3] Troutman's Emporium and J. C. Penney were announced as the first anchors to sign-up for the center in August 1987,[6] with Target later becoming the third anchor. Emporium was to occupy a 44,000-square-foot (4,100 m2) space, while the J. C. Penney store was 34,000 square feet (3,200 m2).[6] Robacor Associates and Roebbelen Land Company of California developed Heritage Mall.[7]

The owners of the center filed for bankruptcy in December 1994, still owing $9.16 million to the contractors who built the mall.[8] In August 2005, Heritage Mall was sold to Steadfast Commercial Properties of California for $34 million.[8] Gottschalks opened a store at Heritage in 2005,[9] which closed in 2009.[10] At the time Gottschalks opened, other anchors were Target, Sears, Ross Dress for Less, and Old Navy.[8] The mall was remodeled in 2006.[8] The center was sold by Jones Lang LaSalle in December 2012 to Vintage Real Estate.[2][1] In May 2013, Hobby Lobby announced plans to open its first store in Oregon in the former Gottschalks space.[1][10]

In October 2014, Sears announced that it would close its store in the mall in early 2015.[11]

See also

References

  1. ^ a b c Culverwell, Wendy (May 23, 2013). "Hobby Lobby to make 60,000-square-foot splash in Oregon". Portland Business Journal. Retrieved 24 May 2013.
  2. ^ a b Lathrop, Steve (December 11, 2012). "Mall ownership changes hands". Albany Democrat-Herald. Retrieved 25 May 2013.
  3. ^ a b MacKenzie, Bill (August 30, 1987). "Revitalizing Downtown Albany caught twixt, tween". The Oregonian. p. D4.
  4. ^ Jameson, Hunter (November 2, 1988). "Grand opening ends 'Mall Wars'". Albany Democrat-Herald. p. 8. Retrieved January 30, 2025 – via Newspapers.com.
  5. ^ Jameson, Hunter (November 2, 1988). "Heritage Mall opens doors". Albany Democrat-Herald. p. 1. Retrieved January 30, 2025 – via Newspapers.com.
  6. ^ a b "Emporium, Penney to anchor mall". The Register-Guard. August 27, 1987. p. 1B. Retrieved 25 May 2013.
  7. ^ "Investment pace continues strong in third quarter". The Oregonian. December 27, 1987. p. C9.
  8. ^ a b c d Paul, Alex (September 19, 2005). "Heritage Mall booked for a facelift". Corvallis Gazette-Times. Retrieved 25 May 2013.
  9. ^ "Fresno, Calif. -- apparel-focused department store Gottschalks plans to open a new, 44,000-square-foot unit in Albany, Ore., this April; Items; Brief Article". DSN Retailing Today. 44 (3): 29(1). February 7, 2005. ISSN 1530-6259.
  10. ^ a b Lathrop, Steve (May 21, 2013). "Hobby Lobby fills Heritage anchor spot". Albany Democrat-Herald. Retrieved 25 May 2013.
  11. ^ "Albany Sears to close in January".
Allikas: https://en.wikipedia.org/wiki/Heritage_Mall
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