Greenwood Park Mall

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Greenwood Park Mall
Location Greenwood, Indiana, United States
Opening date 1966
Developer Simon Property Group
Management Simon Property Group
Owner Simon Property Group
No. of stores and services 140+
No. of anchor tenants 5
Total retail floor area 1,164,000 sq ft (108,100 m2).
No. of floors 1 (anchor stores also have either an upper or lower level)
Website Greenwood Park Mall

Greenwood Park Mall is a shopping mall located in Greenwood, Indiana. The mall is the hub of the retail and commercial corridor along U.S. Highway 31 on the south side of the Indianapolis Metropolitan Area. It is commonly associated with other central Indiana shopping malls also owned and operated by Simon Property Group such as Circle Centre Mall, Washington Square Mall, The Fashion Mall at Keystone, and Castleton Square.

Greenwood Park Mall has more than 140 stores. The mall's five anchors are Dick's Sporting Goods, JCPenney, Macy's, Sears, and Von Maur. With 1,164,000 square feet (108,100 m2) of total retail area, Greenwood Park Mall is the fourth largest shopping mall in Indiana, after Castleton Square in Indianapolis; Southlake Mall in Hobart/Merrillville; and Glenbrook Square in Fort Wayne. The mall is managed by Steve Kempe as of February 11, 2013.

Built on an 87-acre (350,000 m2) site by Atkinson & Company at a cost of $25 million, the Greenwood Shopping Center opened in 1966. In 1977, Melvin Simon & Associates purchased the mall for an undisclosed amount of money, and in 1980, it was reopened as the Greenwood Park Mall following a renovation and expansion. By 1990, an average of 10 million shoppers a year (about 28,000 a day) were patronizing the Greenwood Park Mall. The interior walking space area, not including the leased retail spaces, encompasses a total of 1,000,000 square feet (93,000 m2) of area. It is currently the only mall in metropolitan Indianapolis to retain its Old Navy store, as the Lafayette Square, Washington Square, Circle Centre, Castleton Square, Speedway Supercenter and Glendale Mall locations have closed. Dick's Sporting Goods opened in 2005, taking a former Service Merchandise site.[1]

In 2003, Greenwood Park Mall underwent its first major renovation since becoming an enclosed shopping mall in 1980. This renovation eliminated many of the components of the park theme for which the mall was named. Live plants and trees, park-style benches, and outdoor-style lampposts around the interior of the mall were eliminated in favor of a more modern and upscale design. The plaza-style design of the food court was also eliminated in favor of a more open layout. In addition to interior changes, exterior entrances to the mall were also revamped at this time. By Spring 2004, work on the mall had been completed. Despite minor changes to the interior of the mall, Greenwood Park Mall currently maintains the appearance it received in the 2003 renovation.

In 2007, the building formerly occupied by L.S. Ayres was demolished, and a lifestyle center was constructed on the site. This expansion increased gross leasable area by 115,000 square feet (10,700 m2).[2] The lifestyle center officially opened on November 8, 2007. The largest tenant in this expansion is Barnes & Noble. In 2012, following the departure of Lane Bryant, FYE moved into the former Hallmark store, shrinking its overall space. The consolidated FYE/Lane Bryant space in the Sears wing was converted into a Forever 21, a first for the mall.

The mall's outlot area offers several additional shopping, entertainment, and dining options, such as Regal Theaters, Kohl's, Logan's Roadhouse, On the Border Mexican Grill & Cantina, Best Buy, and several fast food and fast casual restaurants.

References

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  2. http://www.insideindianabusiness.com/newsitem.asp?ID=24874

External links

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