Pheasant Lane Mall
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The second largest shopping mall in the state of New Hampshire, the 1 million-square-foot Pheasant Lane Mall is the focal point of the commercial area in south Nashua, New Hampshire.
Currently, the mall has more than 140 stores and kiosks, including 5 anchor stores: a 138,000 square foot Target, Sears, JC Penney, a 150,000 square foot Macy's, plus 15 restaurants. It is managed by Melvin Simon and Associates of Indianapolis, Indiana. Former anchors were a Jordan Marsh that became Macy's in spring 1996, which closed in early 2006 and moved into Filene's; and Lechmere, which closed in fall 1997 and was rebuilt into the Target in fall 1999.
Located off Exit 1 of the F.E Everett Turnpike/Route 3 in Nashua and Exit 36 of Route 3 in Tyngsboro, Massachusetts, the mall straddles the state line of Massachusetts and New Hampshire. Approximately 1/3 of the parking lot and water runoff area is located in Tyngsborough. Although the entire building is within New Hampshire borders, the Food Court and several other small stores are addressed in Tyngsborough and apply Massachusetts state sales tax.
Size and proximity to the border have long drawn shoppers from Massachusetts seeking to take advantage of New Hampshire's lack of a sales tax.
[edit] History
Founded in the late 1980s after the land was sold by local restaurateur Dan Chan, whose name now adorns the entrance road to the mall, the mall transformed South Nashua (the southeastern portion of the city, roughly conforming to the city's 8th ward). From a sparsely populated outlier area, it became a miles-long swath of financial, retail and high-density residential development, stretching from over the state border in Tyngsboro to Exit 3 of the F. E. Everett Turnpike, just south of Rivier College.
The ascendance of South Nashua spurred by the Pheasant Lane Mall has reduced Nashua's municipal identity as mere gateway to New Hampshire's North Country, and helped create its current status as part of the greater Boston economic area, and a hub in its own right for surrounding bedroom communities.
[edit] The Holiday Season
During the holiday shopping season (October-December), the mall's foot traffic multiplies by several thousand people per day, giving it a larger "population" than most towns and cities in the state. During this period, the mall charges tenant stores 10 times more per square foot than it does during the rest of the year [citation needed].