Somerset Collection
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The Grand Court at Somerset North |
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Mall facts and statistics | |
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Location | Troy, Michigan, United States |
Opening date | 1969 (South) 1996 (North) |
Developer | Forbes/Cohen architects - JPRA Architects & Peterhansrea Designs |
Management | The Forbes Company |
Owner | The Forbes Company & Frankel Associates |
No. of stores and services | 180 |
No. of anchor tenants | 4 |
Total retail floor area | 1.45 Million ft² South - 500,000 ft² North - 940,000 ft² Macy's - 300,000 ft² Neiman-Marcus - 141,000 ft² Nordstrom - 240,000 ft² Saks Fifth Avenue - 160,000 ft² |
Parking | 7,000 parking spaces available at surface and in covered parking |
No. of floors | 2 (South) 3 (North) |
Website | The Somerset Collection |
Somerset Collection is an upscale shopping mall located in Troy, Michigan, north of Detroit. Developed, managed and co-owned by The Forbes Company, the center is anchored by department stores Nordstrom, Macy's (formerly Marshall Field's), Neiman Marcus, and Saks Fifth Avenue. More than 180 additional specialty shops and resturants are located at Somerset, including Tiffany's, Crate and Barrel, P.F. Chang's China Bistro, J. Alexander's, Brio Tuscan Grille, Bon Vie, McCormick & Schmick's, The Capital Grille, California Pizza Kitchen, and the Peacock Café food court.
[edit] History
In 1967, Saks Fifth Avenue opened a stand-alone store on Big Beaver Road in the Detroit suburb of Troy. In 1969 as the small but luxury-oriented "Somerset Mall" would be built onto the existing Saks, anchored by it and a new Bonwit Teller. Bonwit significantly renovated its store in 1988, only to close in 1990 after the chain went bankrupt. In 1991-1992 the aging center was renamed Somerset Collection, a second level was added, and Neiman Marcus opened a store on the site of the razed Bonwit Teller. Completed in August 1992, Tiffany's joined at this time as well.
Following the success of the rebuild, co-owners Forbes/Cohen Properties and Frankel Associates opened a three-story $200 million expansion across Big Beaver Road in 1996. Anchored by Michigan's first Nordstrom and the first new Hudson's in almost 20 years, the new wing was named Somerset North, while the original mall was re-named Somerset South. Joining the two parts was a 700-foot moving skywalk over Big Beaver Road.
In 1997 Saks Fifth Avenue expanded, while in 2001, the Hudson's chain assumed the Marshall Field's nameplate. Marshall Field's store was officially renamed Macy's on September 9, 2006.
Still privately-held, Somerset Collection, along with South Coast Plaza, NorthPark Center and Bellevue Square, remains one of the few major shopping malls in the United States not owned by a real estate investment trust.
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