Fayette Mall
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Fayette Mall | |
Facts and statistics | |
---|---|
Location | Lexington, KY |
Opening date | 1971 |
Developer | Richard E. Jacobs Group Inc. |
Management | CBL & Associates Properties |
Owner | CBL & Associates Properties |
No. of stores and services | 111 stores |
No. of anchor tenants | 5 |
Total retail floor area | 1,074,922 square feet (99,864 m²) (GLA) |
Parking | 5,704 |
No. of floors | 1 |
Website | http://www.shopfayette-mall.com |
Fayette Mall is a successful regional shopping mall in Lexington, Kentucky, located at 3401 Nicholasville Road in southern Lexington.
Contents |
[edit] History
It was opened by developer Richard E. Jacobs Group Inc.[1] in 1971, supplanting Turfland Mall as Lexington's largest shopping mall. Its original anchor stores included Sears, Shillito's and Stewart Dry Goods. Fayette Mall was renovated and enlarged in 1993. [2]
The mall was acquired in 2001 by CBL & Associates Properties Inc. of Chattanooga, Tennessee, which classifies Fayette Mall as one of its superior shopping centers, one of a dozen "distinct, high-performing properties" in its portfolio of more than 100 malls and shopping centers.[3]
Fayette Mall's sales of $492 per square foot is the second-highest among CBL's properties.[4] As of 2007 Fayette Mall featured 1,074,922 square feet (99,864 m²) of gross leasable area, 111 in-line stores and 5,704 parking spaces on 86.6 acres. There are no vacant parcels at the mall.[5]
[edit] Anchors
[edit] Upscale Stores
- Abercrombie & Fitch
- Coach
- Eddie Bauer
- The Gap
- Guess
- Hollister Co.
- Williams-Sonoma
- American Eagle Outfitters
[edit] Growth Beyond the Mall
In 2006, CBL opened The Plaza at Fayette Mall, a 190,000-square-foot (18,000 m²) center adjacent to the mall and occupied by restaurants, various retailers, and a Cinemark Theatres 16.
[edit] References
- ^ Jacobs Group web site, http://www.rejacobsgroup.com/index.aspx?id=33
- ^ CBL & Associates Properties Inc. web site, http://www.cblproperties.com/SITEPL~1.NSF/ByStateforWebNew/F6789BEE9E001DA9852569D200662A16?opendocument
- ^ CBL & Associates Properties Inc. web site, http://www.cblproperties.com/cbl.nsf/PropertySpecial
- ^ CBL Associates Properties Inc. Form 10-K for the year ended December 31, 2006
- ^ Fayette Mall web site, http://www.shopfayette-mall.com/shop/fayette.nsf/facts
[edit] External links
Fayette Mall web site: http://www.shopfayette-mall.com
CBL & Associates Properties Inc. web site: http://www.cblproperties.com