Prestonwood Town Center

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Prestonwood Town Center is a 62-acre retail shopping center located at the northeast corner of Beltline Road and Montfort Drive in Dallas, Texas. The center opened in 2007. Major tenants include Barnes & Noble, Circuit City, Office Depot, and Wal-Mart.

[edit] History

The current center occupies the site of a shopping mall that was also officially named Prestonwood Town Center, but which was informally known in the area as Prestonwood Mall. The two level mall opened in 1979 featuring anchor stores Neiman Marcus, Lord & Taylor, JCPenney, Joske's (later Dillard's), and Montgomery Ward. (Wards departed in 1985 and was replaced by Mervyns.) The mall featured a central ice skating rink that was used after hours by area hockey leagues.

In 1982, Galleria Dallas opened nearby with anchor stores Macy's, Marshall Field's, and Saks Fifth Avenue. The next year, Bloomingdale's opened at nearby Valley View Center. The competition and the reputation of being a notorious teen hangout hurt Prestonwood, but it remained near full occupancy into the 1990s.

Renovations planned in 1996 never materialized. Then the anchors began exiting the center. In September 1997, citing slow sales, JCPenney closed its store, followed shortly by Mervyns. By 1999, Neiman Marcus and Lord & Taylor were the only two tenants remaining in the center, and they had already announced plans to relocate to The Shops at Willow Bend, a new mall under construction in nearby Plano.

Archon Group bought the mall in 2000 to turn the mall into a telecommunication center called "Genisus Dallas North." That failed too, and by October 2003, Archon dropped its plans for Genisus and announced that they would demolish the mall structure and replace it with an open-air retail shopping center.^[1] By summer 2004, the mall had been completely demolished.

[edit] References

[edit] External links

• Archon Group: Prestonwood Town Center
• Prestonwood Town Center Site Plan
• Dead Malls: Prestonwood Town Center
• Prestonwood Mall Clock

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