Lincoln Mall
Location | Matteson, Illinois, USA |
---|---|
Opening date | 1973 [1] |
Developer | Randhurst Corp. |
Management | Freehold Management |
Owner | Freehold Management |
No. of stores and services | 10+ |
No. of anchor tenants | 2 (Including The Promenade) |
Total retail floor area | ~225,000 ft² [2] |
No. of floors | 2 |
Website | http://www.lincoln-mall.com/ |
Lincoln Mall is a shopping center located at the corner of US 30 and Cicero Ave. in Matteson, Illinois, United States.
History
Lincoln Mall opened in 1973 [1] with anchors Carson Pirie Scott, Montgomery Ward, Wieboldt's, and JCPenney. The center was developed by Randhurst Corp, the same developer consisting of Wieboldt's and Carson's executives who developed Randhurst Mall and Lakehurst Mall. Wieboldt's closed in the 1980s. The mall underwent a renovation in 1993. In 1995, Sears opened in the abandoned Wieboldt's location. Montgomery Ward closed their store in 1999 and went bankrupt soon after. In 2000, JCPenney closed their location in Lincoln Mall. Due to the loss of two anchors mall traffic declined and many stores began to vacate Lincoln Mall.
On Friday, May 11th, 2012 Sears began a store-closing sale. On June 1st, 2012 Lincoln Mall is scheduled for a court ordered sale by auction.[3]
Lincoln Mall was in the process of undergoing a $115-million redevelopment in hopes of attracting more retailers to Lincoln Mall. The plan included a multi-screen movie theater and a four-lane road to connect Cicero Avenue and Lincoln Highway. To make room for the new plans some parts of the mall were demolished, including the former JCPenney and Montgomery Ward stores. In 2007 two new stores opened at the site. Target, with a 126,000-square-foot (11,700 m2) store, opened in July and JCPenney returned to Lincoln Mall with a 104,000-square-foot (9,700 m2) store in October.[4]
In August 2013, representatives of Matteson attempted to sue the mall owners and order that it be closed, due to hazardous conditions.[5]
References
- ↑ 1.0 1.1 "History of Matteson, Illinois". Retrieved 2008-01-29.
- ↑ "lincolnweb.swf". Retrieved 2008-01-29.
- ↑ "Sears to leave Lincoln Mall". 2012-05-15. Retrieved 2012-05-26.
- ↑ "JLL Secures JCPenney as Anchor for The Promenade at Lincoln Mall - United States". 2007-06-21. Retrieved 2008-01-29.
- ↑ http://www.chicagotribune.com/business/breaking/chi-lincoln-mall-developer-lawsuit-20130807,0,6240905.story