Prescott Gateway

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Prescott Gateway
Address 3250 Gateway Blvd.
Opening date March 8, 2002 (2002-03-08)
Developer Westcor
Owner Westcor
No. of stores and services 80+
No. of anchor tenants 5
Total retail floor area 589,854 square feet[1]
No. of floors 1

Prescott Gateway is an enclosed shopping mall in Prescott, Arizona. Opened on March 8, 2002, it includes JCPenney, Dillard's, Sears, Bed Bath & Beyond and Barnes & Noble as its anchor stores. It is owned by the Westcor division of Macerich.

History

Westcor first announced plans to build a mall east of Prescott on Arizona State Route 69 in 1998. The decision was met with local opposition from members of the community, and petitioned for a referendum after city council approved a change in zoning. Under Westcor's original plans, the proposed mall would have JCPenney, Sears and Dillard's as anchor stores. The former two stores were already anchors at an existing mall, Ponderosa Plaza, but the managers of both stores considered their existing locations too small.[2]

Following the referendum, a lawsuit was filed over the agreement made between the city and mall developers. The lawsuit was later dropped.[3][4]

Construction began on Prescott Gateway in 2001.[5] Besides the three anchor stores, other confirmed tenants at the mall included Barnes & Noble and Linens 'n Things, the latter of which was located in an outdoor village section in front of the mall. Although Westcor officials said that the diversity of the Prescott market made it difficult to choose tenants, they expected the mall to be over 96 percent leased by 2002.[6]

The mall opened to the public on March 8, 2002, with a "Party of the Year" the day before.[7] Among the stores that were new to the Prescott market included Buckle, KB Toys and Casual Corner. [8] It was 80 percent leased at opening, and increased to 86 percent a year later, adding 24 stores.[9]

After Linens 'n Things closed in 2008, it became a Bed Bath & Beyond in late 2009.[10]

References

  1. "Leasing : Long-Term Leasing :". Macerich. Retrieved 2013-10-12. 
  2. "Westcor Announces Major Tenant at Prescott Gateway Mall". Prescottenews.com. Retrieved 2013-10-12. 

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