Cottonwood Mall (Utah)

Cottonwood Mall

Structure under demolition in 2008
Location Holladay, Utah, USA
Coordinates 40.663 N 111.837 W
Address 4835 Highland Drive
Opening date 1962
Closing date 2008
Owner The Howard Hughes Corporation
No. of anchor tenants 1

Cottonwood Mall was an enclosed shopping mall in Holladay, Utah, a suburb of Salt Lake City, Utah. It was the first indoor shopping mall in the state,[1] and only the second in America.

History

The mall opened in 1962 with ZCMI, which became Meier & Frank in 2001[2] and Macy's in 2006. At the other end of the mall was a J.C. Penney. Other early tenants included an Albertsons supermarket[3] and Woolworth.[4]

Starting in the early 2000s, Cottonwood Mall suffered high vacancy rates. By 2004, the mall was approximately 25 percent vacant.[5]

Future

General Growth Properties first announced plans to redevelop the mall in July 2007.[6] A month later, the Holladay city council deemed the shopping mall blighted.[7] General Growth tore down the mall in mid-2008 as the beginning of redevelopment.[8] Original redevelopment plans called for a lifestyle center to be built around the existing Macy's store.[9]

A TGI Friday's restaurant in the parking lot closed in March 2009.[10] Redevelopment of the mall halted in 2009 when General Growth Properties filed for bankruptcy.[11]

GGP was reformed after the bankruptcy and split into two entities. The Howard Hughes Corporation, one of the entities, took over the redevelopment of the mall.[12]

References

  1. ↑ Rosemary Winters (23 May 2008). "Change is coming to Cottonwood Mall". The Salt Lake Tribune. Retrieved 29 October 2010.
  2. ↑ Janice Leavitt Voorhies (1 October 2001). "Meier & Frank Take Over, Make Over ZCMI". Utah Business. Retrieved 29 October 2010.
  3. ↑ "Seventh season for mall". The Deseret News. 11 September 1968. Retrieved 4 February 2012.
  4. ↑ "COTTONWOOD MALL MAY HOUSE LAST UTAH WOOLWORTH". Salt Lake Tribune. 15 October 1993. Retrieved 4 February 2012.
  5. ↑ Lesley Mitchell (8 July 2004). "No sale, mall owners insist". The Salt Lake Tribune. Retrieved 29 October 2010.
  6. ↑ Catherine Smith (5 July 2007). "Plans announced for Cottonwood Mall project". Deseret News. Retrieved 29 October 2010.
  7. ↑ Cathy McKitrick (3 August 2007). "Cottonwood Mall overhaul takes big step forward". The Salt Lake Tribune. Retrieved 29 October 2010.
  8. ↑ "Cottonwood Mall causes problems for nearby businesses". ABC 4 News. 23 March 2009. Retrieved 29 October 2010.
  9. ↑ "Cottonwood Mall developer nearly bankrupt?". The Salt Lake Tribune. 12 December 2008. Retrieved 29 October 2010.
  10. ↑ "TGI Friday's closes after Cottonwood Mall demolished". ABC 4 News. 28 March 2009. Retrieved 29 October 2010.
  11. ↑ "Bankruptcy stalls building of Cottonwood mall". ABC 4 News. 16 April 2009. Retrieved 29 October 2010.
  12. ↑ April 2011 Mall Update

Coordinates: 40°39′47″N 111°50′13″W / 40.663°N 111.837°W