Northlake Mall (Atlanta)

Northlake Mall is a shopping mall northeast of Atlanta in the Northlake community of northern DeKalb County, Georgia, United States. The mall was once owned and managed by Simon Property Group - but since February 2016 has been owned by Texas-based ATR Corinth Partners.[1] Anchor stores include JCPenney and Macy's (formerly Davison's).

Northlake Mall
LocationNorthlake community, DeKalb County, Georgia, USA
Opening date1971
DeveloperSimon Property Group
ManagementATR Corinth Partners
OwnerATR Corinth Partners
No. of stores and services100+
No. of anchor tenants4 (1 open, 3 vacant by around October 2020)
Total retail floor area962,000 sq ft (89,400 m2)
No. of floors2

History

The mall was once owned and managed by Simon Property Group. In 2014, the ownership of the 43-year-old mall was spun-off into a newly formed real estate investment trust, Washington Prime Group,[2] and in 2015, Washington Prime Group completed acquisition of Glimcher Realty Trust - forming WP Glimcher. In February 2016, the mall was sold to Texas-based ATR Corinth Partners.[1]

Anchors

Current anchor stores include JCPenney and Macy's (formerly Davison's). Former anchors include Kohl's and Sears. Kohl's (formerly Parisian) closed in 2016. On May 31, 2018, Sears announced that it would be closing its location here in September 2018 as part of a plan to close 72 stores nationwide.[3][4] In October 2019 it was announced that Emory Healthcare will occupy the former Sears building.[5] On June 4, 2020, it was announced that JCPenney would be closing as part of a plan to close 154 stores nationwide which will leave Macy's as the only anchor store left.[6]

Revitalization planning

Tucker Northlake CID Master Plan Study (2015)

The Tucker-Northlake Community Improvement District (CID) completed its Master Plan for the Tucker and Northlake area in 2015 - serving as the road map for transportation improvements and land use modifications.

Northlake's regional commercial and industrial centers are to be developed into mixed use, walkable destinations.[7]

References
  1. Trubey, J. Scott (2016-02-05). "DeKalb's Northlake Mall sold to Texas firm". Atlanta Journal-Constitution.
  2. "Simon Property unloading Northlake Mall - Atlanta Business Chronicle". Atlanta Business Chronicle. Retrieved 2015-12-28.
  3. Coyne, Amanda; Becca Godwin (31 May 2018). "Sears closing 3 'non-profitable' metro Atlanta stores". The Atlanta Journal-Constitution.
  4. Smith, Aaron (31 May 2018). "Here are the 63 Sears and Kmart locations closing". CNN Business.
  5. Raisa Habersham, The Atlanta Journal-Constitution. "Emory Healthcare to anchor Northlake Mall redevelopment". ajc. Retrieved 2020-01-14.
  6. https://www.fox10phoenix.com/news/jcpenney-shutting-down-154-stores-after-coronavirus-driven-bankruptcy
  7. "Tucker Northlake CID Master Plan Study, Executive Summary" (PDF).


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