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Indian River Mall

Field	Value
name	Indian River Mall
image	Entrance, Indian River Mall, Vero Beach, Florida.jpg
location	Vero Beach, Florida, United States
coordinates
address	6200 20th St.
opening_date
developer	Edward J. DeBartolo
owner	Kohan Retail Investment Group
number_of_stores	80+
number_of_anchors	5 (3 open, 2 vacant)
floor_area	737,000 sqft
floors	1

Indian River Mall is an enclosed shopping mall in Vero Beach, Florida. Opened in 1996, it is anchored by Dillard's, AMC Theatres, and JCPenney, with two vacant anchors last occupied by Macy's and Sears.

History

Edward J. DeBartolo Corporation developed Indian River Mall in 1996. Its original anchors were JCPenney, Sears, Dillard's, and Burdines. A food court and 24-screen movie theater were added in 1997.

In 2005, Burdines was renamed by Macy's.

In 2007, a customer found $5,200 inside a pair of shoes he was purchasing.

In 2008, Gap, Disney Store and RJ Gator's closed. The former RJ Gator's will most likely be converted into a new restaurant.

On December 1, 2014, Simon Malls entered into foreclosure on the property for $71 million. The property, including its adjacent plaza was sold at auction for $100 to the highest bidder on May 13, 2015.

In August 2016, Indian River mall sold an adjacent plaza, called the Indian River Commons, which consists of Best Buy, Ross Dress for Less, Target, Office Depot (now Burlington Coat Factory), Bed Bath & Beyond, Lowe's Home Improvement and Michaels Arts & Crafts. . Both Office Depot and Bed Bath & Beyond have since closed their locations.

On August 6, 2019, it was announced that Sears will be closing this location as part of a plan to close 26 stores nationwide. The store closed in October 2019.

On January 8, 2020, it was announced that Macy's would be closing in April 2020 as part of a plan to close 125 stores nationwide.

In 2020, Victoria's Secret closed at the mall as part of a plan to close 250 stores nationwide. TGI Friday’s closed later that year. The TGI Friday's later became Casa Amigos.

On January 6, 2021, Hollister Co. closed.

References

"Indian River Mall sold to New York firm for $12 million - TCPalm". Journal Media Group.
"Indian River Mall leasing information". Simon Property Group.
(27 April 1995). "DeBartolo realty to build Fla. mall". [[The Vindicator]].
Lane, Teresa. (11 November 1996). "INDIAN RIVER TO OPEN DOORS OF 'GRAND JEWEL' MALL". [[The Palm Beach Post]].
McEaneney, Dennis. (22 November 1996). "Outlet Mall Developer Asks for Extension on Plans for Akron, Ohio, Mall.". [[Akron Beacon Journal]].
(20 December 2007). "Customer Finds $5,200 in Reebok Sneaker".
"Nobody submits bid, Indian River Mall sold to bank for $100 - TC Palm". Journal Media Group.
(August 6, 2019). "Sears and Kmart store closings: 26 stores to close in October". USA Today.
"Macy's at Indian River Mall to close; clearance sale to begin this month".
(9 September 2021). "Local restaurants doing OK, and new ones coming".

Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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