Broward Mall: Difference between revisions

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Revision as of 16:22, 26 January 2022 editQbbrown (talk \| contribs)2 edits As of mid-2021, Westfield relinquished ownership of the Broward Mall and the mall has reverted to its former name.Tag: Visual edit ← Previous edit		Revision as of 05:21, 8 March 2022 edit undo108.71.214.235 (talk) added ref about change of ownershipNext edit →
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	{{Infobox shopping mall		{{Infobox shopping mall
	\| name = Broward Mall		\| name = Broward Mall
	\| image = ~~The~~ ~~Westfield~~ ~~Group.png~~		\| image =
	\| caption ~~=The~~ ~~Westfield~~ ~~Group~~		\| caption =
	\| location = ]		\| location = ]
	\| opening_date = 1978		\| opening_date = {{start date and age\|1978}}
	\| developer = ], ], and ]		\| developer = ], ], and ]
	\| manager = ]		\| manager = Pacific Retail Capital Partners, Inc.
			\| owner = unknown bank
	\| owner = ] <br>] Pension Trusts
	\| architect = ]		\| architect = ]
			\| previous_names = {{plainlist\|
⚫	\| number_of_stores = 87 <small></small>
			* Broward Mall (1978–2007)
			* Westfield Broward (2007-2021)
			}}
		⚫	\| number_of_stores = 87 <small></small>
	\| number_of_anchors = 4 (3 open, 1 vacant)		\| number_of_anchors = 4 (3 open, 1 vacant)
	\| floor_area = {{convert\|1000000\|sqft\|m2}}		\| floor_area = {{convert\|1000000\|sqft\|m2}}
	\| floors = 1 (2 in anchors)		\| floors = 1 (2 in anchors)
	\| parking =		\| parking =
	\| website =		\| website = {{URL\|https://visitbrowardmall.com/}}
	}}		}}

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	In 2017 the size of the Sears store was reduced by half and other shops were opened in the space, including Noire the Nail Bar; the Sears store closed in 2018.<ref>{{cite news \|last1=Huriash \|first1=Lisa J. \|title=Goodbye, Sears. Hello bowling alley at Westfield Broward Mall? \|url=http://www.sun-sentinel.com/business/fl-bz-sears-westfield-broward-mall-20180709-story.html \|work=Sun-Sentinel.com \|date=July 11, 2018}}</ref> The first and the second floor of the former Sears is expected to become ] and Game Time.		In 2017 the size of the Sears store was reduced by half and other shops were opened in the space, including Noire the Nail Bar; the Sears store closed in 2018.<ref>{{cite news \|last1=Huriash \|first1=Lisa J. \|title=Goodbye, Sears. Hello bowling alley at Westfield Broward Mall? \|url=http://www.sun-sentinel.com/business/fl-bz-sears-westfield-broward-mall-20180709-story.html \|work=Sun-Sentinel.com \|date=July 11, 2018}}</ref> The first and the second floor of the former Sears is expected to become ] and Game Time.

			In June 2021, the owner ] announced that it would be turning ownership of the mall over to its lenders after it was revealed the value of the mall had dropped below the outstanding loan on the property and that owner had stopped making payment on its loan.<ref>{{cite news \|url=https://www.local10.com/news/local/2021/06/17/westfield-broward-owner-turning-mall-over-to-lender/ \|title=Westfield Broward owner turning mall over to lender \|work=] \|date=June 17, 2021 \|first=Christina \|last=Vazquez}}</ref> The Westfield name dropped shortly after the ownership of the property was transferred, returning to its original name of '''Broward Mall'''.
	In 2021 Westfield announced that it would be turning ownership of the mall over to its lenders.

	==See also==		==See also==
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	==External links==		==External links==
	*		* {{official website\|https://visitbrowardmall.com/}}

	{{Broward County Malls}}		{{Broward County Malls}}
	{{WestfieldUnitedStates}}		{{WestfieldUnitedStates}}

Revision as of 05:21, 8 March 2022

Shopping mall in Plantation, Florida

Broward Mall

Location	Plantation, Florida
Opening date	1978; 47 years ago (1978)
Previous names	Broward Mall (1978–2007) Westfield Broward (2007-2021)
Developer	Arvida Corp., Homart Development Company, and Federated Department Stores, Inc.
Management	Pacific Retail Capital Partners, Inc.
Owner	unknown bank
Architect	RTKL Associates, Inc.
No. of stores and services	87
No. of anchor tenants	4 (3 open, 1 vacant)
Total retail floor area	1,000,000 square feet (93,000 m)
No. of floors	1 (2 in anchors)
Website	visitbrowardmall.com

Broward Mall (previously known as Westfield Broward and the Broward Mall) is a shopping mall in Plantation, Florida.

History

The mall was opened in 1978, with the name Broward Mall.

It was with a Burdines store as its anchor. Popular department stores and anchors including Dillard's, JCPenney, Macy's and Regal Cinemas.

The mall was previously owned by the Westfield Group, which acquired it in 2007 from SPG-FCM Ventures, a 50/50 joint venture between an entity owned by Simon Property Group and funds managed by Farallon Capital Management; SPG-FCM Ventures had acquired the previous owner, Mills Corporation, earlier that year.

Mills had acquired it from Cadillac Fairview Corporation of Toronto in 2003.

In February 28, 2013 it was announced a 12-screen Regal Cinemas was opened in the mall on December 2013.

In 2015, Sears Holdings spun off 235 of its properties, including the Sears at Westfield Broward, into Seritage Growth Properties.

In 2017 the size of the Sears store was reduced by half and other shops were opened in the space, including Noire the Nail Bar; the Sears store closed in 2018. The first and the second floor of the former Sears is expected to become Powerhouse Gym and Game Time.

In June 2021, the owner Unibail-Rodamco-Westfield announced that it would be turning ownership of the mall over to its lenders after it was revealed the value of the mall had dropped below the outstanding loan on the property and that owner had stopped making payment on its loan. The Westfield name dropped shortly after the ownership of the property was transferred, returning to its original name of Broward Mall.

References

"South Florida shopping malls, then and now". Sun-Sentinel.com. Retrieved 13 October 2018.
"Press release: Westfield buys two U.S. shopping centres". Westfield via Reuters. August 10, 2007.
Brenner, Elsa (December 15, 2002). "Galleria to Be Sold and Spruced". The New York Times.
"Movie theater coming to Westfield Broward mall". sun-sentinel.com. Archived from the original on 29 May 2013. Retrieved 25 April 2018.
"At Westfield Broward Mall | Seritage".
Huriash, Lisa J. (July 11, 2018). "Goodbye, Sears. Hello bowling alley at Westfield Broward Mall?". Sun-Sentinel.com.
Vazquez, Christina (June 17, 2021). "Westfield Broward owner turning mall over to lender". WPLG.

External links

Official website

v t e Shopping malls in Broward County, Florida
Conventional, enclosed	Broward Mall Coral Square The Galleria at Fort Lauderdale Pembroke Lakes Mall Sawgrass Mills
Lifestyle centers, open-air malls	The Colonnade Outlets at Sawgrass Mills Las Olas Shops The Oasis at Sawgrass Mills Pompano Citi Centre The Promenade at Coconut Creek Seminole Hard Rock Hotel and Casino Hollywood
Defunct	The Fashion Mall at Plantation Hollywood Fashion Center Lakes Mall Las Olas Riverfront Plantation Towne Mall Seminole Paradise

Westfield Shopping Centers in the United States

California

Northern California	Galleria at Roseville Oakridge Valley Fair
Southern California	Century City Culver City Fashion Square Plaza Bonita Topanga UTC

Illinois

Old Orchard

Maryland

New Jersey

Garden State Plaza

New York

World Trade Center ‡
- Fulton Center ‡

Washington

Southcenter Mall

‡ Managed with no ownership interest. World Trade Center space is owned by the Port Authority of New York and New Jersey, and the Fulton Center space is owned by the Metropolitan Transportation Authority.

26°7′3″N 80°15′17″W / 26.11750°N 80.25472°W / 26.11750; -80.25472

Categories:

Revision as of 05:21, 8 March 2022

History

See also

References

External links