Burlington Square Mall

Infobox shopping mall
shopping_mall_name = Burlington Square Mall


image_width =
caption =
location = Burlington, Alamance County, North Carolina, United States
opening_date = 1969
closing_date =
developer =
manager =
owner = Jones Lang LaSalle
number_of_stores = 54
number_of_anchors = 4 (2 open, 2 vacant)
floor_area =
floors = 1
parking =
website = http://www.shopburlingtonsquare.com

Burlington Square Mall (formerly known as "Holly Hill Mall" and "Colonial Mall Burlington") is an enclosed shopping mall located in Burlington, North Carolina, United States. The mall's anchor stores include Sears and Goody's, along with over fifty stores and restaurants.

Currently the mall is facing competition from Alamance Crossing, a new lifestyle center complex that opened nearby in August 2007; department store chains Belk and JCPenney have both shuttered their stores at Burlington Square in favor of new stores at the new development.cite web |url=http://www.tmcnet.com/usubmit/2007/08/02/2833859.htm |title=Shoppers flood Alamance Crossing |accessdate=2007-10-04 |date=2007-08-02 |work=Burlington Times-News]

History

Burlington Square originally opened as Holly Hill Mall in 1969, in reference to the nearby neighborhood where it was located. At the time, the mall's anchor stores included JCPenney, Belk, Sears, and Woolworth, which eventually became Goody's. Its name was changed to Colonial Mall Burlington in 1999 after being bought out by Colonial Properties Trust.

A major renovation of the mall's interior and exterior took place in 2004, adding skylights, new floor tiles, and new stores such as Hibbett Sports. [cite web |url=http://org.elon.edu/pendulum/Issues/2003/111303/News/Mall.html |title=Interior renovations complete at Burlington mall |accessdate=2007-10-04 |last=Abbott |first=Rachel |date=2003-11-13 |work=Elon University Pendulum] Colonial sold the mall in 2005 to Prime Retail, at which point the mall's name was changed to Burlington Square Mall.

Future

Burlington Square faces the prospect of increased competition after the opening of Alamance Crossing, an 840,000 square foot lifestyle center that opened on August 1, 2007, near Burlington Square. Belk announced plans in summer 2006 to leave Burlington Square to the new project upon completion. [cite web |url=http://www.bizjournals.com/triad/stories/2006/06/05/daily39.html?jst=s_cn_hl |title=Burlington Belk to relocate |accessdate=2007-10-04 |date=2006-06-09 |work=Business Journal of the Greater Triad Area] As of August 2007, both Belk and JCPenney have vacated their stores at Burlington Square and opened newer stores at Alamance Crossing, while several other tenants, such as Victoria's Secret, Kay Jewelers, and Hallmark, can also be found at both malls. CBL & Associates Properties (the developer of Alamance Crossing) feels that the Burlington market is capable of supporting both malls. [cite web |url=http://www.bizjournals.com/triad/stories/2007/07/30/story8.html?ana=from_rss |title= Alamance Crossing to open with 90 percent of space full |accessdate=2007-10-04 |last=Davis |first=Meghan |date=2007-07-30 |work=Business Journal of the Greater Triad area] cite web |url=http://www.news-record.com/apps/pbcs.dll/article?AID=/20070218/NEWSREC0103/302180007/-1/NEWSRECRSSGNRL |title=Savvy Shopper: Mall searches for identity as anchors leave |accessdate=2007-10-04 |last=Jarboe |first=Michelle |date=2007-02-18 |work=Greensboro Record-News] Julie Swanner, manager of Burlington Square Mall, has stated that new tenants are planned for the former JCPenney and Belk spaces.

On July 8, 2008, it was announced that the mall is in foreclosure proceedings. [http://www.thetimesnews.com/news/burlington_15376___article.html/faces_foreclosure.html Breaking News: Burlington Square Mall faces foreclosure | burlington, faces, foreclosure : Burlington Times News ] ]

References

External links

* [http://www.shopburlingtonsquare.com Mall website]
* [http://www.deadmalls.com/malls/burlington_square_mall.html Article in DeadMalls.com]