The Falls (mall)

Infobox shopping mall
shopping_mall_name = The Falls

---

caption = The main entrance of The Falls
location = Village of Palmetto Bay, Florida
opening_date = 1980
developer =
manager = Simon Property Group
owner = GM Pension Trust,
Simon Property Group,
& Farallon Cap. Mgt.
number_of_stores = 100+ [http://www.millscorp.com/static/doc_THEFALLS_LDETAIL.jsp]
number_of_anchors = 2
floor_area = 821,000 ft²
floors = 1
parking =
website = [http://www.simon.com/mall/default.aspx?ID=1232]

The Falls is an open-air shopping mall located in the Village of Palmetto Bay, Florida, southwest of the city of Miami, Florida. The mall has over 100 upscale stores; its anchor stores are Macy's, Bloomingdale's, and United Artists Theaters, and is currently managed and partially owned by the Simon Property Group.

History

The Falls opened in 1980 as an upscale, open-air plaza. In 1984 the first anchor store, Bloomingdale's, was added, bringing the center to 450,000 ft². Bloomingdale's closed temporarily in September 1992 after the store was severely damaged by Hurricane Andrew, but it later re-opened in late 1993. Macy's opened a store in 1996 during an expansion that doubled the size of the shopping center.

The center was sold in December 1997 to Taubman Centers, which transferred ownership in 1998 to the GM Pension Trust. Taubman continued to manage the center until 2004, when the GM Pension Trust sold a half-interest in The Falls to The Mills Corporation, which also assumed management. In 2007 Simon Property Group and Farallon Capital Management acquired The Mills and subsequently assumed management of The Falls.

Anchors & Major Tenants

*Bloomingdale's (225,000 ft²)
*Macy's (230,000 ft²)
*United Artists Theaters (39,785 ft²)

External links

* [http://www.shopthefalls.com The Falls Official Website]