- Chapel Hills Mall
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Not to be confused with Chapel Hill Mall.
Chapel Hills Mall 
Location Colorado Springs, Colorado, United States Opening date 1982 Developer General Growth Properties Management Coyote Management LP[1] No. of stores and services 154 (as of 2008) No. of anchor tenants 6 Total retail floor area 1,210,000 sq ft (112,000 m2)[2] Parking 5,800 spaces No. of floors 2 Website http://www.chapelhillsmall.com Chapel Hills Mall is a shopping mall located in Colorado Springs, Colorado. It is a "super-regional mall" with 1,159,187 square feet (107,692 m2) of Gross leasable area.[3] It is anchored by Dillard's, JCPenney, Macy's, and Sears. The mall opened in 1982, with renovations in 1985 and 1998. The 1998 renovation included an ice arena, climbing wall, and Borders Books & Music, as well as the addition of JCPenney in an anchor originally occupied by Service Merchandise. The climbing wall was closed down in 2005. Late in 2006, the ice arena was closed to make room for Dick's Sporting Goods. In September 2006, Macy's replaced the Foley's location like every other department store chain owned by May Department Stores. Woodley's Fine Furniture was located in a 22,313 sq ft (2,073 m2). store until it moved to a larger 40,000 sq ft (4,000 m2). store formerly occupied by Westwood Furniture in Erindale. Dick's Sporting Goods opened a 50,000 sq ft (5,000 m2). store in 2007, and that same year, Burlington Coat Factory took over the former Mervyn's location that closed in early 2006. In June 2011, the mall transferred ownership for the first time in its history. General Growth Properties, which emerged from Chapter 11 bankruptcy in April 2009 announced to its stockholders that the Chapel Hills Mall, one of its "underperforming malls," would be turned over to its lender if not sold by summer. A partnership between Coyote Management LP of Dallas and Garrison Investment Group of New York purchased the mall for $71.5 million, $40.7 less than General Growth Properties owed on the mall.[4][5]
References
- ^ "Coyote and Garrison acquire Chapel Hills Mall". Chain Store Age. 2 June 2001. http://www.chainstoreage.com/article/coyote-and-garrison-acquire-chapel-hills-mall. Retrieved 25 June 2011.
- ^ GGP: Mall Directory
- ^ [1] Form 10-K, 1998, General Growth Properties. retrieved Aug. 4, 2007
- ^ "Can new owners invigorate Chapel Hills Mall?". The Gazette. 2 June 2011. http://www.gazette.com/articles/hills-119140-mall-chapel.html. Retrieved 3 July 2011.
- ^ "Work to revitalize Chapel Hills Mall begins". The Gazette. 1 July 2011. http://www.gazette.com/articles/mall-120808-chapel-hills.html. Retrieved 3 July 2011.
External links
Coordinates: 38°56′42″N 104°47′42″W / 38.945°N 104.795°W
Categories:- Shopping malls in Colorado
- Buildings and structures in Colorado Springs, Colorado
- Economy of Colorado Springs, Colorado
- Visitor attractions in Colorado Springs, Colorado
- United States shopping mall stubs
- Colorado building and structure stubs
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