Fayette Mall

Fayette Mall

infobox shopping mall
shopping_mall_name = Fayette Mall


caption =
location = Lexington, KY
opening_date = 1971
developer= Richard E. Jacobs Group Inc.
manager = CBL & Associates Properties
owner = CBL & Associates Properties
number_of_stores = 111 stores
number_of_anchors = 5
floor_area = convert|1074922|sqft|m2|0
(GLA)
floors = 1
parking = 5,704
website = http://www.shopfayette-mall.com

Fayette Mall is a regional shopping mall in Lexington, Kentucky, located at 3401 Nicholasville Road in southern Lexington.

History

It was opened by developer Richard E. Jacobs Group Inc. [Jacobs Group web site, http://www.rejacobsgroup.com/index.aspx?id=33] in 1971, supplanting Turfland Mall as Lexington's largest shopping mall. Its original anchor stores included Sears, Shillito's and Stewart Dry Goods. Fayette Mall was renovated and enlarged in 1993. [CBL & Associates Properties Inc. web site, http://www.cblproperties.com/SITEPL~1.NSF/ByStateforWebNew/F6789BEE9E001DA9852569D200662A16?opendocument ]

The mall was acquired in 2001 by CBL & Associates Properties Inc. of Chattanooga, Tennessee, which classifies Fayette Mall as one of its superior shopping centers, one of a dozen "distinct, high-performing properties" in its portfolio of more than 100 malls and shopping centers. [CBL & Associates Properties Inc. web site, http://www.cblproperties.com/cbl.nsf/PropertySpecial]

Fayette Mall's sales of $492 per square foot is the second-highest among CBL's properties. [CBL Associates Properties Inc. Form 10-K for the year ended December 31, 2006] As of 2007 Fayette Mall featured convert|1074922|sqft|m2|0 of gross leasable area, 111 in-line stores and 5,704 parking spaces on 86.6 acres. There are no vacant parcels at the mall. [Fayette Mall web site, http://www.shopfayette-mall.com/shop/fayette.nsf/facts ]

Anchors

*Dillard's
*Sears
*J.C. Penney
*Macy's
*Dick's Sporting Goods

Major Stores

*Abercrombie & Fitch
*Coach
*Eddie Bauer
*The Gap
*Guess
*Hollister Co.
*Williams-Sonoma
*American Eagle Outfitters
*Sephora
*Aldo

Growth Beyond the Mall

In 2006, CBL opened The Plaza at Fayette Mall, a convert|190000|sqft|m2|-3|sing=on center adjacent to the mall and occupied by restaurants, various retailers, and a Cinemark Theatres 16.

References

External links

Fayette Mall web site: http://www.shopfayette-mall.com

CBL & Associates Properties Inc. web site: http://www.cblproperties.com


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