Crossroads Center
LocationWaterloo, Iowa, United States
Coordinates42°27′43″N 92°19′19″W / 42.462°N 92.322°W / 42.462; -92.322
Opening dateMarch 1970
DeveloperCrossroads Center Inc.
ManagementMason Asset Management
OwnerNamdar Realty Group
No. of anchor tenants5 (1 open, 4 vacant)
Total retail floor area847,099 sq ft (78,698.1 m2)[1]
No. of floors2
Public transit accessBus transport  5   10  MET Transit
Websiteshopcrossroadscenter.com

Crossroads Center is a shopping mall located in Waterloo, Iowa, United States. It was built in 1970 as one of the first malls in Iowa. The mall's sole anchor store is At Home. It has four vacant anchors formerly occupied by Sears, Dillard's, Gordmans, and Younkers. It is owned by Namdar Realty Group. It is located in the heart of a retail hub that includes a 12 screen theater, Best Buy, Super Target (opened 2000), Walmart, Barnes & Noble, and many other national tenants. The mall is located near the interchange of Interstate 380 and U.S. Highway 20.

History

Crossroads Center Inc. announced plans for the mall in 1967, along with two other malls of the same name: one in St. Cloud, Minnesota and one in Fort Dodge, Iowa.[2]

The Sears anchor store opened first, on March 24, 1969.[3] The mall itself opened one year later, in March 1970, as both the only two-story mall[4] and the first enclosed mall in Iowa.[5] The JCPenney anchor store opened along with the mall,[6] as did Black's department store.[7] Black's became Donaldson's in 1978 and then Carson Pirie Scott in 1987. The store closed on September 30, 1989.

The upper level of the JCPenney anchor store was converted to a Herberger's anchor store in 1989. In 1991, Sears rented a 57,000 sq ft portion of its anchor store to become a Phar-Mor pharmacy. In 1993, 1/2 Price Store (later renamed Gordmans) took over that space.[8] Herberger's was renamed Younkers in 1997.[9] The mall was renovated in 1997 at a cost of $4 million. At the same time, Dillard's constructed a new 155,000 sq ft anchor store connected to the mall, at a cost of $20 million, rather than leasing space. The Dillard's anchor store opened on August 13, 1997.[10] All 1/2 Price Store locations were renamed Gordmans in 2000.[11]

On January 8, 2015, it was announced that JCPenney would close, as part of a plan to close 39 locations nationwide.[12] At Home replaced the store in 2016.[13] On January 4, 2018, it was announced that Sears would close, as part of a plan to close 103 stores nationwide. The store closed in April 2018.[14] On April 18, 2018, Younkers parent company, the Bon-Ton, announced they would be completely liquidating and closing all stores including the one at Crossroads. The store closed on August 29, 2018.[15] On May 11, 2020, Gordmans announced that it would be closing as the parent company is also going out of business.[16] Just eight days later, Dillard's announced that this location would close.[17] This left At Home as the only traditional anchor store. On August 2, 2023, it was announced that At Home would be closing by November 2023, which will leave the mall with no anchors.[18]

References

  1. ↑ Property capsule
  2. ↑ "The Courier". Crossroads start is set for spring. February 28, 1967. p. 8. Retrieved September 7, 2020.
  3. ↑ "Waterloo Sears to close by early April".
  4. ↑ "Crossroads Shopping Center - 1973".
  5. ↑ "The Courier". Crossroads start is set for spring. February 28, 1967. p. 8. Retrieved September 7, 2020.
  6. ↑ "JC Penney Waterloo store to close in April".
  7. ↑ "James Black Co., Waterloo, Iowa".
  8. ↑ "Gordmans store to close in Crossroad's Mall".
  9. ↑ "UPDATE: End of an era: All Younkers stores to close".
  10. ↑ "UPDATE: Dillard's to close Crossroads location".
  11. ↑ "Gordmans store to close in Crossroad's Mall".
  12. ↑ "Archived copy". Archived from the original on 2018-10-17. Retrieved 2020-08-06.{{cite web}}: CS1 maint: archived copy as title (link)
  13. ↑ Kinney, Pat (April 17, 2016). "New At Home store opens at Crossroads". Waterloo Cedar Falls Courier. Archived from the original on 2016-04-20. Retrieved 2020-08-14.
  14. ↑ Burkum, Larry; KCRG-TV9 (January 4, 2018). "Sears closing Waterloo store by early April". kcrg.com. Archived from the original on 2018-01-05. Retrieved 2020-08-14.{{cite web}}: CS1 maint: numeric names: authors list (link)
  15. ↑ Jeff Reinitz and The Gazette (April 19, 2018). "UPDATE: End of an era: All Younkers stores to close". Waterloo Cedar Falls Courier. Archived from the original on 2018-04-19. Retrieved 2020-08-14.
  16. ↑ Brothers, Gordon (2020-07-16). "GOING-OUT-OF-BUSINESS SALES ARE NOW UNDERWAY AT ALL GORDMANS & STAGE STORES". GlobeNewswire News Room. Retrieved 2020-08-14.
  17. ↑ "More retailers plan to close stores in wake of pandemic losses". Radio Iowa. 2020-05-20. Retrieved 2020-08-14.
  18. ↑ "At Home closing in Waterloo". K923. August 2, 2023. Retrieved August 2, 2023.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.