Rushmore Mall
LocationRapid City, South Dakota
Opening date1978
DeveloperGeneral Growth Properties[1]
OwnerRockstep Capital
No. of stores and services112
No. of anchor tenants5 (4 open, 1 vacant)
Total retail floor area831,040 square feet (77,206 m2)[2]
No. of floors1
Public transit accessBus interchange Rapid City Rapid Ride
The center of Rushmore Mall near the main entrance

Uptown Rapid, formerly Rushmore Mall, is a shopping mall located in Rapid City, South Dakota. It opened in 1978 and fulfills the needs of residents in a sprawling western South Dakota/northwestern Nebraska/northeastern Wyoming market area. The mall is currently owned by Rockstep Capital. The anchor stores are JCPenney, Planet Fitness, Traders Market, and At Home.

History

Original anchors were JCPenney and Sears, each of which relocated from downtown Rapid City, and Herberger's, which originally was located on the south side of the mall. Target was added as a fourth anchor on the north side of the mall in 1980, while Herberger's erected a new location west of Target in 1995 and Scheels All Sports replaced the original Herberger's location. At Home is located where Target had existed before relocating to Rushmore Crossing strip mall. JCPenney temporarily moved into the vacated Target space in 2014 through 2016 while its existing store was renovated.[3]

In 1999, Borders opened southwest of the mall.[4] It closed in 2011 and later became Books-A-Million.

In 2012, the mall was taken to a servicer, due in part to JCPenney threatening mall owners to leave unless they were allowed to relocate to a larger store.[5]

On January 4, 2018, Sears announced that they would be closing as part of a plan to close 103 stores nationwide. The store closed in April 2018.[6]

On April 18, 2018, Herberger's announced that they would also be closing in August 2018 as parent company The Bon-Ton was going out of business which left At Home and JCPenney as the only remaining retail anchors.[7]

The mall was sold to Spinoso in 2018.[8] The former Sears became Traders Market in 2019.[9] In 2021, Rockstep Capital bought the mall and renamed it to Uptown Rapid.[10]

Former anchor Herberger's and its going out of business sale a few months later.

References

  1. ↑ https://www.annualreports.com/HostedData/AnnualReportArchive/g/NYSE_GGP_2003.pdf
  2. ↑ "Washington Prime Hints on Giving Back Rushmore Mall, 2 Others". Archived from the original on 2019-09-21. Retrieved 2019-09-21.
  3. ↑ "J.C. Penney to move into former Target space in Rushmore Mall". Rapid City Journal Media Group. 19 December 2014. Retrieved 2021-01-07.
  4. ↑ "Borders to open Sept. 25". Rapid City Journal.
  5. ↑ "Simon's Rushmore Mall loan sent to servicer, Fitch says". Indianapolis Business Journal. 12 December 2012. Retrieved 2021-01-07.
  6. ↑ "Rapid City Sears store to close". Rapid City Journal Media Group. Archived from the original on January 7, 2018. Retrieved 2021-01-07.
  7. ↑ "Herberger's in Rushmore Mall to close". Rapid City Journal Media Group. Retrieved 2021-01-07.
  8. ↑ "Rushmore Mall has new manager". Rapid City Journal Media Group. Archived from the original on September 21, 2019. Retrieved 2021-01-07.
  9. ↑ "Traders Market to replace Sears at Rushmore Mall". Rapid City Journal Media Group. Archived from the original on September 21, 2019. Retrieved 2021-01-07.
  10. ↑ "Rushmore Mall has new owner, will be renamed 'Uptown Rapid'". 21 October 2021.
Wikimedia Commons has media related to Rushmore Mall.

44°6′25.32″N 103°12′44.45″W / 44.1070333°N 103.2123472°W / 44.1070333; -103.2123472

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.