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PAGE D8•STAR TRIBUNE SUNDAY,MARCH 17.2002
<br /> MALLS from D1
<br /> . ,�:;,„., .,- 3,,-�'4, ..,,,A:',...._:: Number of U.S.
<br /> Several older malls have
<br /> shopping centers
<br /> i-,--,-.--,...k.i.- - = Even though the number of
<br /> • ;�, -, shopping centers in the United
<br /> tried to launch revivals ,_ ,h_- •
<br /> _- - _ -t , "'^ ;„,-Vis,c, ..! ; States has steadily grown since I
<br /> s .t ,,,t the 1970s, at least 300 older
<br /> A reportpublished bythe emerging in the Twin Cities as _;- ,.: ,_ ' -fi` E
<br /> P g g mss `, - - __: - malls have closed nationally in
<br /> International Council of Shop- a development theme. The 1,..;= _, ., , ; 4, _ '" "�
<br /> - r},�c ;; --,_. x ,,e,,- "- the past five to 10 years. The
<br /> — ping Centers,a New York trade goal is to provide an upscale, ' =h m 4 l. °' " r Urban Land Institute predicts
<br /> group says there was more unique shopping experience =_'= the same number to shutter in
<br /> than 5.5 billion square feet of —typically in an open-air en- .- ___ _ _ ., ;-�;, ._ n - �,;,;?;' ;,,.', „n,
<br /> 4 rx,.� = 4 ,� ,' •:_'._, „'��., the next several years.
<br /> leaseable retail space in the vironment. The next phase of — .'�''E ° W� - ”' ','„1"'-::::`,, ,,:',`-'_ '""`''`"'`;
<br /> United States in 2000, corn- the Arbor Lakes retail area in ',- " �rw a IN THOUSANDS
<br /> :'c,'
<br /> p 9 0. Maple Grove is supposed to ber'' III145,000c;a_ared with 1.5 billion in 1 7 �' 'a�� �4 r.. ��;�;, 4,`�'°,` ",�_�„
<br /> While centers like Apache developed as a lifestyle center. - -, ,4 fig' "' -``'='.
<br /> Plaza flounder, several older Older malls—such as Eden .; ,�"_ �;ti',' ' ' �- '= ' = a._ - s. j ���==-�
<br /> malls in the Twin Cities have Prairie Center — have added - ,, 4' 's ''' i 1"
<br /> �-_ k 11000 . ,z 7,, 14';''.7
<br /> embarked on revivals in recent entertainment components in- 3=: - _ ',r,,.�= -�:'`-- �=�° �` -' _ - _-- 30 ,,�,;:,:,�,<.,, ,,� ,�,
<br /> ears. Spots such as Minneha cludingbookstores restau iz -{ rr
<br /> ha Mall in Minneapolis and rants and movie theaters to - • >. - .,,-- - �, F. ., i,‘4,‘/#1,1,'' ��
<br /> SignaSi al Hills Shopping Center in draw consumers. - = =' y - _ `V ei=;, d, e,,,' '" 't;>srbr�
<br /> l PP g ...-2--_-_;?-_-- - -4' -.F..- ._ _ .�� .,�r,,, � Y �,"�,�
<br /> West - _. � .,4'4.P,
<br /> es St.Paul have de malled In Darwinian terms, the ;�'� �����'� _ __ __ lo-. , ,, „ y�,r f , ,�',,
<br /> —becoming strip centers with shopping centers with the best r/.�, `' ' ::,- -F, -- '70 75 '80 '85 '90 '95 '00
<br /> a Target and Kmart,respective- chances of survival are those in �.. - %-` ,
<br /> g P �. ' Source:National Research Bureau
<br /> ly. prime neighborhoods with ,1`,---, ,z-zn _
<br /> Still-enclosed shopping strong visibility and easy ac- TomSweeney/StarTr�une Retail sales in U.S.
<br /> centers such as Har Mar Mall cess,retail observers said. John Henderson runs a floor sweeper in the Apache Plaza shopping center,cleaning up after a weekend [
<br /> in Roseville and Knollwood Consider Signal Hills in antique show. shopping centers
<br /> Mall in St.Louis Park have add- West St. Paul as an example. IN BwONs OF DOLLARS
<br /> ed Cub Foods grocery stores to Along a busy stretch of Robert grade a mall might become people from as far away as Wis- few merchants remaining. _ '
<br /> bolster traffic. Street, the center began its life greater than any benefit that consin,longtime shoppers said The defection of tenants in- 1,200 $1,136 - l
<br /> There is no"magic formula" in the 1950s as a strip mall with can be captured, said Beyard, recently. tensified in the mid-1990s, in- 1) �•�
<br /> '1000 '• r
<br /> to determine if a mall is a better a grocery store. After years of who follows retail and enter- Ing.its heyday,Apache Plaza cluding the departure of main-� 800 ■I■■
<br /> F.
<br /> 1 •
<br /> candidate for a renovation or a being an enclosed mall that did tainment development. was host to a petting zoo for stays W. Woolworth and J.C.
<br /> reuse, said Mary Bujold,presi- not age gracefully, it has re- Typically the oldest and Easter and Halloween pet cos- Penney. First Bank (now U.S. 600 ■■■ ..' u.,°'
<br /> dent of Maxfield Research Inc., vetted to a stripmall. smallest retail centers, and fume contests, not to mention Bank) took possession of the 1'2'
<br /> a Minneapolis firm that ana- Kmart agreed to relocate to those that have lost a greater car and boat shows. The mall shopping center in May 1995 400 L$82 .43,714r1M
<br /> lyzes real estate markets for cli- Signal Hills in 1999. Buy-N- part of their market to newer even brought an elephant in- after the previous owner de- 200 WA -N4 d,
<br /> ents that include the city of St. Save,a grocery concept of Edi- malls are the most likely to die. side the building for kiddie faulted on loan payments. ?.0""' F F�
<br /> Anthony. na-based Nash Finch Co., just "It can be any combination rides during a circus-themed For eight years, redevelop- 70 '75 '80 '85 '90 '95 '00
<br /> Among the factors that opened there,as has a Caribou or just one of those factors," event. ment proposals have come and Source:ICSC calculations based on
<br /> should be considered,she said, Coffee outpost. Beyard said. ,."You name it, we pretty gone. The city last month se- data from Deptof Commerce
<br /> is the mall's location and size, "The evolution is really much had it," said Jim Monk, lected local developer Pratt-
<br /> the neighborhood's travel pat- quite amazing," said Stevethe building's engineer for Ordway Properties to trans-
<br /> terns and other activity in that Dombrovski, president of St. Snnshme shopping' nearly 20 years. form Apache Plaza and the sur- Mar or the Quarry for their pri-
<br /> trade area, including retail Paul-based Suntide Commer- Off Silver Lake Road in the The first signs of trouble rounding 50 acres into a mix of mary shopping needs. • '
<br /> competition and potential us- cial Realty Inc.,which is Signal inner-ring suburb of St.Antho- came with the late 1960s con- housing and a limited amount "It's pretty evident it's not a k
<br /> ers. Hills' leasing agency. The cost ny,the eerily quiet Apache Pla- struction of Rosedale Center in of commercial space. Officials hot retail site," Assistant City
<br /> of the renovation has not been za has the feeling of an aban- nearby Roseville.Apache Plaza hope to reach a preliminary Manager Susan Henry said of
<br /> Changing times disclosed. doned movie set for a teenage eventually lost anchor Mont- development agreement next Apache Plaza, noting that the l
<br /> b' The reason that a revival mall-rat story.In fact,Best Buy gomery Ward to the 'Dale, month,and construction could building itself is not in good
<br /> Thirty years ago, the pre- made sense at Signal Hills was Co.Inc.recently filmed a corn- which sits closer to major begin as soon as 2003.The pro- enough shape to be reused. f
<br /> vailing rationale in retail circles the "critical mass of rooftops" mercial there because the Eden transportation arteries. ject would be funded with pri- But Kelli Cassidy-Friese,the I
<br /> was that people wanted to nearby, Dombrovski said. Be- Prairie-based retailer needed a '"When Wards left, it seems vate and public investment,in- mall's longtime marketing and I
<br /> shop inside an enclosed cen- sides the residential density, generic storefront and the cen- like things started going down, cluding tax-increment financ- events coordinator,insists that
<br /> ter. A grocer and hardware the corridor is a major thor- ter's high ceilings and bright down, down," said Richard ing. Apache Plaza still is viable for f
<br /> store might anchor each side of oughfare into St.Paul. lights fit the bill. Prochniak, 65, as he walked at The Maxfield Research mar- retailing.She said the mall can i
<br /> a mall,with a hallway of small- "If something is good in the When it opened in 1961, Apache Plaza recently with his ket study indicated that the draw up to 15,000 people for a ?
<br /> er shops in-between. first place, it should be good Apache Plaza was the second wife,Diane,64. Apache Plaza area can support weekend antique show, and
<br /> 1 Since then,retailing formats again," he said, describing the enclosed shopping mall in Then a tornado struck the about 75,000 square feet of re- that the reason many tenants ,
<br /> have changed dramatically. It leasing of the shopping strip as Minnesota after Edina's South- plaza in April 1984, causing$5 tail space, compared with the have left is they couldn't secure
<br /> became trendy to build"power a "patient process" in a chal- dale Center. A marketing flier million in damage. The mall mall's 275,000 square feet. It a long-term lease and were un-
<br /> centers" — clusters of larger- lenging economy. from the era bragged that the underwent a renovation, in- suggests the retail use should certain of the center's future. i
<br /> III
<br /> format stores such as discount- In a survival-of-the-retail- St. Anthony shopping mecca cluding a new roof and tiling.It be "primarily service,specialty "It's been a domino effect," !
<br /> ers and home improvement ing-fittest, newer shopping ar- offered"year-around sunshine celebrated its silver anniversa- and convenience retail," such she said.
<br /> chains that open directly to an eas often claim market share shopping in air-conditioned ry in 1986, welcoming Her- as dry cleaners and florist i
<br /> ample supply of parking. from older malls. The signifi- comfort." Its 60 stores — in- berger's as an anchor.That de- shops, as most local residents —Melissa Levy is at
<br /> Also, "lifestyle centers" are cant investment it takes to up- cluding a bowling alley—drew partMertt store is one of the travel to nearby Rosedale, Har mlevy@startribune.com.
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