Oak Hollow Mall

Oak Hollow Mall
Location High Point, North Carolina
Coordinates 35°59′27″N 80°00′23″W / 35.990707°N 80.006411°W / 35.990707; -80.006411
Address 921 Eastchester Drive
Opening date August 9, 1995
Management CBL & Associates Properties
Owner High Point University and others
No. of stores and services Around 10
No. of anchor tenants 4
Total retail floor area 1,262,440 square feet (117,285 m2)[1]
No. of floors 2
Parking 4,016 spaces

Oak Hollow Mall was a regional shopping mall with over 80 working stores and now has very few. The mall building still exists and few stores are still operating such as Bath and Body Works and Victoria's Secret (as of June 2016). Most of the former mall building is owned by High Point University. Oak Hollow Mall is located in High Point, North Carolina, United States. It is located at the intersection of Eastchester Drive and East Hartley Drive.[2]

History

At nearly 1.3 million square feet, Oak Hollow was the second largest mall in Guilford County and the third largest mall in the Piedmont Triad after Winston-Salem's Hanes Mall.[3] When Oak Hollow Mall opened, it effectively led to the demise of Westchester Mall, which had opened in 1970 on High Point's west side off Westchester Drive just south of Phillips Avenue. After its closure, Westchester Mall was converted into Providence Place which includes First Wesleyan Church and other businesses.

Oak Hollow Mall saw a decline in the 2000s as many of its interior stores began shuttering, as did its anchors. The mall lost much of its traffic to retail centers in Greensboro and Winston-Salem in addition to facing challenges from the economic downturn. The Dillard's anchor closed one of its two levels and turned the remaining open area into an outlet for the chain. Another anchor, J.C. Penney, closed on June 1, 2011, as it was unable to meet the company's new profitability threshold.[4] Steve & Barry's, which was originally Goody's Family Clothing, went out of business and was replaced by a Sears call center.[5]

On February 24, 2011, CBL & Associates announced the sale of Oak Hollow Mall to High Point University for $9 million, although CBL continues to manage the mall. The university stated that the mall was to remain open as a retail complex for the time being.[6]

On December 27, 2011, Sears Holdings Corporation announced that Sears in Oak Hollow Mall would close sometime in 2012. Liquidation sales began in February 2012, with the final closure occurring in the last weekend of April.

Belk left Oak Hollow in 2014 for a newer store at the Palladium shopping complex, located 5 miles (8 km) away.[7]

Major stores

Outparcels

Former stores

See also

References

This article is issued from Wikipedia - version of the 10/6/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.