Arborland Center

Infobox shopping mall
shopping_mall_name = Arborland Center


image_width =
caption =
location = Ann Arbor, Michigan, United States
coordinates =
opening_date = 1961, redeveloped approximately 1999
closing_date =
developer =
manager = AmCap Incorporated
owner =
number_of_stores = 26
number_of_anchors = 6 (original)
6 (current)
floor_area = convert|406736|sqft|m2|abbr=on.
floors = 1

Arborland Center is a shopping mall located in Ann Arbor, Michigan, United States. Opened in 1961 as an enclosed shopping mall, the center was 'De-Malled' around 1998 and redeveloped as a power centre [cite news | title=The Company - Timeline | publisher=Josephfreed.com | url =http://www.jfreed.com/cgi-bin/general_pdf.pl?item=CompanyTimeline | accessdate = 2008-01-18 ] , retaining the name Arborland Center. Current anchor stores include Marshalls, PetSmart, Circuit City, Bed Bath & Beyond, Borders and Toys-R-Us.

History

Arborland was Ann Arbor's first suburban mall, opened in the early 1960s was originally a California-style open mall. After the opening of nearby Briarwood Mall in the 1970s, Arborland was enclosed. [cite news | first=PAULA | last=GARDNER | coauthors= | title=Owners list Arborland mall for sale | date= | publisher=mlive.com | url =http://www.mlive.com/mbusinessreview/stories/index.ssf?/mbusinessreview/se/stories/20050630_owner.html | work =Ann Arbor Business Review | pages = | accessdate = 2008-01-17 | language = ] The original Arborland featured Federal Department Store, and Crowley's, Montgomery Ward among its anchor stores; by the 1990s, Toys "R" Us, Marshalls, Service Merchandise, Burlington Coat Factory, and Linens 'n Things would be added as well.

In the late 1990s Freed and Associates purchased it on the cheap and razed most of the structure, transforming it into a big box cluster. Toys "R" Us and Marshalls also received newly-built stores during the "de-malling" of the center. Freed's purchase price was around $6 million; within a decade, in 2005, Freed was said to be seeking a buyer for over $100 million. [cite news | first=PAULA | last=GARDNER | coauthors= | title=Owners list Arborland mall for sale | date= | publisher=mlive.com | url =http://www.mlive.com/mbusinessreview/stories/index.ssf?/mbusinessreview/se/stories/20050630_owner.html | work =Ann Arbor Business Review | pages = | accessdate = 2008-01-17 | language = ] Freed did shortly find a buyer for the convert|409000|sqft|m2|abbr=on. Centre. The facility was purchased by AmCap, through a joint venture with Los Angeles-based Hart Realty Advisers for a reported $102 million. [cite news | first= | last= | coauthors= | title=News From October 14, 2005 | date=2005-10-14 | publisher=REBusiness | url =http://www.rebusinessonline.com/news_archive/10-14-05.shtml | work =Real Estate Business | pages = | accessdate = 2008-01-17 | language = ]

References

External links

* [http://www.arborlandcenter.com/ Arborland Center]