Brass Mill Center Explained

Brass Mill Center
Location:Waterbury, Connecticut, United States
Address:495 Union Street
Opening Date:September 17th 1997
Developer:General Growth Properties[1]
Manager:Tony Guerriero
Owner:Kohan Retail Investment Group
Summit Properties USA
Number Of Stores:130
Number Of Anchors:4
Floor Area:[2] [3]
Floors:2
Parking:5800 spaces
Publictransit: 422, 431

Brass Mill Center is a shopping mall located in Waterbury, Connecticut. The mall and its accompanying complex, the Brass Mill Commons, cost $160 million to build. At 1180000square feet, it is Connecticut's fifth largest mall, containing over 130 shops. It is located off Interstate 84 in Waterbury, Connecticut. The mall features the traditional retailers JCPenney, Burlington, Ashley Outlet and Shoppers World.

History

The Brass Mill Center opened on Wednesday September 17th, 1997. It comprises two floors, as well as a previously closed partial third floor belonging to a 12-screen Regal Cinemas.[4] It has since reopened as Apple Cinemas.

Before construction began, 118,000 tons of contaminated soil and 63 vacant and deteriorated buildings were removed from the site. The construction of Brass Mill Center essentially replaced the older Naugatuck Valley Mall, built in 1969 and located on the city's northeast suburban side. In the process, the Filene's (originally a G. Fox & Co. store) and the Sears stores relocated to Brass Mill Center. Naugautuck Valley Mall was demolished in spring 1999.Lechmere was originally planned as the fourth anchor,[5] but it never opened due to parent company Montgomery Ward closing the chain in 1997, the same year the mall opened.[6]

Numerous former tenants include Shaw’s Supermarket, Steve & Barry's, Hometown Buffet and OfficeMax, which closed in 2007, 2009, 2011, and 2014 respectively.[7] [8]

IHOP opened at the mall in December 2010.[9]

On January 12, 2011, Save-A-Lot would open in the former Shaw's.[10]

During the summer of 2017, Five Below and Ulta Beauty opened in the space formerly occupied by OfficeMax.

The beginning of the 2020s saw several storied traditional department store retailers update their brick-and-mortar formats after being encroached upon to a degree by several digital retailers in recent years.

On June 7, 2018, it was announced Sears would shutter as part of an ongoing decision to eliminate its brick-and-mortar format.[11]

On January 6, 2021, Macy's announced after a strategy had been implemented by them to solely focus on their highest achieving outposts that they had selected against staying on at the shopping center.[12]

On April 19, 2022, Kohan Retail Investment Group acquired Brass Mill Center for $44.9 million.[13]

On September 26, 2022, it was announced that Regal Cinemas would be ending its lease as a result of restructuring its established long-term debt due to the COVID-19 outbreak. Numerous theater chain operators are in the midst of early on discussions.[14]

In December 2023, it was announced that Ashley HomeStore would open an outlet store in a portion of the old Macy's store, which would open later that month.[15]

In February 2024, it was announced that Apple Cinemas would replace the old Regal Cinemas space and operate a new theater in the space with a target opening date of April 2024. Apple Cinemas has one other location in Waterbury located in Wolcott Street, which will not be affected by the new theater's opening.[16]

External links

Notes and References

  1. Web site: KAUFFMAN. MATTHEW. WATERBURY MALL'S DEBUT A CROWD PLEASER. 2021-01-07. courant.com. en-US.
  2. Web site: Leasing Opportunities. 2010-12-10. https://web.archive.org/web/20101225172246/http://www.ggp.com/properties/center-information/brass-mill-center. 2010-12-25. dead.
  3. Web site: Retail Space for Lease in Waterbury, CT Brass Mill Center. www.brookfieldpropertiesretail.com. 2020-05-26.
  4. Web site: Brass Mill Center opens. 1997-09-17. 2023-01-13.
  5. News: In the Region/Connecticut; Historic Brass Mill Giving Way to a Waterbury Mall. Eleanor. Charles. March 19, 1995. NYTimes.com.
  6. Web site: Record-Journal - Google News Archive Search. news.google.com.
  7. Web site: Hometown Buffet restaurant closed at Waterbury site. 2023-01-13. 2011-11-30.
  8. Web site: OfficeMax store is closing. 2014-10-08. 2023-01-13.
  9. Web site: IHOP returns to Waterbury, in Brass Mill Center mall.
  10. Save-A-Lot targeted for Brass Mill space vacated by Shaw's. 2011-01-12. 2023-01-13. }
  11. Web site: Waterbury Sears closing . 2018-06-30 . https://web.archive.org/web/20180701054730/http://www.rep-am.com/news/news-business/2018/06/07/waterbury-sears-closing/ . 2018-07-01 . dead .
  12. Web site: Thomas. Lauren. Rattner. Nate. 2021-01-06. Macy's is closing dozens of stores this year. Here's the full list. 2021-01-07. CNBC. en.
  13. Web site: Puffer . Michael . April 20, 2022 . Waterbury mall and neighboring shopping center sells for $44.9M . April 24, 2022 . Hartford Business Journal.
  14. Web site: Regal Cinemas closes at Brass Mill Center in Waterbury. 2022-09-27. 2023-01-13.
  15. Web site: Ashley furniture outlet to open in Waterbury mall. December 7, 2023. March 11, 2024. CT Insider. en.
  16. Web site: Movie theater returns to Brass Mill Center in Waterbury this spring. March 5, 2024. March 11, 2024. CT Insider. en.