Concord Mall (Delaware) Explained

Concord Mall
Location:Brandywine Hundred, Delaware, United States
Coordinates:39.8228°N -75.5441°W
Opening Date:1965
Developer:Rubenstein Company
Number Of Stores:90+
Number Of Anchors:4 (3 open, 1 vacant)
Floor Area:803944square feet[1]
Floors:1 (2 in Boscov's, Macy's and former Sears, 3 in Macy's Home)
Publictransit: DART First State bus: 2

Concord Mall, a shopping mall located north of the city of Wilmington in the unincorporated Brandywine Hundred area along U.S. Route 202, is Delaware's second-largest shopping mall. A short distance south of the Pennsylvania border, it attracts shoppers from Pennsylvania and other neighboring states wishing to take advantage of tax-free shopping in Delaware. The mall contains over 90 stores and features a fountain surrounded by a garden. It is owned by Namdar Realty Group. The mall anchors are Macy's, Macy's Home, and Boscov's.

Location

The Concord Mall is located in an unincorporated area of northern New Castle County, Delaware north of the city of Wilmington and a short distance south of the Pennsylvania border. The mall is situated along U.S. Route 202 (Concord Pike), a stretch of highway lined with several businesses between Wilmington and the Pennsylvania border. The Concord Mall is just south of the intersection between US 202 and Delaware Route 92 (Naamans Road). Concord Mall is served by DART First State bus route 2, which provides service to Wilmington via Concord Pike.[2]

Description

Concord Mall has a gross leasable area of 803944square feet and contains over 90 stores. The mall is anchored by a 1750650NaN0 Boscov's, a 150000square feet Macy's, and a 52000square feet Macy's Home. There is a vacant 1741420NaN0 space last occupied by Sears. Smaller stores in the mall include H&M, Bath and Body Works, Foot Locker, and rue21. Dining options at the mall include Bonefish Grill, Grub Burger Bar and Rasa Sayang. Located adjacent to the mall is a strip mall consisting of Ulta Beauty, Sprouts Farmers Market, and Best Buy. The Concord Mall is a popular shopping destination for residents of the northern suburbs of Wilmington while also attracting shoppers from nearby Pennsylvania and New Jersey who wish to take advantage of tax-free shopping.[1]

History

During planning stages the mall was called Devonshire Square Mall.[3] The mall opened in stages over a period of several years. The first stage was an Almart,[4] a now-defunct discounter, which opened in 1965. The mall opened in 1968.[5] In 1971, a Pomeroy's (now-defunct department store chain) was added. The Almart later became a Jefferson Ward (Montgomery Ward-owned discounter) in 1984, and was then a Bradlees for a brief time until it was demolished for a Sears that opened on September 22, 1992. Strawbridge & Clothier was added as an anchor in 1983, relocating from Merchandise Mart. Pomeroy's closed in 1986 and was replaced with Boscov's. Strawbridge & Clothier Home Furnishings opened at the mall in 1994. The same year, Concord Mall underwent a renovation. Allied Properties acquired the Concord Mall in 1998.[5] In 2005, Federated Department Stores purchased May Department Stores, the owners of Strawbridge's, and planned to convert several Strawbridge's locations to Macy's, including the store at Concord Mall. Strawbridge's and Strawbridge's Home Furnishings became Macy's and Macy's Home, respectively, in 2006.[6]

The Concord Mall has seen an increase in the vacancy rate in recent years due to competition. In January 2020, with the mall at risk of foreclosure, Allied Properties sold the Concord Mall to Namdar Realty Group, a real estate firm that specializes in distressed shopping malls.[7] On February 5, 2020, it was announced that Sears would be closing as part of a plan to close 31 stores nationwide. The store closed in April 2020. This was the last Sears location in Delaware.[8]

External links

Notes and References

  1. Web site: CONCORD MALL . 2023-01-10 . namdarrealtygroup.com.
  2. Web site: Routes and Schedules. DART First State. August 16, 2013.
  3. Web site: Clipped From The News Journal. April 2, 1963. 44. newspapers.com.
  4. Web site: CSA Super Markets. April 1969.
  5. News: Holveck. Brandon. Concord Mall sold by Delaware-based Allied Properties. The News Journal. Wilmington, DE. January 17, 2020. January 18, 2020.
  6. News: Tanaka . Wendy. Strawbridge's stores to be sold, converted New owner will change 10 to Macy's. Boscov's wants to buy others. New owners plan to sell, convert Strawbridge's. . July 29, 2005 . March 11, 2012.
  7. Web site: Owens. Jacob. N.Y. firm acquired Concord Mall before foreclosure. Delaware Business Times. January 27, 2020. February 6, 2020.
  8. Web site: Owens. Jacob. Sears to close Concord Mall store; last in Delaware. Delaware Business Times. February 5, 2020. February 6, 2020.