| Heritage Mall | |
| Location: | Albany, Oregon, United States |
| Coordinates: | 44.6305°N -123.0804°W |
| Opening Date: | 1988 |
| Developer: | County Fair Mall Associates |
| Manager: | Namdar Realty Group |
| Owner: | Namdar Realty Group |
| Number Of Stores: | 50+ |
| Number Of Anchors: | 5 |
| Floors: | 1 |
Heritage Mall is a shopping center in Albany, Oregon. Anchored by Hobby Lobby, Ross Dress For Less, and Target, the 406500ft2 mall opened in 1988.[1] Located near the junction of Interstate 5 and U.S. Route 20, the mall sits on and is the largest in the Albany-Corvallis-Lebanon metropolitan area.[2]
A groundbreaking ceremony has held in August 1987, with the opening of the $21.5 million center expected in November 1988.[3] The mall started with three anchor stores and plans for 60 to 70 other stores.[3] Troutman's Emporium and J. C. Penney were announced as the first anchors to sign-up for the center in August 1987,[4] with Target later becoming the third anchor. Emporium was to occupy a 44000ft2 space, while the J. C. Penney store was .[4] Robacor Associates and Roebbelen Land Company of California developed Heritage Mall.[5]
The owners of the center filed for bankruptcy in December 1994, still owing $9.16 million to the contractors who built the mall.[6] In August 2005, Heritage Mall was sold to Steadfast Commercial Properties of California for $34 million.[6] Gottschalks opened a store at Heritage in 2005,[7] which closed in 2009.[8] At the time Gottschalks opened, other anchors were Target, Sears, Ross Dress for Less, and Old Navy.[6] The mall was remodeled in 2006.[6] The center was sold by Jones Lang LaSalle in December 2012 to Vintage Real Estate.[2] [1] In May 2013, Hobby Lobby announced plans to open its first store in Oregon in the former Gottschalks space.[1] [8]
In October 2014, Sears announced that it would close its store in the mall in early 2015.Web site: Albany Sears to close in January.