River Falls Mall Explained

River Falls
Location:Clarksville, Indiana, United States
Coordinates:38.3208°N -85.7619°W
Opening Date:1990
Manager:Columbus Pacific Properties
Owner:Columbus Pacific Properties
Number Of Stores:7
Number Of Anchors:4
Floor Area:828647square feet[1]
Floors:2

River Falls Mall is a shopping center in Clarksville, Indiana, on Lewis and Clark Parkway (formerly State Road 131). From its opening in 1990 until 2006, the center was an enclosed mall, with 762000square feet of gross leasable area. It originally comprised multiple entertainment venues and retail. After losing the majority of its tenants, River Falls Mall was redeveloped in 2006 as a power center, comprising Dick's Sporting Goods, Old Time Pottery, Jo-Ann Fabrics, and Bass Pro Shops.

History

River Falls Mall opened in 1990, across from the existing Green Tree Mall and comprising 762000square feet of retail space.[2] It included Walmart and Bacon's as its anchor stores, as well as several entertainment venues, such as miniature golf and bumper cars.[3] Dawahares (later All About Sports) and Toys "R" Us also operated within the mall.[4] When Bacon's parent company was acquired by Dillard's in 1998, Dillard's operated its men's clothing, children's clothing, and housewares departments in the former Bacon's building, while retaining women's clothing at the Green Tree Mall store.[5] Although the mall struggled with high vacancy for most of its existence, the addition of a Dick's Sporting Goods in 1999 briefly increased occupancy to 92 percent.[6]

Bass Pro Shops entered negotiations with Chicago-based mall owner General Growth Properties in 2002 to open a store at the mall. Negotiations were completed and construction on the Bass Pro Shops store was started in early 2004. Dillard's closed its store around this time, returning all of its departments to the Green Tree Mall location, as had been the case before the River Falls store opened. Soon afterward, the movie theater closed, and Walmart moved out of the mall to a new Supercenter. Dick's Sporting Goods then moved out of the middle of the mall and into the former Walmart. In 2005, Bass Pro Shops opened, displacing most of the mall itself. Toys "R" Us, the former Dillard's, and the former Walmart were all left standing.

Since the opening of Bass Pro Shops, the mall has been "de-malled", and turned into a power center consisting of big-box stores. Subsequent openings include Old Time Pottery and Louisville Athletic Club, both of which displaced portions of the former Walmart wing. A brand new movie theater, Great Escape River Falls 12, opened in November 2006. The rest of the former mall structure between Dick's Sporting Goods and Bass Pro Shops has become Old Time Pottery, Louisville Athletic Club, hhgregg (closed 2017), and Jo-Ann Fabrics. Toys "R" Us was the only holdover still in its original location from when it was an enclosed mall, however after the company's bankruptcy in 2018, Toys "R" Us has since closed.[1]

Notes and References

  1. Web site: Leasing sheet. CB Richard Ellis. 13 October 2014.
  2. News: Green Tree Mall attracts national chains while River Falls lands small retailers . 4 November 2002.
  3. News: Shopping, entertainment will mix at Indiana mall. 23 October 1990. Lexington Herald-Leader. 14 August 2010.
  4. 1991. Leasing alert. Stores: The Bulletin of the N.R.D.G.A.. 73. 1–6.
  5. Web site: Green Tree Mall attracts national chains while River Falls lands small retailers. Richards Hill. Toya. Brent Adams. 4 November 2002. Louisville Business First. 13 October 2014.
  6. Web site: River Falls Mall makes dramatic comeback, mulls growth options. Boyd. Terry. 5 April 1999. Louisville Business First. 13 October 2014.