South Plains Mall Explained

South Plains Mall
Location:Lubbock, Texas, U.S.
Developer:South Plains Mall Associates Ltd.
Manager:Macerich
Owner:Macerich
Number Of Stores:145
Number Of Anchors:7 (5 open, 2 vacant)
Floor Area:1200000square feet
Floors:1 (2 in Barnes & Noble, both Dillard's locations, JCPenney, Premiere Cinemas, and former Sears)

History

South Plains Mall is a 1200000square feet shopping mall located in Lubbock, Texas. It is located at the northwest corner of Loop 289 and Slide Road. The mall was opened on July 26, 1972 with an initial square footage of 846000ft2 at a cost of $25 million.[1] South Plains Mall is anchored by two (later back to one) Dillard's locations, JCPenney, Barnes & Noble bookstore, and a 16-screen (with an IMAX) Premiere Cinemas. There are two vacant anchors last occupied by Bealls and Sears. The mall contains over 145 shops, restaurants, and kiosks. The mall serves the entire South Plains region.

Macerich purchased the mall in 1998 for $115.7 million from the original developer, South Plains Mall Associates Ltd.[2] It has been expanded to 1107000ft2 since opening.[2] It is the only regional mall within 120miles and it serves an estimated market of 500,000 people (including West Texas and Eastern New Mexico).

In 2015, Sears Holdings spun off 235 of its properties, including the Sears at South Plains Mall, into Seritage Growth Properties.[3] Sears closed on January 9, 2019.[4]

On December 5, 2019, it was revealed by Lubbock in the Loop that New York and Company would close.

In August 2020, Bealls closed, due to the COVID-19 pandemic.

On July 26, 2022, SPM had celebrated 50 years with Chick Fil-A making sandwiches as cheap as $0.50.

In mid-November of the same year, SPM was revealed to have a Dillard's move into the west side, although not immediately since the former Sears was to be demolished after Christmas. However, said demolition did not happen until late-January 2023.

Over one year later, Dillard's became closer to being finished by construction workers. Said department store was even announced to have a brand new opening sometime in Fall 2024 (or earlier).

External links

33.5394°N -101.9258°W

Notes and References

  1. http://lubbockcentennial.com/Section/1959_1983/mall.shtml Lubbock Centennial news archive
  2. http://prnewswire.us/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/07-21-1998/0000715217&EDATE= Macerich Acquires South Plains Mall in Lubbock, Texas
  3. Web site: Sears at South Plains Mall Seritage . www.seritage.com . dead . https://web.archive.org/web/20151214215556/http://seritage.com/retail/property/6002-slide-rd/3312689/landing . 2015-12-14.
  4. Web site: Sears store closing list: 142 more Sears, Kmart locations closing in Chapter 11 bankruptcy . .