Westgate Mall (Massachusetts) Explained

Westgate Mall
Coordinates:42.0955°N -71.0519°W
Location:Brockton, Massachusetts, United States
Address:200 Westgate Drive
Opening Date:February 24, 1963
Developer:Joseph Campanelli[1]
Manager:New England Development
Owner:New England Development
Number Of Stores:65+[2]
Number Of Anchors:11 (10 open, 1 vacant)
Floor Area:600000square feet
Floors:1 (2 in former Sears)
Website:www.shopatwestgatemall.com

Westgate Mall is a shopping mall in the city of Brockton, Massachusetts. It is the oldest enclosed shopping mall in the state.[3] Westgate Mall features Best Buy Outlet, Burlington, Dick's Sporting Goods, Liam's Home Furniture, Old Navy, and Planet Fitness. Although Westgate Mall's GLA is small by regional standards, it is also surrounded by numerous adjacent big-box stores including: Walmart, Lowe's, Aldi, Market Basket, Marshalls, and Ocean State Job Lot.[4] These standalone retailers complement the main building, driving increased traffic to the location as a shopping destination.

History

Today's 600000square feet mall opened as the 356000square feet Westgate Shopper's Park in February 1963. The original anchor store was local department store Gilchrist's,[1] which was expanded in 1984-85 and substantially renovated between 2000 and 2003. The Gilchrist's store was then replaced by Jordan Marsh in 1977 (became the first Macy's in 1996) while Sears was later added to the mall in 1999. Toys R Us was added next to Macy’s in the 80s but moved to a new location in 1991. The new location is down a street close to the original. The mall's former Bradlees store was then replaced with a new Filene's store in 2002 (became second Macy's in 2006).

Ownership of the mall has changed hands several times over the past decade. The original developer and owner of the mall was Raymond Mucci. The mall was purchased by New England Development for $17 million in 1999, with plans to revitalize the vintage mall. Over several years, the new owners spent significant resources to remodel it, and were very successful in turning the mall around. In 2004, New England Development sold Westgate to Gregory Greenfield & Assoc. (GG&A) for $58.5 million; three years later, GG&A was taken over by Australia-based Babcock & Brown.[5] In 2009, Bank of America foreclosed the mall due to "breach of conditions" on its mortgage with Babcock & Brown, and the property was auctioned.[6] [7] In 2010, New England Development again purchased the property for $31.75 million, and as of 2016 remains Westgate Malls current owner.[8]

On January 4, 2017, it was announced that Macy's would be closing as part of a plan to close 68 stores nationwide. The store closed in March 2017.[9] On June 29, 2018, Toys "R" Us closed after the chain's liquidation.[10] On August 6, 2018, it was announced Fallas would also be closing as part of a plan to close 74 stores nationwide after parent company National Stores filed for Chapter 11 bankruptcy.[11] The former Macy's was partially replaced by Burlington and Planet Fitness in September 2018 and October 2018 respectively with PCX Apparel taking another portion of that space.[12] On January 8, 2019, Ocean State Job Lot announced that it would be opening in the former Toys "R" Us sometime in 2019.[13] On January 5, 2020, Liam's Home Furniture opened in the former Fallas space.[14] On August 8, 2020, Dick's Sporting Goods opened in the remaining portion of the former Macy's space relocating from a freestanding store.[15]

On January 14, 2021, it was announced that Best Buy would be closing as part of a plan to close 5 stores nationwide. The store closed on February 27, 2021.[16] On April 1, 2021, it was announced that Best Buy would reopen as Best Buy Outlet in May 2021.[17]

On February 12, 2021, it was announced that Sears would also be closing as part of a plan to close 32 stores nationwide. The store closed on May 2, 2021.[18]

References

https://law.justia.com/cases/massachusetts/court-of-appeals/volumes/19/19massappct155.html

External links

Notes and References

  1. News: Gilchrist's opens Brockton store . The Boston Globe . October 24, 1963 . September 14, 2020 . 51.
  2. Web site: Westgate Mall . New England Development . 2011-03-10 .
  3. News: Kyle Alspach . Brockton's Westgate Mall could have brighter future under new owner . Taunton Daily Gazette . Nov 17, 2009 .
  4. Web site: Westgate Mall . New England Development . 2009 . 2011-03-10 .
  5. News: Brockton's Westgate Mall Fetches $31.75M . Banker & Tradesman . June 1, 2010 . https://web.archive.org/web/20100604053218/http://www.bankerandtradesman.com/news138582.html . June 4, 2010 . Alt URL
  6. News: Eric Convey . Brockton mall on block after owner goes bankrupt . Boston Business Journal . December 14, 2009 .
  7. News: Dan Guenther . Westgate Mall Loan Foreclosure Reflects Foreign Investor Angst . Boston Real Estate Examiner . October 28, 2009 .
  8. News: Craig M. Douglas . N.E. Development buys Westgate Mall . Boston Business Journal . June 1, 2010 .
  9. Web site: 2017-01-04. Macy's to Close Brockton Location. Brockton, MA Patch. en.
  10. Web site: Rocheleau. Matt. Globe Staff. Here's a list of Toys 'R' Us, Babies 'R' Us stores closing in Mass. - The Boston Globe. BostonGlobe.com. en-US.
  11. Web site: Resources Hilco Merchant. National Stores Begin Store Closing Sales Immediately At 74 Select Fallas Locations As Part Of Recent Chapter 11 Filing. www.prnewswire.com. en.
  12. Web site: Larocque. Marc. In age of Amazon, Brockton shopping center evolves. The Enterprise, Brockton, MA. en.
  13. Web site: Shepard. Cody. Former Brockton Toys R Us to become Ocean State Job Lot. The Enterprise, Brockton, MA. en.
  14. Web site: Photos: Liam's Home Furniture opens at Westgate Mall.
  15. Web site: Dick's Sporting Goods opens new location across the street at Brockton mall.
  16. Web site: Is Best Buy closing at the Westgate Mall in Brockton?.
  17. Web site: Best Buy concept store with 'deeply discounted prices' opening at Brockton's Westgate Mall.
  18. Web site: Sears Continues on a Path of Closing More of Its Stores; Only 29 Currently Remain.