Fayette Mall
Encyclopedia
Fayette Mall is a regional shopping mall
in Lexington, Kentucky
, located at 3401 Nicholasville Road in southern Lexington. It is the largest mall in the state of Kentucky.
as Lexington's largest shopping mall. Its original anchor stores included Sears, Shillito's and Stewart Dry Goods
. Fayette Mall was renovated and enlarged in 1993.
The mall was acquired in 2001 by CBL & Associates Properties Inc. of Chattanooga, Tennessee
, which classifies Fayette Mall as one of its superior shopping centers, one of a dozen "distinct, high-performing properties" in its portfolio of more than 100 malls and shopping centers.
Fayette Mall's sales of $492 per square foot is the second-highest among CBL's properties. As of 2007 Fayette Mall featured 1428091 square feet (132,674 m²) of gross leasable area
, 111 in-line stores and 5,704 parking spaces on 86.6 acres (350,458.1 m²). There are no vacant parcels at the mall.
16.
CBL & Associates Properties Inc. web site: http://www.cblproperties.com
37.988469°N 84.527607°W
Shopping mall
A shopping mall, shopping centre, shopping arcade, shopping precinct or simply mall is one or more buildings forming a complex of shops representing merchandisers, with interconnecting walkways enabling visitors to easily walk from unit to unit, along with a parking area — a modern, indoor version...
in Lexington, Kentucky
Lexington, Kentucky
Lexington is the second-largest city in Kentucky and the 63rd largest in the US. Known as the "Thoroughbred City" and the "Horse Capital of the World", it is located in the heart of Kentucky's Bluegrass region...
, located at 3401 Nicholasville Road in southern Lexington. It is the largest mall in the state of Kentucky.
History
It was opened by developer Richard E. Jacobs Group Inc. in 1971, supplanting Turfland MallTurfland Mall
Turfland Mall was an enclosed shopping mall located in Lexington, Kentucky, United States. Opened in 1967 as the first shopping mall in Lexington, the mall is a dead mall comprising fewer than ten stores and restaurants, with The Home Depot and Staples as anchor stores...
as Lexington's largest shopping mall. Its original anchor stores included Sears, Shillito's and Stewart Dry Goods
Stewart Dry Goods
The Stewart Dry Goods company of Louisville, Kentucky, commonly referred to as Stewart's, consisted of seven department stores in Kentucky and Indiana. It was a division of Associated Dry Goods in New York City....
. Fayette Mall was renovated and enlarged in 1993.
The mall was acquired in 2001 by CBL & Associates Properties Inc. of Chattanooga, Tennessee
Chattanooga, Tennessee
Chattanooga is the fourth-largest city in the US state of Tennessee , with a population of 169,887. It is the seat of Hamilton County...
, which classifies Fayette Mall as one of its superior shopping centers, one of a dozen "distinct, high-performing properties" in its portfolio of more than 100 malls and shopping centers.
Fayette Mall's sales of $492 per square foot is the second-highest among CBL's properties. As of 2007 Fayette Mall featured 1428091 square feet (132,674 m²) of gross leasable area
Gross leasable area
Gross leasable area in the retail development industry is a term applied to shopping malls, lifestyle centers, outlet malls and other retail centers to indicate the amount of floor space available to be rented...
, 111 in-line stores and 5,704 parking spaces on 86.6 acres (350,458.1 m²). There are no vacant parcels at the mall.
Anchors
- Dillard'sDillard'sDillard's, Inc. is a department store chain in the United States, with 330 stores in 29 states. Headquartered in Little Rock, Arkansas, Dillard's locations are concentrated in Texas and Florida; with a major presence in other states including Arizona, Iowa, Colorado, Wyoming, Kansas, Missouri,...
(208,242 square feet) - Sears (153,112 square feet)
- J.C. PenneyJ.C. PenneyJ. C. Penney Company, Inc. is a chain of American mid-range department stores based in Plano, Texas, a suburb north of Dallas. The company operates 1,107 department stores in all 50 U.S. states and Puerto Rico. JCPenney also operates catalog sales merchant offices nationwide in many...
(117,099 square feet) - Macy'sMacy'sMacy's is a U.S. chain of mid-to-high range department stores. In addition to its flagship Herald Square location in New York City, the company operates over 800 stores in the United States...
(275,000 square feet) - Dick's Sporting GoodsDick's Sporting GoodsDick's Sporting Goods, Inc. , or Dick's, is a Fortune 500 American corporation in the sporting goods and retail industries.The company's headquarters are on the grounds of Pittsburgh International Airport in Findlay Township near Pittsburgh, Pennsylvania. Dick's has 451 stores in 42 states as of...
(75,000 square feet)
Growth Beyond the Mall
In 2006, CBL opened The Plaza at Fayette Mall, a 190000 square feet (17,651.6 m²) center adjacent to the mall and occupied by restaurants, various retailers, and a Cinemark TheatresCinemark Theatres
Cinemark Theatres is a chain of movie theatres owned by Cinemark Holdings, Inc. in North and South America and Taiwan. It has its headquarters in Plano, Texas.Cinemark's Missions Statement Reads as follows:...
16.
External links
Fayette Mall web site: http://www.shopfayette-mall.comCBL & Associates Properties Inc. web site: http://www.cblproperties.com
37.988469°N 84.527607°W