Phipps Plaza
Encyclopedia
Phipps Plaza, owned by Simon Property Group
, is an upscale
regional mall
in Atlanta, Georgia
anchored by Belk
, Nordstrom
and Saks Fifth Avenue
. Located adjacent to its sister-mall Lenox Square
, in the Buckhead
district, Phipps has more than 100 specialty shops, five full-service restaurants, a food court, and a 14-screen AMC movie theater. Tenants include Roberto Coin
, Elie Tahari
, Intermix, Vince, Tory Burch
, Bally
, Valentino
, Jimmy Choo
, Gucci
, Versace
, Giorgio Armani, Hugo Boss
, Wolford
, United Colors of Benetton, Theory, Juicy Couture
, Lucky Brand Jeans
, Tiffany & Co.
, Bottega Veneta
, and L.K. Bennett.
In 1969, Phipps Plaza opened as the first multi-level mall in Atlanta, aiming to become the South's
leading luxury shopping destination. The mall originally opened with two levels. Purchased by financier Ogden Phipps
in 1966 for less than $600,000, the development was sold in 1992 to Simon Properties for $488 million. That year, in development as part of a $140 million renovation and expansion, Phipps added a third anchor, Parisian, a midscale department store based in Birmingham, AL, owned by the parent company of Saks Fifth Avenue, to its original anchors Saks Fifth Avenue and Lord & Taylor
. The expansion would also add an 14 screen AMC theatre
, a new food court, new elevators, and the addition of one new level. Phipps Plaza remains Atlanta's only Saks Fifth Avenue venue. The Lord & Taylor store would close it's Phipps Plaza location in 2004, due to financial issues that existed within the company. The store served as one of the original anchors for 35 years. The space was completely renovated to make way for Atlanta's third Nordstrom
, which opened in March 2005. On August 2, 2006, it was announced that Belk
was acquiring the Parisian chain of department stores, with the store being converted to the Belk name in the fall of 2007. The Belk
store at Phipps Plaza has now been designated by Belk as one of four of their "flagship" stores and sells the company's signature couture.
In February 2011, Merlin Entertainments
announced that it would construct a Legoland Discovery Center
at the mall. The $12 million facility, based on the Lego
building toys, is expected to begin construction in July 2011 and open in March 2012.
Simon Property Group
Simon Property Group, Inc. is an American commercial real estate company, ranked #1 in the United States as the largest real estate investment trust. Simon is a fully integrated real estate company which operates from five retail real estate platforms: regional malls, Premium Outlet Centers, The...
, is an upscale
Luxury good
Luxury goods are products and services that are not considered essential and associated with affluence.The concept of luxury has been present in various forms since the beginning of civilization. Its role was just as important in ancient western and eastern empires as it is in modern societies...
regional mall
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 Atlanta, Georgia
Atlanta, Georgia
Atlanta is the capital and most populous city in the U.S. state of Georgia. According to the 2010 census, Atlanta's population is 420,003. Atlanta is the cultural and economic center of the Atlanta metropolitan area, which is home to 5,268,860 people and is the ninth largest metropolitan area in...
anchored by Belk
Belk
Belk is a department store chain founded in 1888 in Monroe, North Carolina, today part of the Charlotte metropolitan area. After the founding of the first Belk store, the company grew in size and influence throughout the South via the chain in the USA, with its stores primarily located in the...
, Nordstrom
Nordstrom
Nordstrom, Inc. is an upscale department store chain in the United States, founded by John W. Nordstrom and Carl F. Wallin. Initially a shoe retailer, the company today also sells clothing, accessories, handbags, jewelry, cosmetics, fragrances, and in some locations, home furnishings...
and Saks Fifth Avenue
Saks Fifth Avenue
Saks Fifth Avenue is a luxury American specialty store owned and operated by Saks Fifth Avenue Enterprises , a subsidiary of Saks Incorporated. It competes in the high-end specialty store market in the Upper East Side of Manhattan, i.e. 'the 3 B's' Bergdorf, Barneys, Bloomingdale's and Lord & Taylor...
. Located adjacent to its sister-mall Lenox Square
Lenox Square
Lenox Square is an upscale enclosed super regional shopping mall located in the Buckhead District of Atlanta, Georgia. Lenox Square comprises more than of retail space, with 250 stores on four levels, including a large food court. The mall is home to three anchor stores: Macy's, Bloomingdale's,...
, in the Buckhead
Buckhead (Atlanta)
Buckhead is the uptown district of Atlanta, Georgia, United States, comprising approximately the northern one-fifth of the city. Buckhead is a major commercial and financial center of the Southeast, and it is the third-largest business district in Atlanta, behind Downtown and Midtown...
district, Phipps has more than 100 specialty shops, five full-service restaurants, a food court, and a 14-screen AMC movie theater. Tenants include Roberto Coin
Roberto Coin
Roberto Coin is a high-end brand of Italian jewellery and watches. The company was founded and based in Vicenza, Italy.-History:Founded in Vicenza in 1977, Roberto Coin was first established by its eponymous creator to produce for internationally acclaimed jewelry brands...
, Elie Tahari
Elie Tahari
Elie Tahari is an Israeli-American luxury fashion designer of men and women's clothing. Elie Tahari, Ltd., the company he founded, has annual revenue of around $1 to 2.5 million...
, Intermix, Vince, Tory Burch
Tory Burch
Tory Burch is an American fashion designer, business woman and philanthropist who was born, raised and educated in the Philadelphia metropolitan area....
, Bally
Bally Shoe
The Bally Shoe company was founded as "Bally & Co" high fashion in 1851 by Carl Franz Bally and his brother Fritz in the basement of their family home in Schönenwerd in the Canton of Solothurn, Switzerland.-Business:...
, Valentino
Valentino SpA
Valentino SpA is a clothing company founded in 1959 by Valentino Garavani. Nowadays it is a part of Valentino Fashion Group. New creative directors Maria Grazia Chiuri and Pier Paolo Piccioli will take Alessandra Facchinetti's seat as creative designer...
, Jimmy Choo
Jimmy Choo Ltd
Jimmy Choo is a British high fashion house specializing in luxury shoes, designer bags, and accessories. The company, J. Choo Limited, was founded in 1996 by couture shoe designer Jimmy Choo OBE and Vogue accessories editor Tamara Mellon OBE. In April 2001 Equinox Luxury Holdings Ltd. bought out...
, Gucci
Gucci
The House of Gucci, better known simply as Gucci , is an Italian fashion and leather goods label, part of the Gucci Group, which is owned by French company PPR...
, Versace
Versace
Gianni Versace S.p.A. , usually referred to as Versace, is an Italian fashion label founded by Gianni Versace in 1978.The first Versace boutique was opened in Milan's Via della Spiga in 1978, and its popularity was immediate. Today, Versace is one of the world's leading international fashion houses...
, Giorgio Armani, Hugo Boss
Hugo Boss
Hugo Ferdinand Boss was the founder of clothing company Hugo Boss.-Early life:Boss was born in Metzingen, Germany. After completing his apprenticeship and one year of employment, he founded his own company in Metzingen in 1923.-Support of Nazism:Boss joined the Nazi Party in 1931, two years before...
, Wolford
Wolford
Wolford AG, located in Austria, is a marketer and manufacturer of upscale hosiery and lingerie. In the late 1990s, it ran a famous advertising campaign featuring the work of photographer Helmut Newton.-External links:***...
, United Colors of Benetton, Theory, Juicy Couture
Juicy Couture
Juicy Couture is a contemporary line of both casual and dressy apparel based in Arleta, Los Angeles, California founded by Pamela Skaist-Levy and Gela Nash-Taylor in 1996...
, Lucky Brand Jeans
Lucky Brand Jeans
Lucky Brand Jeans is a designer denim company founded in Vernon, California, United States in 1990 by Gene Montesano and Barry Perlman. Lucky Brand is a subsidiary of the Liz Claiborne fashion company. Lucky also produces sportswear, outerwear, T-shirts and active wear. Lucky Brand products are...
, Tiffany & Co.
Tiffany & Co.
Tiffany & Co. is an American jewelry and silverware company. As part of its branding, the company is strongly associated with its Tiffany Blue , which is a registered trademark.- History :...
, Bottega Veneta
Bottega Veneta
Bottega Veneta is an Italian luxury goods house best known for its leather goods. Founded in 1966, it was purchased in 2001 by Gucci Group, now a part of the French multinational group PPR. Bottega Veneta is headquartered in Vicenza, in the Veneto region of northeastern Italy.- History :Bottega...
, and L.K. Bennett.
History
In 1969, Phipps Plaza opened as the first multi-level mall in Atlanta, aiming to become the South's
South
South is a noun, adjective, or adverb indicating direction or geography.South is one of the four cardinal directions or compass points. It is the opposite of north and is perpendicular to east and west.By convention, the bottom side of a map is south....
leading luxury shopping destination. The mall originally opened with two levels. Purchased by financier Ogden Phipps
Ogden Phipps
Ogden Phipps was an American stockbroker, court tennis champion and Hall of Fame member, thoroughbred horse racing executive and owner/breeder, and an art collector and philanthropist...
in 1966 for less than $600,000, the development was sold in 1992 to Simon Properties for $488 million. That year, in development as part of a $140 million renovation and expansion, Phipps added a third anchor, Parisian, a midscale department store based in Birmingham, AL, owned by the parent company of Saks Fifth Avenue, to its original anchors Saks Fifth Avenue and Lord & Taylor
Lord & Taylor
Lord & Taylor, colloquially known as L&T, or LT, based in New York City, is the oldest upscale, specialty-retail department store chain in the United States. Concentrated in the eastern U.S., the retailer operated independently for nearly a century prior to joining American Dry Goods...
. The expansion would also add an 14 screen AMC theatre
AMC Theatres
AMC Theatres , officially known as AMC Entertainment, Inc., is the second largest movie theater chain in North America with 5,325 screens, second only to Regal Entertainment Group, and one of the United States's four national cinema chains AMC Theatres (American Multi-Cinema), officially known as...
, a new food court, new elevators, and the addition of one new level. Phipps Plaza remains Atlanta's only Saks Fifth Avenue venue. The Lord & Taylor store would close it's Phipps Plaza location in 2004, due to financial issues that existed within the company. The store served as one of the original anchors for 35 years. The space was completely renovated to make way for Atlanta's third Nordstrom
Nordstrom
Nordstrom, Inc. is an upscale department store chain in the United States, founded by John W. Nordstrom and Carl F. Wallin. Initially a shoe retailer, the company today also sells clothing, accessories, handbags, jewelry, cosmetics, fragrances, and in some locations, home furnishings...
, which opened in March 2005. On August 2, 2006, it was announced that Belk
Belk
Belk is a department store chain founded in 1888 in Monroe, North Carolina, today part of the Charlotte metropolitan area. After the founding of the first Belk store, the company grew in size and influence throughout the South via the chain in the USA, with its stores primarily located in the...
was acquiring the Parisian chain of department stores, with the store being converted to the Belk name in the fall of 2007. The Belk
Belk
Belk is a department store chain founded in 1888 in Monroe, North Carolina, today part of the Charlotte metropolitan area. After the founding of the first Belk store, the company grew in size and influence throughout the South via the chain in the USA, with its stores primarily located in the...
store at Phipps Plaza has now been designated by Belk as one of four of their "flagship" stores and sells the company's signature couture.
In February 2011, Merlin Entertainments
Merlin Entertainments
Merlin Entertainments Group Ltd is a British operator of amusement parks and other attractions. It is the largest such company in Europe, and globally the second largest after Walt Disney Parks and Resorts....
announced that it would construct a Legoland Discovery Center
Legoland Discovery Centre
Legoland Discovery Centre is an indoor family attraction chain operated by Merlin Entertainments, a subsidiary of the Blackstone Group. Featuring models and attractions inspired by the Lego building toys, the Discovery Centres are smaller versions of the Legoland theme parks located around the...
at the mall. The $12 million facility, based on the Lego
Lego
Lego is a line of construction toys manufactured by the Lego Group, a privately held company based in Billund, Denmark. The company's flagship product, Lego, consists of colorful interlocking plastic bricks and an accompanying array of gears, minifigures and various other parts...
building toys, is expected to begin construction in July 2011 and open in March 2012.
Anchor stores
- NordstromNordstromNordstrom, Inc. is an upscale department store chain in the United States, founded by John W. Nordstrom and Carl F. Wallin. Initially a shoe retailer, the company today also sells clothing, accessories, handbags, jewelry, cosmetics, fragrances, and in some locations, home furnishings...
(Opened 1969 as Lord & TaylorLord & TaylorLord & Taylor, colloquially known as L&T, or LT, based in New York City, is the oldest upscale, specialty-retail department store chain in the United States. Concentrated in the eastern U.S., the retailer operated independently for nearly a century prior to joining American Dry Goods...
, remodeled and reopened as Nordstrom in 2005, 153740 sq ft (14,282.9 m²).) - BelkBelkBelk is a department store chain founded in 1888 in Monroe, North Carolina, today part of the Charlotte metropolitan area. After the founding of the first Belk store, the company grew in size and influence throughout the South via the chain in the USA, with its stores primarily located in the...
(Opened 1992 as Parisian and converted to Belk in September 2007, 170000 sq ft (15,793.5 m²).) - Saks Fifth AvenueSaks Fifth AvenueSaks Fifth Avenue is a luxury American specialty store owned and operated by Saks Fifth Avenue Enterprises , a subsidiary of Saks Incorporated. It competes in the high-end specialty store market in the Upper East Side of Manhattan, i.e. 'the 3 B's' Bergdorf, Barneys, Bloomingdale's and Lord & Taylor...
(Opened 1969, 148645 sq ft (13,809.6 m²).)
Former anchors
- Lord & TaylorLord & TaylorLord & Taylor, colloquially known as L&T, or LT, based in New York City, is the oldest upscale, specialty-retail department store chain in the United States. Concentrated in the eastern U.S., the retailer operated independently for nearly a century prior to joining American Dry Goods...
(Opened 1969 as Lord & TaylorLord & TaylorLord & Taylor, colloquially known as L&T, or LT, based in New York City, is the oldest upscale, specialty-retail department store chain in the United States. Concentrated in the eastern U.S., the retailer operated independently for nearly a century prior to joining American Dry Goods...
, remodeled and reopened as Nordstroms in 2005) - Parisian (Opened 1992 as Parisian and converted to Belk in September 2007)
Restaurants
- Davio's
- Cafe Bistro at NordstromNordstromNordstrom, Inc. is an upscale department store chain in the United States, founded by John W. Nordstrom and Carl F. Wallin. Initially a shoe retailer, the company today also sells clothing, accessories, handbags, jewelry, cosmetics, fragrances, and in some locations, home furnishings...
- The Grape
- Johnny RocketsJohnny RocketsJohnny Rockets is an American restaurant franchise whose concept is to create a classic American restaurant atmosphere. The theme is the diner-style restaurant that had become a common sight by the 1950s...
- The Tavern at Phipps
- Twist Cafe
See also
- List of shopping malls in the United States
- Lenox SquareLenox SquareLenox Square is an upscale enclosed super regional shopping mall located in the Buckhead District of Atlanta, Georgia. Lenox Square comprises more than of retail space, with 250 stores on four levels, including a large food court. The mall is home to three anchor stores: Macy's, Bloomingdale's,...
- Streets of BuckheadStreets of BuckheadBuckhead Atlanta, until May 2011 called Streets of Buckhead is a planned mixed-use development in the Buckhead Community in Atlanta, Georgia. The project is a redevelopment of part of the Buckhead Village neighborhood bounded by Peachtree Rd., E. Paces Ferry Rd., Pharr Rd., and N. Fulton Drive...