The Fashion Mall at Keystone
Encyclopedia
The Fashion Mall at Keystone, known better as The Fashion Mall, is an upscale shopping center in the northeast section of the city of Indianapolis, Indiana
Indianapolis, Indiana
Indianapolis is the capital of the U.S. state of Indiana, and the county seat of Marion County, Indiana. As of the 2010 United States Census, the city's population is 839,489. It is by far Indiana's largest city and, as of the 2010 U.S...

. The mall is located off I-465 at 86th Street and Keystone. The mall is considered the heart of the district of Keystone. Developed, managed and owned by Indianapolis-based Simon Property Group
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...

, the center is currently anchored by 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...

. The Fashion Mall is two stories high and is in two separate buildings. They are brought together by a glass archway called "The Crossing" which is also a foodcourt. The mall offers 95 specialty shops and restaurants. Over 40% of the stores located in the mall have their sole location for the entire state of Indiana
Indiana
Indiana is a US state, admitted to the United States as the 19th on December 11, 1816. It is located in the Midwestern United States and Great Lakes Region. With 6,483,802 residents, the state is ranked 15th in population and 16th in population density. Indiana is ranked 38th in land area and is...

 located here. About 97% of the store's retail area was in use at the end of 2006.

Parisian's parent company, Saks Incorporated, sold the entire chain of stores to Belk. Belk thus sold the location to Nordstrom. In summer 2007, the store was renovated and reopened as the state's second Nordstrom location. The process was similar as to how 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...

 renovated and replaced Jacobson's
Jacobson Stores
Jacobson's is an American regional department store chain. Based in Jackson, Michigan, the chain operated primarily in Michigan and Florida, but also had stores in Ohio, Indiana, Kentucky and Kansas. Jacobson's focused on apparel, fine jewelry and home furnishings. The chain entered bankruptcy in...

 old store.

History

The Fashion Mall had its original incarnation in the early 1970s as a small luxury mall of 50000 square feet (4,645.2 m²). The Fashion Mall was adjacent to its companion shopping center called The Bazaar, a building of labyrinthine corridors housing family-run stores. The Fashion Mall underwent several renovations and expansions over the years, and its neighbor the Bazaar was eventually demolished to make way for the growing shopping center. Over the years, numerous retail centers and stand-alone restaurants have been built both in the mixed-use development where the Fashion Mall is located and all along the 86th Street corridor. The Fashion Mall/Clearwater Crossing area now provides a continuous retail corridor which merges with the gigantic Castleton Square Mall shopping area located almost 3 miles (4.8 km) to the east. The Fashion Mall has become a regional high-end shopping destination, standing two stories high and covering 680000 square feet (63,174.1 m²) in two separate buildings.

The Fashion Mall has had many retailers in its past. Its old anchor, Jacobson's, was the only store located in the state of Indiana. It has since been replaced by 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...

, which is also the only store in the state. Parisian at The Fashion Mall, which is one of two stores ( the other location at Circle Centre was rebranded as Carson Pirie Scott & Company) in the state, was converted to 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...

 in fall of 2008, now the only such store in the state.

Former anchors

  • Parisian (129,721 sq ft.; closed 2007)
  • Jacobson's (120.00 sq ft; closed 2002)

Expansion

The Fashion Mall's owner, Simon Property Group, plans on expanding the mall by 150000 feet (45,720 m) over the next 2 years, with construction to begin starting by next year. No tenants have been named yet, but there are plans for 20 new stores, and a newly expanded food court. The estimated cost for the project is $100 million.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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