Greendale Mall
{{Use mdy dates|date=April 2025}}
{{Use American English|date=February 2025}}
{{Infobox shopping mall
| name = Greendale Mall
| logo = Greendalemall_logo.png
| image = Greendale Mall, Worcester MA.jpg
| image_width = 250px
| caption = Greendale Mall interior, 2012
| address = 7 Neponset Street
| location = Worcester, Massachusetts, United States
| coordinates = {{coord|42.2967|-71.8007|display=inline,title|region:US-MA_type:landmark}}
| opening_date = 1987
| closing_date = 2021
| developer =
| manager =
| owner = Finard Properties
| architect =
| number_of_stores = 37
| number_of_anchors = 4 (all vacant)
| floor_area = {{convert|432000|sqft|m2}}
| floors = 1 with partial lower level
| parking =
| website = none
}}
The Greendale Mall was an enclosed shopping mall located near the intersection of Interstates 290 and 190 in Worcester, Massachusetts, United States. The anchors were Best Buy, Big Lots (originally Marshalls), DSW, and a combination of TJ Maxx and HomeGoods.
History
The mall first opened in 1987, anchored by Lechmere and Marshalls stores.{{Cite web|url=https://www.worcestermag.com/entertainmentlife/20191204/lifestyle-i-went-to-greendale-mall-on-black-friday|title = Lifestyle: I Went to the Greendale Mall on Black Friday}}{{Cite web|url=http://www.labelscar.com/massachusetts/greendale-mall|title=Greendale Mall; Worcester, Massachusetts|website=Labelscar: The Retail History Blog|date=22 September 2006}} TJ Maxx 'N More was later added in the late 1990s and it later became a TJ Maxx and HomeGoods combo store. Lechmere closed in 1997 and later became Best Buy. Marshalls closed in 2007 and became Big Lots in 2010.{{cite web|url=http://www.telegram.com/article/20080115/NEWS/801150325/1002 |title=Marshalls at mall closed|work=Worcester Telegram & Gazette|date= January 15, 2008|accessdate=2012-08-31|archive-url=https://web.archive.org/web/20080118101834/http://www.telegram.com/article/20080115/NEWS/801150325/1002|archive-date=January 18, 2008}}
Simon Property Group purchased the mall in 1999. The company stopped paying the debt on the mall in October 2015 and the noteholder took ownership of the Mall.{{Cite news | url=http://www.wbjournal.com/article/20160225/NEWS01/160229966/greendale-malls-value-plummets-77%89-foreclosure-possible | title=Greendale Mall's value plummets 77%, foreclosure possible | first=SAM | last=BONACCI | work=American City Business Journals | date=February 25, 2016}} At the time of the takeover by the note holder, the mall was performing very poorly. In November 2015, the mall was appraised at $14.7 million but had a loan value of $45 million.
In June 2016, the mall was sold at auction to Chicago law firm Seyfarth Shaw LLP for $11.8 million, the mortgage holder of the property, after no other bids were received.{{Cite news|url=http://www.wbjournal.com/article/20160624/NEWS01/160629949/greendale-mall-sold-for-118m-future-uncertain|title=Greendale Mall sold for $11.8M; future uncertain|work=Worcester Business Journal|access-date=2017-12-14|language=en-US}} In September 2016, Burlington-based KeyPoint Partners, the company representing the new owners and managing the building, announced that Worcester's only enclosed shopping mall would remain open.{{Cite news|url=https://worcestermag.com/2016/09/29/greendale-mall-remain-open-new-ownership/46442|title=Greendale Mall to remain open under new ownership|last=Quinn|first=Tom|date=2016-09-29|work=Worcester Mag|access-date=2017-12-14|language=en-US|archive-url=https://web.archive.org/web/20161003213220/https://worcestermag.com/2016/09/29/greendale-mall-remain-open-new-ownership/46442|archive-date=October 3, 2016}}
On December 19, 2018, it was announced that Big Lots would be closing in January 2019.{{Cite news|url=https://www.masslive.com/worcester/2018/12/big-lots-in-worcester-closing-leaving-greendale-mall-even-more-empty.html|title = Big Lots in Worcester closing, leaving Greendale Mall even more empty|date = 19 December 2018|work=Mass Live|archive-url=https://web.archive.org/web/20181220021215/https://www.masslive.com/worcester/2018/12/big-lots-in-worcester-closing-leaving-greendale-mall-even-more-empty.html|archive-date=December 20, 2018}}
On September 9, 2019, it was announced that Best Buy would also be closing in November 2019.{{Cite web|url=https://www.telegram.com/news/20190909/best-buy-at-greendale-mall-closing-in-november|title = Best Buy at Greendale Mall closing in November}}
On December 16, 2019, a Boston developer bought the rundown Greendale Mall in Worcester and the new owner's plans were to demolish the 33-year-old shopping center and replace it with a mix of retail, apartments, and office space.{{cite news |last1=Grillo |first1=Thomas |title=Greendale Mall to be demolished, turned into apartments & medical offices |url=https://www.wbjournal.com/article/greendale-mall-to-be-demolished-turned-into-apartments-medical-offices |work=Worcester Business Journal |date=December 17, 2019}} Plans were later changed and the mall would be demolished and replaced with an Amazon distribution center. The mall closed permanently in 2020.{{Cite web|last=Cariaga|first=Vance|date=April 9, 2021|title=Amazon Is Buying Dead Malls – and the Reason Why Is Fascinating|url=https://www.aol.com/amazon-buying-dead-malls-reason-110039697.html|access-date=2021-04-16|website=AOL|language=en-US}}
On October 23, 2020, it was announced that TJ Maxx/HomeGoods would be relocating to Lincoln Plaza on April 24, 2021, leaving the mall entirely vacant and officially closed for good. It was demolished in Summer 2021.{{Cite news|url=https://www.telegram.com/story/business/2020/10/23/barnes-amp-noble-latest-lincoln-plaza-store-closing-but-tj-maxx-may-be-on-way/114471826/|title = Final chapter|work=Worcester Telegram & Gazette|date=October 23, 2020}}{{Cite news|url=https://www.telegram.com/story/news/2021/04/25/tj-maxx-homegoods-retail-clothing-housewares-worcester-department-store-lincoln-plaza/7374716002/|title=Popular clothing retailer TJ Maxx relocates, opens in Lincoln Plaza|work=Worcester Telegram & Gazette|date=April 25, 2021|archive-url=https://web.archive.org/web/20210425172306/https://www.telegram.com/story/news/2021/04/25/tj-maxx-homegoods-retail-clothing-housewares-worcester-department-store-lincoln-plaza/7374716002/|archive-date=April 25, 2021}}
References
{{reflist}}
External links
- [https://www.greendalemall.com/] {{Webarchive|url=https://web.archive.org/web/20171201030315/https://www.greendalemall.com/ |date=2017-12-01 }}
{{Shopping malls in Massachusetts}}
Category:1987 establishments in Massachusetts
Category:2021 disestablishments in Massachusetts
Category:Buildings and structures demolished in 2021
Category:Buildings and structures in Worcester, Massachusetts
Category:Demolished buildings and structures in Massachusetts
Category:Demolished shopping malls in the United States
Category:Shopping malls established in 1987
Category:Shopping malls disestablished in 2021