Central Mall (Texarkana)

Central Mall
Central Mall logo
Map
LocationTexarkana, Texas, U.S.
Address2400 Richmond Road
Opening dateAugust 9, 1978
DeveloperWarmack & Company
Owner4th Dimension Properties
No. of stores and services60+
No. of anchor tenants3 (2 open, 1 vacant)
Total retail floor area678,480 square feet (63,033 m2)[1]
No. of floors1
Websitecentralmalltexarkana.com

Central Mall is an enclosed shopping mall located in Texarkana, Texas. Opened in 1978, the anchor stores are Dillard's and JCPenney.

History

Fort Smith, Arkansas-based Warmack & Company, the developer of the mall, began construction in June 1977.[2] The mall's location, specifically its parking lot, is the location of the lover's lane where three of the Texarkana Moonlight Murders in 1946 took place.[3] Opening in 1978 with 586,497 square feet, Central Mall overtook Oaklawn Village Shopping Center as the largest shopping destination in the Texarkana metro, at more than four times its size. Dillard's, JCPenney, and Sears were the mall's original anchor tenants.[2] The Texarkana location of Dillard's marked the second location in its entire chain[4] for the Little Rock, Arkansas-based company, which now operates 282 stores across 29 states.[5] Warmack & Company retained ownership of the mall until it was sold in 2004.[6]

In 2016, Dillard's fully remodeled and expanded its store by 42,000 square feet. Upon reopening, the Texarkana Dillard's began offering higher-end merchandise, which, according to Dillard’s, is typically reserved for its stores in larger retail markets.[4] On June 6, 2017, it was announced that Sears, an original tenant, would be closing as part of a plan to close 72 stores nationwide; the store closed in September 2017.[7]

On September 26, 2018, the mall was offered for auction[8] after its owners out of Atlanta, Georgia, defaulted on a $134.5 million loan.[9] On March 19, 2020, it was announced that Bealls would close, leaving Dillard's and JCPenney as the mall's only anchors.[10] A limited liability company tied to Kohan Retail Investment Group currently owns the mall.[11] In April 2024, 4th Dimension Properties acquired the Central Mall.[12]

References

  1. ^ "Central Mall fact sheet" (PDF). Jones Lang LaSalle. Retrieved January 31, 2019.
  2. ^ a b "Nine stores will celebrate openings at new mall today". Texarkana Gazette. August 2, 1978. p. 1. Retrieved March 30, 2023.
  3. ^ Newton, Michael (2013). The Texarkana Moonlight Murders: The Unsolved Case of the 1946 Phantom Killer. McFarland & Company. p. 3. ISBN 9781476605784.
  4. ^ a b "Dillard's reopens its doors". Texarkana Gazette. November 17, 2017. Retrieved January 31, 2020.
  5. ^ "Dillard's Investor Relations". Dillard's. Archived from the original on February 11, 2007. Retrieved March 9, 2007.
  6. ^ "Central Mall set for auction in foreclosure sale". Texarkana Gazette. September 26, 2018. Retrieved January 31, 2020.
  7. ^ "Texarkana Sears Store Closing in September". June 6, 2017.
  8. ^ "Central Mall set for auction in October". KTBS. September 26, 2018. Retrieved January 31, 2020.
  9. ^ "Mall will stay open despite foreclosure". Texarkana Gazette. September 27, 2018. Retrieved March 30, 2023.
  10. ^ "Texarkana Bealls to permanently shutter, will not rebrand as originally thought". March 20, 2020.
  11. ^ Oman, Noel (March 12, 2021). "Lender seeks Park Plaza ownership". Arkansas Online. Retrieved March 30, 2023.
  12. ^ Parr, Julie. "Central Mall under new ownership". KGBS 3.

Official website

33°27′20″N 94°04′49″W / 33.4555°N 94.0804°W / 33.4555; -94.0804

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