Indian River Mall

Indian River Mall is an enclosed shopping mall in Vero Beach, Florida. Opened in 1996, it is anchored by Dillard's, AMC Theatres, and JCPenney, with two vacant anchors last occupied by Macy’s and Sears.

Indian River Mall
LocationVero Beach, Florida, United States
Coordinates27.642593°N 80.45914°W / 27.642593; -80.45914
Address6200 20th St.
Opening date1996 (1996)
DeveloperEdward J. DeBartolo
OwnerKohan Retail Investment Group[1]
No. of stores and services80+
No. of anchor tenants5 (3 open, 2 vacant)
Total retail floor area737,000 sq ft (68,500 m2)[2]
No. of floors1

History

Edward J. Debartolo Corporation developed Indian River Mall in 1996. Its original anchors were JCPenney, Sears, Dillard's, and Burdines.[3][4] A food court and 24-screen movie theater were added in 1997.[5]

In 2005, Burdines was renamed by Macy's.

In 2007, a customer found $5,200 inside a pair of shoes he was purchasing.[6]

In 2008, Gap, Disney Store and RJ Gator's closed. The former RJ Gator's will most likely be converted into a new restaurant.

On December 1, 2014, Simon Malls entered into foreclosure on the property for $71 million. The property, including its adjacent plaza was sold at auction for $100 to the highest bidder on May 13, 2015.[7]

In August 2016, Indian River mall sold an adjacent plaza, called the Indian River Plaza, which consists of Best Buy, Ross Dress for Less, Target, Office Depot, Bed Bath & Beyond, Lowe's Home Improvement and Michaels Arts & Crafts.

On August 6, 2019, it was announced that Sears will be closing this location as part of a plan to close 26 stores nationwide. The store closed in October 2019.[8]

On January 8, 2020, it was announced that Macy’s would be closing in April 2020 as part of a plan to close 125 stores nationwide.[9]

In 2020, Victoria's Secret closed at the mall as part of a plan to close 250 stores nationwide. TGI Friday’s closed later that year.

On January 6 2021, Hollister Co. closed.

References
  1. "Indian River Mall sold to New York firm for $12 million - TCPalm". TC Palm. Journal Media Group. Retrieved 29 July 2017.
  2. "Indian River Mall leasing information". Simon Property Group. Retrieved 5 October 2013.
  3. "DeBartolo realty to build Fla. mall". The Vindicator. 27 April 1995. Retrieved 5 October 2013.
  4. Lane, Teresa (11 November 1996). "INDIAN RIVER TO OPEN DOORS OF 'GRAND JEWEL' MALL". The Palm Beach Post. Retrieved 5 October 2013.
  5. McEaneney, Dennis (22 November 1996). "Outlet Mall Developer Asks for Extension on Plans for Akron, Ohio, Mall". Akron Beacon Journal. Archived from the original on 11 October 2013. Retrieved 5 October 2013.
  6. "Customer Finds $5,200 in Reebok Sneaker". Associated Press. 20 December 2007. Archived from the original on 11 October 2013. Retrieved 5 October 2013.
  7. "Nobody submits bid, Indian River Mall sold to bank for $100 - TC Palm". TC Palm. Journal Media Group. Retrieved 14 May 2015.
  8. Tyko, Kelly (August 6, 2019). "Sears and Kmart store closings: 26 stores to close in October". USA Today. Retrieved August 7, 2019.
  9. "Macy's at Indian River Mall to close; clearance sale to begin this month".
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