The Chapel Hills Mall announced today that an official Vans store will begin construction on a 2,700-square foot space near J.C. Penney next week. Vans, an active footwear company, “is a leading lifestyle brand for today’s youth,” according to a press release from the mall. This will be the first official Vans store in Colorado [...] [...]
The Garrison Investment Group, which owns the Chapel Hills Mall, bought the 88,000-square-foot building formerly occupied by Kmart that’s attached to the east end of the shopping center. The space has been vacant and blocked off from the rest of the mall since Kmart closed in 2009. New York-based Garrison Investment Group purchased the empty [...] [...]
Jimmy Johns, a gourmet sandwich shop with growing national popularity, is slated to slip into a spot at the Chapel Hills Mall this fall. Construction on the 1,665-square-foot restaurant has started on the mall property near the intersection of Briargate Boulevard and Agora Point, according to a release from the mall’s new ownership, Coyote Management. [...] [...]
The city’s traditional shopping malls are facing challenges filling retail space. Anchor tenants are leaving, and vacancies are high. Yet mall managers are trying to put a good face on the matter and insist their vacancy problems are only temporary. The city’s two traditional, shopping malls, The Citadel and Chapel Hills malls, won’t offer statistics [...] [...]
The owner of Chapel Hills Mall emerged from bankruptcy yesterday. General Growth Properties will now decide the fate of the Colorado Springs mall and 12 other “underperforming” centers later this week. “It’s business as usual here,” said Chapel Hills Mall general manager Dave Moss. “There has been no impact to our operations right now.” But changes are [...] [...]
Imagine you’re planning some last-minute holiday shopping at the mall for video games, chocolates and a golf club. As soon as you pass through the mall’s doors, your phone alerts you: Six stores in the mall carry video games and golf clubs are on sale. How cool is that? But, wait. Your phone also provides [...] [...]
The Citadel and Chapel Hills malls have been buffeted by a shopping bag full of changes since the recession and even before. The loss of tenants large and small, trips to bankruptcy court by parent companies, new management and new competitors have all combined to make life for the malls tumultuous. How can they expect [...] [...]
Shopping mall owner General Growth Properties Inc., parent of Chapel Hills Mall in Colorado Springs, said it is getting a $500 million infusion from a Texas teachers’ pension fund to help it emerge from bankruptcy. The Chicago developer said The Teacher Retirement System of Texas will receive shares priced at $10.25 each in the reorganized [...] [...]
After arriving back in Colorado Springs during 2008, Jennifer Knight kept herself busy as sort of a freelance marketing consultant. She met contractors around town and at home shows where she offered them traditional marketing services. She designed Web sites and built logo designs. Around that time she remembers hearing a few of her clients [...] [...]
Macy’s has announced it is closing five of its stores as part of an ongoing process to prune underperforming stores while also opening new locations in promising markets. The company, which operates 809 Macy’s and 40 Bloomingdales stores nationwide, will close Macy’s locations in Boise, Idaho; Waterford Mich.; St. Ann, Mo.; Missoula, Mont. and Burlington, [...] [...]