Golden Triangle Mall

The mall in 2009
Location	Denton, Texas, United States
Coordinates	33°11′17″N 97°06′34″W / 33.1879577°N 97.1093065°W / 33.1879577; -97.1093065
Opening date	1980
Management	Cencor Realty Services; leasing agents The Weitzman Group and the MGHerring Group
Owner	GTM Development, Ltd.
No. of stores and services	60
No. of anchor tenants	8 (7 open, 1 vacant)
Total retail floor area	764,719 sq ft (71,044.7 m2) total
No. of floors	1
Website	shopgoldentriangle.com

Golden Triangle Mall is an enclosed, single-level shopping mall located at the intersection of Loop 288 and I-35E in Denton, Texas, United States. It contains seven current anchors, a playplace, and total leasable floor area of 764,719 sq ft (71,044.7 m²) total. The anchors are Ross Dress for Less, Conn's, H&M, JCPenney, Barnes & Noble, Fitness Connection, and Dillard's.

A major renovation began in 2012 that completely reconstructed the mall, adding and reconstructing amenities such as a new Food Court, a new Center Court, a performance area, mall-wide Wi-Fi, and new seating areas with charging stations. The mall has since attracted a spate of new retailers, including Buckle, Charlotte Russe, Torrid and Zumiez; along with new restaurants including Corner Bakery, Taco Cabana, Tobu Asian and Italia Express. ^[1] The mall's retailers have also renovated their stores and storefronts, including JCPenney, Dillard's, Victoria's Secret and Hot Topic. ^{[2] [3] [4]}

In March 2015, H&M announced plans to lease a 23,000-square-foot fashion anchor space in the mall, with a location near the west entrance patio and fountain area and with exterior signage and access. ^{[5] [6] [7]}

History

Golden Triangle Mall opened on September 9, 1980 as the first enclosed shopping mall in Denton County. The original anchors were Sears, Dillard's, JCPenney, Montgomery Ward, H.J. Wilson , McClurkans, and Bealls. ^[8] An outparcel movie theater, the United Artists Golden Triangle 4, was located across the street from the mall. ^[9] The mall thrived in the 1980s, but began suffering when the much larger Vista Ridge Mall opened in Lewisville, just south on I-35E, in 1989. ^[10] The mall also suffered from the low-income levels in Denton due to it being a college town. ^[10] Denton Mall Co. sold Golden Triangle to Simon Property Group in 1999. In 2000, Golden Triangle underwent a $3.5 million renovation of its interior, including new floor tile, updated entrances, restroom facilities, and mall graphics.

In April 2006, the under-performing mall was sold to Feldman Mall Properties at an estimated $40 million with plans to invest over $30 million in renovations. ^[11] Plans for renovations were halted due to the proposed sale of Feldman Mall Properties and the future development of Rayzor Ranch Town Center. In June 2010, lender JPMorgan Chase & Co. announced its intention to sell Golden Triangle Mall at a foreclosure auction to recoup the $25 million that Feldman Mall Properties still owes on JPMorgan's 2006 loan to Feldman. ^{[12] [13]} On September 1, 2010, Cencor Realty Services and The Weitzman Group took over management and leasing of the mall. ^[14]

In 2012–2014, the mall was renovated, including new stores such as Buckle, Charlotte Russe, and Body Central.

Anchor history

The mall's anchors include Barnes & Noble, Conn's, Dillard's, Fitness Connection, JCPenney, H&M, and Ross Dress for Less, with one vacant anchor last occupied by Macy's. Macy's was formerly Montgomery Ward until 2001, then Foley's from 2003 to 2006. ^{[15] [16]} Fitness Connection was formally occupied by H.J. Wilson which became Service Merchandise when the Wilson chain was sold and later became DSW, while Ross was previously a Bealls and the Dillard's Men's store was Russell's until 1989. ^{[17] [18]} An interior United Artists Golden Triangle 5 theatre opened on March 17, 1995 with the outparcel theater closing on March 26, 2000 at the end of its lease. ^[19]

In March 2015, it was announced that clothing store H&M will be establishing a 23,000-square-foot store in the mall later in the year. ^[5]

On May 31, 2018, it was announced that Sears would be closing as part of a plan to close 72 stores nationwide. The store closed on September 2, 2018. ^[20]

In August 2019, DSW announced they would not be renewing the lease on their 55,606 space opting to move to a space in Denton Crossing West. The space was then leased by Fitness Connection which opened in April 2020. ^[21]

In January 2020, Conn's Home Plus leased about 45,000 sq. ft. of the former Sears. The store was originally scheduled to open in April, however, due to the COVID-19 pandemic, the opening was delayed until July of that year. ^[22]

On January 6, 2021, it was announced that Macy's would be closing as part of a plan to close 46 stores nationwide. ^[23] The store closed permanently on March 21, 2021.

See also

• List of shopping malls in the Dallas/Fort Worth Metroplex

References

External links

• Official website