Crossroads Mall (Waterloo, Iowa)
Crossroads Center is a shopping mall located in Waterloo, Iowa. It is a dominant shopping center in northeast Iowa with a trade area that extends more than 50 miles (80 km). It is anchored by At Home with four vacant anchors left by Sears, Dillard's, Gordmans, and Younkers. The mall opened in 1969 and is owned by Namdar Realty Group. It is located in the heart of a retail hub that includes a 12 screen theater, Best Buy, Super Target (opened 2000), Walmart, Barnes & Noble, Bed Bath & Beyond and many other national tenants. The mall is located near the interchange of Interstate 380 and U.S. Highway 20. The mall's layout is unusual, as the former Younker's is placed directly above the mall's At Home.[2]
Location | Waterloo, Iowa, United States |
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Coordinates | 42.462°N 92.322°W |
Opening date | 1969 |
Developer | Crossroads Center Inc. |
Management | Mason Asset Management |
Owner | Namdar Realty Group |
No. of anchor tenants | 5 (1 open, 4 vacant) |
Total retail floor area | 847,099 sq ft (78,698.1 m2)[1] |
No. of floors | 2 |
Website | shopcrossroadscenter |
The mall's sole anchor store is At Home. On January 8, 2015, it was announced that JCPenney would be closing as part of a plan to close 39 locations nationwide.[3] At Home replaced the store in 2016.[4] On January 4, 2018, it was announced that Sears would be closing as part of a plan to close 103 stores nationwide. The store closed in April 2018.[5] On April 18, 2018, Younkers parent company, the Bon-Ton, announced they would be completely liquidating and closing all stores including the one at Crossroads. The store closed on August 29, 2018.[6] On May 11, 2020, Gordmans announced that it would be closing as the parent company is also going out of business.[7] Just eight days later, Dillard's announced that this location would be closing in the near future.[8] This left At Home as the only traditional anchor store.
Crossroads Center Inc. announced plans for the mall in 1967, simultaneously with two other malls of the same name: one in St. Cloud, Minnesota and one in Fort Dodge, Iowa. At the time of construction it was the only enclosed shopping mall in Iowa.[9]
References
- Property capsule
- http://www.labelscar.com/iowa/crossroads-center
- Kinney, Pat (April 17, 2016). "New At Home store opens at Crossroads". Waterloo Cedar Falls Courier. Retrieved 2020-08-14.
- Burkum, Larry; KCRG-TV9 (January 4, 2018). "Sears closing Waterloo store by early April". kcrg.com. Retrieved 2020-08-14.
- Jeff Reinitz and The Gazette (April 19, 2018). "UPDATE: End of an era: All Younkers stores to close". Waterloo Cedar Falls Courier. Retrieved 2020-08-14.
- Brothers, Gordon (2020-07-16). "GOING-OUT-OF-BUSINESS SALES ARE NOW UNDERWAY AT ALL GORDMANS & STAGE STORES". GlobeNewswire News Room. Retrieved 2020-08-14.
- "More retailers plan to close stores in wake of pandemic losses". Radio Iowa. 2020-05-20. Retrieved 2020-08-14.
- "The Courier". Crossroads start is set for spring. February 28, 1967. p. 8. Retrieved September 7, 2020.