The Village at Medford Center

The Village at Medford Center, formerly known as The Medford Center, is a regional shopping center in east Medford, Oregon, United States. The 420,000-square-foot (39,000 m2) mall is the oldest and one of the largest in Jackson County, alongside Rogue Valley Mall.

The Village at Medford Center
LocationMedford, Oregon
42.3328243°N 122.86527480000001°W / 42.3328243; -122.86527480000001
Opening date1959
DeveloperLBG Real Estate Companies, LLC
OwnerKimco Realty
No. of stores and services50~
No. of anchor tenants5 (4 open, 1 vacant)
Total retail floor area420,000-square-foot (39,000 m2)
No. of floors1
WebsiteThe Village at Medford Center

History

Before the complex was constructed, the land was used for agricultural and for the grazing of livestock, with The Village at Medford Center opening as The Medford Center in 1959,[1] as one of the first shopping centers in Medford located adjacent to Interstate 5.[2] Sears has been the anchor tenant since the opening of The Medford Center until it closed in 2019.[1] Originally, the shopping center had 333,000-square-foot (30,900 m2) of retail space and was an outdoor strip mall until it was converted into an enclosed shopping center after renovations in 1984.[1] Several stores were added to the center in the 1980s, which included Payless Drug Stores and Safeway, which added 85,000-square-foot (7,900 m2) to the complex. Before the Rogue Valley Mall opened in 1986, it was the largest shopping mall in Medford. The largest movie theater in southern Oregon, Cinemark Tinseltown USA, opened at the center in 1997, replacing the Cine' 4 theater in north Medford and the Movies 5 theater at Rogue Valley Mall which was also operated by Cinemark.[3] In 2016, LBG Real Estate Companies acquired the shopping center and began renovating it, renaming it The Village at Medford Center.[4] The renovation cost $10 million and added 30,000-square-foot (2,800 m2) to the complex for new retailers, now at 420,000-square-foot (39,000 m2). New tenants were added to the shopping center, which included a new Department of Motor Vehicles, Willamette Valley Bank, World of Insurance, among others.[4] In addition, a sign titled “The Village” was placed over The Medford Center sign, replacing the Tinseltown logo to reflect the name change of the complex.[4] Alongside Sears, other main tenants include Cinemark Tinseltown USA, International Fitness, Ashley Furniture, Ralph's, Rite Aid and Red Robin.[5]

On December 28, 2018, it was announced that Sears would be closing as part of a plan to close 80 stores nationwide. The store closed in March 2019.[6]

See also

References
  1. "Medford Center Environmental Matters" (PDF). State of Oregon Department of Environmental Quality. 1993. Retrieved 26 December 2017.
  2. Stiles, Greg (27 June 2016). "Medford Center remodel will focus on entertainment elements". Mail Tribune. Retrieved 26 December 2017.
  3. Stiles, Greg (28 July 2001). "Mall theater will go dark, thanks to 'shiny' Tinseltown". Mail Tribune. Retrieved 26 December 2017.
  4. Rakhshani, Ariana (28 June 2016). "Medford Center unveils new plans for shopping center". KTVL News 10. Retrieved 26 December 2017.
  5. "The Medford Center Redevelopment Project" (PDF). LBG Real Estate Companies. Retrieved 26 December 2017.
  6. Thomas, Lauren (2018-12-28). "Sears is closing 80 more stores in March, faces possible liquidation". CNBC. Retrieved 2018-12-28.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.