Regency Square
Encyclopedia
Regency Square is an enclosed shopping mall
in Richmond, Virginia
, USA. Opened in 1975, the mall features more than 100 tenants, including four anchor store
s JCPenney, Sears, Macy's North, and Macy's South
as well as a food court
. The mall is owned and managed by Taubman Centers
.
and Thalhimer's
. Besides the addition of a food court
in 1987, the mall remained largely unchanged. After Miller & Rhoads closed in 1990, Hecht's bought the location, along with three other former Miller & Rhoads stores in Virginia, and converted it to a Hecht's. Two years later, the Thalhimer's chain was also acquired by Hecht's, and as a result, the Thalhimer's became a second Hecht's location.
Taubman Centers
acquired the Regency Square mall in 1997. A children's play place was added in 2003.
and Stony Point Fashion Park
, the latter also a Taubman property. In 2008, it had the second-lowest vacancy rate of any shopping center in Richmond.
Shopping mall
A shopping mall, shopping centre, shopping arcade, shopping precinct or simply mall is one or more buildings forming a complex of shops representing merchandisers, with interconnecting walkways enabling visitors to easily walk from unit to unit, along with a parking area — a modern, indoor version...
in Richmond, Virginia
Richmond, Virginia
Richmond is the capital of the Commonwealth of Virginia, in the United States. It is an independent city and not part of any county. Richmond is the center of the Richmond Metropolitan Statistical Area and the Greater Richmond area...
, USA. Opened in 1975, the mall features more than 100 tenants, including four anchor store
Anchor store
In retail, an anchor store, draw tenant, anchor tenant, or key tenant is one of the larger stores in a shopping mall, usually a department store or a major retail chain....
s JCPenney, Sears, Macy's North, and Macy's South
Macy's South
Macy's Central, with its divisional flagship store at Lenox Square, and headquartered in Atlanta, Georgia, is a division of Macy's, Inc.. It has stores in Alabama, Georgia, Kentucky, Louisiana, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas, and Virginia.Following Federated's...
as well as a food court
Food court
A food court is generally an indoor plaza or common area within a facility that is contiguous with the counters of multiple food vendors and provides a common area for self-serve dining. Food courts may be found in shopping malls and airports, and in various regions may be a standalone development...
. The mall is owned and managed by Taubman Centers
Taubman Centers
Taubman Centers is an owner of United States upscale regional malls and has headquarters in Bloomfield Hills, Michigan. The Taubman Asia subsidiary is headquartered in Hong Kong. It has the highest selling portfolio of malls in any mall company in the United States.Taubman was founded in 1950 by...
.
History
Regency Square opened in 1975. At the time, its anchor stores comprised JCPenney, Sears, Miller & RhoadsMiller & Rhoads
Miller & Rhoads was a Virginia-based department store chain. Throughout its 105 year life-span, the store played an active role in the Richmond community, along with its friendly cross-street rival Thalhimers.- Origins :...
and Thalhimer's
Thalhimer's
Thalhimers was a department store in the Southern United States. Based in Richmond, Virginia, the venerable chain at its peak operated dozens of stores in Virginia, North Carolina, South Carolina, and one store in Memphis, Tennessee....
. Besides the addition of a food court
Food court
A food court is generally an indoor plaza or common area within a facility that is contiguous with the counters of multiple food vendors and provides a common area for self-serve dining. Food courts may be found in shopping malls and airports, and in various regions may be a standalone development...
in 1987, the mall remained largely unchanged. After Miller & Rhoads closed in 1990, Hecht's bought the location, along with three other former Miller & Rhoads stores in Virginia, and converted it to a Hecht's. Two years later, the Thalhimer's chain was also acquired by Hecht's, and as a result, the Thalhimer's became a second Hecht's location.
Taubman Centers
Taubman Centers
Taubman Centers is an owner of United States upscale regional malls and has headquarters in Bloomfield Hills, Michigan. The Taubman Asia subsidiary is headquartered in Hong Kong. It has the highest selling portfolio of malls in any mall company in the United States.Taubman was founded in 1950 by...
acquired the Regency Square mall in 1997. A children's play place was added in 2003.
Competition with other malls
Regency Square faced additional retail competition in 2003, when two other malls opened nearby: Short Pump Town CenterShort Pump Town Center
Short Pump Town Center is located in Henrico County, Virginia on Broad Street, approximately 1 mile west of I-64 Exit 178A/B. This area of Henrico County is called The West End and is northwest of Richmond. Short Pump Town Center is a two-level, open-air retail center composed of upscale stores....
and Stony Point Fashion Park
Stony Point Fashion Park
Stony Point Fashion Park is an upscale outdoor center in Richmond, Virginia that opened in 2003. It is owned and managed by Taubman. Anchor stores include Dick's Sporting Goods, Dillard's, Saks Fifth Avenue and CineBistro....
, the latter also a Taubman property. In 2008, it had the second-lowest vacancy rate of any shopping center in Richmond.