Collin Creek Mall
Former shopping mall in Plano, Texas From Wikipedia, the free encyclopedia
Collin Creek Mall was a regional shopping mall in Plano, Texas. The two-level, 1.1-million-square-foot (100,000 m2) structure was built in 1981 and was located on the western side of North Central Expressway (US 75) near President George Bush Turnpike. The mall's name was a combination of Collin County and Spring Creek, the latter of which it was built on top of.
 Central atrium in 2019 | |
 | |
| Location | Plano, Texas, U.S. |
|---|---|
| Address | 811 N. Central Expressway Plano, TX 75075 |
| Opening date | July 29, 1981 |
| Closing date | July 31, 2019 |
| Developer | Federated Stores Realty |
| Owner | Centurion American Development Group |
| No. of stores and services | 130 |
| No. of anchor tenants | 5 |
| Total retail floor area | 1,100,000 square feet (100,000 m2) |
| No. of floors | 2 |
| Website | collincreekmall.com (2016 archive) |
In 2019, following years of decline, competition from newer malls, and several ownership changes, the mall was closed for redevelopment.[1] The structure has since been partially demolished, with the former atrium and wings set to be used as part of a $1 billion mixed-use development.[2]
Collin Creek Mall was built by Federated Stores Realty, the real-estate arm of department store chain Federated Department Stores, as a regional mall that would serve Collin County communities along North Central Expressway.[3] Construction included the installation of three 2,400-foot (730 m) culverts that carried Spring Creek under the structure.[4] The mall opened on July 29, 1981.[5]
At opening, the mall's center court included a 300-foot (91 m) indoor creek with a waterfall, fountains, and shrubbery. Surrounding the creek was The Village Walk, an 18,000-square-foot (1,700 m2) section of smaller, locally-owned shops,[6] as well as The Patio, a food court.[7] The center court was remodeled in 1992,[8] which removed the Village Walk, replaced the creek with a smaller fountain, and renamed the food court to The Terrace.[9]
In 1995, real estate firm The Rouse Company purchased a 30% stake in the mall and took over mall management.[10] Rouse assumed full ownership of the mall in 2002.[11] In 2008, the mall underwent a renovation.[12]
In 2011, General Growth Properties (which had acquired The Rouse Company in 2004) spun off 30 underperforming properties, including Collin Creek, into a new company, Rouse Properties.[13] The mall's underperformance was attributed to competition with newer shopping centers such as Stonebriar Centre.[14] In 2012, the city of Plano offered Collin Creek a $600,000 grant for renovations.[14]
In 2014, Rouse designated Collin Creek as a "special consideration asset", which signaled that the mall might be foreclosed. A report by analysis firm Trepp stated the mall had not made a profit since 2011.[15] The following year, the mall was sold to its lender, Midland Loan Services (a division of PNC Financial Services) for $57.6 million.[16]
In 2018, the mall property was sold to developer Centurion American, which planned to substantially redevelop the mall into a mixed-use development.[17] The mall held a farewell celebration on July 26, 2019,[18] and it closed on July 31.[19]
Sears
A Sears department store and accompanying Sears Auto Center opened with the mall on July 29, 1981.[5]
In December 2018, following a bankruptcy filing, Sears Holdings announced the sale of 505 locations, including the Collin Creek Mall location.[20] The store was purchased by mall owner Centurion American and closed in March 2019 to allow for redevelopment.[21][22]
Dillard's
A Dillard's department store opened with the mall on July 29, 1981.[5] The store was the third Dillard's to be built in the area, following those at Valley View Center and Richardson Square Mall.[23]
On October 7, 2013, Dillard's announced that its Collin Creek location would close by January 2014.[24] The store never reopened and was demolished as part of the mall's redevelopment.
Lord & Taylor/Mervyn's/Amazing Jake's
Lord & Taylor opened on October 5, 1981, several months after the rest of the mall. The store was the third Lord & Taylor to open in the Dallas area.[25]
In April 1990, Mervyn's purchased the store for an undisclosed sum, intending it as a larger replacement for its existing Plano store.[26] The store was closed for renovation and re-opened in October.[27] The store was closed in 2006 when Mervyn's exited the North Texas area.[28]
In December 2007, Collin Creek management announced the beginning of construction for Amazing Jake's Food and Fun, a family entertainment center and buffet restaurant, in the former Mervyn's space.[29] Amazing Jake's opened on July 11, 2008.[30] The center closed on April 1, 2019 in anticipation of the mall's closure.[31]
JCPenney
While JCPenney was announced as an anchor tenant at the mall's opening,[5] the store itself did not open until July 29, 1983.[32] The store was a prototype for a major repositioning by JCPenney, which moved the chain's focus to contemporary fashion, leisure, and home furnishings.[32]
JCPenney did not close with the mall, as it owned the land under the store. Initial plans for the site's redevelopment included a new store for the chain.[1] However, on August 18, 2020, shortly after JCPenney filed for bankruptcy protection, it was announced that the store would close by November 2020.[33] The 10.6-acre site was sold to Centurion American, the company heading the mall's redevelopment, for $15 million.[34]
Sanger–Harris/Foley's/Macy's
The mall's southernmost anchor was opened as a Sanger–Harris department store on October 20, 1980, ten months prior to the mall itself opening.[35] The store was converted to a Foley's in 1987 when the two chains were merged.[36] On September 9, 2006, the store was converted to a Macy's as part of a nationwide rebranding initiative by owner Federated Department Stores.[37] The store closed on March 31, 2017.[38]
Like most Sanger–Harris locations, entrances to the store were marked with four-story marble columns and an abstract tile mosaic.[39] Initial plans for the mall's redevelopment called for the mosaics to be preserved, but this was abandoned when it was discovered that they contained asbestos.[40]
In early 2018, developer Sam Ware of Dreien Partners (who had previously developed the Legacy West project in northwest Plano) announced a $1 billion plan to revitalize the site. The plan would remove a significant portion of the mall's northern wing and replace much of its parking lot with office space, residences, restaurants, and green space. It would also add a synthetic river (loosely following Spring Creek, which the mall's parking lot was built on top of), which would be lined with retail space, similar to the San Antonio River Walk.[41] The city of Plano, which was involved in the project, intended to promote the site as a potential location for Amazon HQ2.[42] However, the plan fell through due to a conflict between Dreien and its lender which caused the company's purchase agreements to expire.[43][44]
Later that year, the property was acquired by Centurion American Development Group.[17] Centurion American offered a similar redevelopment proposal, which consisted of a residential district, two office buildings, a hotel, a concert venue, an underground parking garage, and several restaurants.[44] Unlike Dreien's proposal, Centurion American's would preserve both wings of the mall, but it did not include a water feature.[2] The mall was closed in July 2019 to allow for construction.[19]
A groundbreaking for the new development was held on September 24, 2021.[45] The development included a municipal project to install a sanitary sewer and to reinforce the culverts carrying Spring Creek.[4][46] As of July 2024[update], the project's infrastructure is complete, two apartment buildings have started construction,[47] and single-family residences are expected to be available by the end of the year.[46][48]
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