Rivergate Mall

From Wikipedia the free encyclopedia

This article is about the mall in Tennessee. For other uses, see Rivergate.
Rivergate Mall
Rivergate Mall in 2009
Map
LocationGoodlettsville, Tennessee, United States
Coordinates36°18′11″N 86°41′52″W / 36.302918°N 86.697901°W / 36.302918; -86.697901
AddressI-65 at Rivergate Pkwy, 1000 Rivergate Parkway
Opening dateOctober 6, 1971; 53 years ago (1971-10-06)
ManagementHendon Properties
No. of stores and services80 stores
No. of anchor tenants4 (2 open, 2 vacant)
Total retail floor area1,129,035 square feet (104,890.8 m2)
(GLA)
No. of floors1 (3 in Dillard's, 2 in JCPenney)
Websiterivergate-mall.com

Rivergate Mall is a super-regional shopping mall located in Goodlettsville, Tennessee, United States, just outside of Nashville, the state capital of Tennessee. Opened in October 1971, the mall features 1,129,035 square feet (104,890.8 m2) of gross leasable area, with approximately 80 stores and restaurants, as well as a food court. Rivergate Mall has two anchor stores: Dillard's and JCPenney. There are two vacant anchor stores that were formerly Macy's and Sears. Its original anchor stores were Cain-Sloan, Castner Knott, and JCPenney. The mall sits in the core of a shopping district that is shared by the city of Goodlettsville and the Nashville neighborhood of Madison. This area is colloquially referred to by locals as "Rivergate," after the mall. Rivergate Mall is managed by Hendon Properties.

History

[edit]

1970s to 1980s

[edit]
Cain-Sloan at the mall's opening, 1971

Rivergate Mall was built by Retail Planning Corporation, an Atlanta-based mall developer, just outside the state capital of Nashville, Tennessee within Goodletsville along Two Mile Pike.[1][2] The mall officially opened on October 6, 1971.[3] Upon its opening, Rivergate Mall became the largest mall in Tennessee, a title it would hold until the opening of Hickory Hollow Mall in 1978. The mall originally included three anchor stores: Cain-Sloan, Castner Knott, and JCPenney.[4] Other major tenants at opening included Jo-Ann Fabrics, McCrory, and Walgreens.[5] The mall's first expansion phase opened in November 1978, with a new parking area and 55,000 square feet (5,100 m2) of retail space, which included 22 stores and 74 supporting shops.[6] Journeys opened their first location in the mall in December 1986.[7] Cain-Sloan sold its store to Dillard's in 1987, as a part of deal which included the sale of three Nashville-area locations.[8] A wing featuring Sears, dozens of new parcels, and a food court was added in 1989.

1990s to 2000s

[edit]

During a tornado outbreak on May 18, 1995, part of the Rivergate Mall's roof collapsed, injuring more than a dozen people.[9] The mall was sold to CBL Associates & Properties for $247 million in June 1998.[10] In August of that year, Proffitt's purchased five Nashville-area Castner Knott's from Dillard's. Dillard's had acquired Castner Knott's through their purchase of the parent company Mercantile Stores Company.[11] With the threat of competition from nearby Opry Mills, CBL renovated the mall in 1999, adding new carpeting and a new entranceway.[12] Proffitt's sold its store to Hecht's in March 2001 as part of a deal to sell off nine locations.[13] Linens 'n Things opened a store at the mall in 2003.[14] In 2006, Macy's replaced Hecht's after Federated Department Stores, now Macy's Inc, purchased Hecht's parent company May Department Stores.[15] By 2008, the Streets of Indian Lake was nearing completion in nearby Hendersonville, attracting many upscale retailers, causing a decline in shoppers at the mall.[16] Incredible Dave's, a restaurant and entertainment center, replaced a mall wing in 2012, but closed in 2014.[17]

2010s to present

[edit]

In 2013, CBL sold three of their malls, including the Rivergate Mall, to an offshore investor for $176 million.[18] The new owner leased the malls to Atlanta-based Hendon Properties.[19] An 11,695-square-foot Guitar Center opened in the mall in the spring of 2017, while existing tenant, teen apparel retailer rue21, opened a larger store with an additional 2,600 sq ft (240 m2) in the summer of 2017. Another existing tenant, shoe retailer Foot Locker, added a new store with an additional 1,000 sq ft (93 m2) in the fall of 2017.[20] Sears closed its store at the mall in March 2019 as part of a plan to close 80 locations nationwide.[21] Following the closure of Macy's in 2020,[22] the anchor store's space was sold to Urban Story Ventures for $4 million, however the group did not announce any redevelopment plans for the space.[23] Rivergate Mall was listed for sale for an undisclosed price in March 2024.[24]

References

[edit]
  1. ^ Cason, Albert (May 2, 1971). "Rivergate Reports Leases for 60% of Space". The Tennessean. Gannett. Retrieved October 17, 2021.
  2. ^ "RiverGate Mall". The Tennessean. Gannett. October 6, 1971. Retrieved October 17, 2021.
  3. ^ "Nashville, Tennessee and Middle TN in October 1971: 50 years ago". The Tennessean. Gannett. October 10, 2021. Retrieved October 17, 2021.
  4. ^ "Castner's Seventh And Largest Store". Tennessean. October 6, 1971. p. 49.
  5. ^ "40 Stores Set Opening At Rivergate". The Tennessean. Gannett. October 6, 1971. Retrieved October 17, 2021.
  6. ^ "The Bigger, Better Rivergate Mall". The Tennessean. Gannett. November 16, 1978. Retrieved March 7, 2022.
  7. ^ Williams, William (April 11, 2016). "Journeys' Jim Estepa wears the latest fashion". NashvillePost.com. F.W. Publishing. Retrieved October 18, 2021.
  8. ^ "A century of downtown retail". The Tennessean. Gannett. January 12, 1996. Retrieved October 18, 2021.
  9. ^ "Tornadoes rake Tennessee; 3 dead". United Press International. May 18, 1995. Retrieved February 5, 2022.
  10. ^ "Rivergate, Hickory Hollow malls sold to CBL". American City Business Journals. Advance Publications. June 24, 1998. Retrieved October 27, 2021.
  11. ^ "Proffitt's buys Nashville Castner Knott stores". American City Business Journals. Advance Publications. August 3, 1998. Retrieved October 27, 2021.
  12. ^ Johnson, Denise (September 19, 1999). "What, me worry?". American City Business Journals. Advance Publications. Retrieved October 27, 2021.
  13. ^ "Proffitt's stores closed last night". The Tennessean. Gannett. March 16, 2001. Retrieved October 28, 2021.
  14. ^ "Linens N' Things to open in Rivergate next week". American City Business Journals. Advance Publications. May 20, 2003. Retrieved October 18, 2021.
  15. ^ Sluzewski, Jim (January 11, 2006). "Area Hecht's to become Macy's". American City Business Journals. Advance Publications. Retrieved November 2, 2021.
  16. ^ Burns, Jenny (January 20, 2008). "Rivergate ready for Indian Lake competition". American City Business Journals. Advance Publications. Retrieved February 7, 2022.
  17. ^ Snyder, Eric (September 29, 2009). "Incredible Dave's headed to Nashville's Rivergate Mall". American City Business Journals. Advance Publications. Retrieved October 18, 2021.
  18. ^ Snyder, Eric (September 3, 2013). "RiverGate Mall Sold". American City Business Journals. Advance Publications. Retrieved October 27, 2021.
  19. ^ "Chattanooga-based CBL sells three malls". WRCB. September 3, 2013. Retrieved October 27, 2021.
  20. ^ "Guitar Center to open in RiverGate Mall". The Tennessean. June 2, 2016. Retrieved December 27, 2016.
  21. ^ Thomas, Lauren (2018-12-28). "Sears is closing 80 more stores in March, faces possible liquidation". CNBC. Retrieved 2018-12-28.
  22. ^ Mojica, Adrian (January 6, 2020). "Macy's Rivergate Mall location to close, clearance sale begins this month". WZTV. Retrieved October 18, 2021.
  23. ^ Williams, William (August 11, 2020). "Ex-Macy's property sells for $4M". NashvillePost.com. F.W. Publishing. Retrieved November 2, 2021.
  24. ^ Smith, Nickelle (March 13, 2024). "RiverGate Mall up for sale in Goodlettsville". WKRN-TV. Retrieved September 26, 2024.
[edit]
Records
Preceded by Largest mall in Tennessee
1971–1978 		Succeeded by
Retrieved from "https://en.wikipedia.org/w/index.php?title=Rivergate_Mall&oldid=1252945055"