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Arden Fair

Arden Fair
Arden Fair Mall main entrance
Map
LocationSacramento, California, United States
Coordinates38°36′05″N 121°25′37″W / 38.60137°N 121.42697°W / 38.60137; -121.42697
Opening date1957
DeveloperPhillip Heraty and William Gannon[1]
ManagementCentennial Real Estate Company
OwnerFulcrum Property
No. of stores and services150[2][3]
No. of anchor tenants2
Total retail floor area1,108,852 square feet (103,015.7 m2)
(GLA)[2][3]
No. of floors2 (3 in JCPenney, Macy's, and Parking Garage)
Websiteardenfair.com

Arden Fair is a two-level regional shopping mall located on Arden Way in Sacramento, California, United States. It consists of over 150 tenants, encompassing over 1,100,000 square feet (100,000 m2) of retail space.[2][3] The mall features the traditional retailers Macy's and JCPenney as anchor stores. It is locally owned by Fulcrum Property and operated by Centennial Real Estate Company.

History

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Arden Fair was originally built in 1957 as a single-level outdoor mall with Sears as the original anchor, despite being physically separated from the rest of the mall.[4] Hale's, the second original anchor, opened four years later in 1961, which was later converted to Weinstock's. By the 1970s, Arden Fair was converted into an indoor mall.[5]

In 1989, Homart Development completed a major structural renovation and physical face-lift of the mall, which more than doubled its size. It added a second story, a food court, and brought the first Nordstrom department store to Sacramento. The old Sears building was gutted as part of the expansion, and Sears was relocated to a new building that finally connected the store to the mall. In 1994, JCPenney opened up as the mall's fourth anchor, replacing a United Artists movie theater that was relocated to Market Square at Arden Fair, an entertainment and retail complex next door to the mall (the movie theater was shuttered in 2019).[4] In 1996, Weinstock's was converted to the present-day Macy's as part of Federated Department Stores' (now Macy's, Inc.) acquisition of Broadway Stores, Inc in 1995.

In early 2004, KCRA-TV, the NBC affiliate in Sacramento, opened "The KCRA 3 Experience", an in-house studio that was located on the second floor of the mall where shoppers got a behind-the-scenes look of how a newscast was put together and a chance to be on TV. Over the years, Walt Gray, Patty Souza, Adrienne Bankert, and Eileen Javora broadcast the news every Monday-Friday at noon.[6] KCRA discontinued and closed the in-house studio in late 2008.[7]

In May 2020, Nordstrom, which also retains an outpost in nearby Roseville, announced plans to shutter the Arden Fair location along with several others as a direct result of the COVID-19 pandemic.[8]

In January 2021, Sears announced it would shutter as part of an ongoing decision to eliminate its traditional brick-and-mortar format.[9][10]

In August 2023, Fulcrum, the mall's owners, had purchased both the aforementioned vacant Nordstrom and Sears outposts with the primary intent of introducing a variety of new, modern national retailers.[11]

In April 2024, it was announced that Uniqlo and H&M would open their first Sacramento locations at Arden Fair, both of which opened in September 2024. The Arden Fair location is H&M's first in the city of Sacramento and the third in the Sacramento area, with pre-existing stores in Folsom and Roseville. H&M replaced spaces vacated by Loft, New York & Company and longtime tenant Lane Bryant, which had operated in the same spot since the 1960s.[12][13]

On June 17, 2024, Fulcrum transferred management duties of Arden Fair from Macerich to Dallas-based Centennial Real Estate Company.[14]

References

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  1. ^ "Broadway-Hale plans $5,000,000 Arden Way store". The Sacramento Bee. May 21, 1958. pp. A1. Retrieved January 16, 2020.
  2. ^ a b c "Macerich - Center Details: Arden Fair Mall". Archived from the original on December 22, 2008. Retrieved December 15, 2008.
  3. ^ a b c "Arden Fair - Leasing Opportunities". Arden Fair Mall. Macerich. Archived from the original on December 22, 2008. Retrieved December 15, 2008.
  4. ^ a b "Arden Fair Mall - Leasing Info". Archived from the original on April 8, 2004. Retrieved December 15, 2008.
  5. ^ "MALL HALL OF FAME - Arden Fair Center". Retrieved February 10, 2009.
  6. ^ "KCRA 3 Station History". KCRA-TV. Archived from the original on September 28, 2007. Retrieved December 15, 2008.
  7. ^ "Where shopping comes first". Sacramento Bee. September 11, 2008. Retrieved January 5, 2009. [dead link]
  8. ^ Stanton, Sam (May 7, 2020). "Exclusive: Nordstrom permanently closing Sacramento mall store as COVID-19 hammers economy". The Sacramento Bee. Retrieved May 7, 2020.
  9. ^ Bizjak, Tony (February 3, 2021). "Sears will close Arden Fair mall store, hit by e-commerce competition and COVID-19". Sacramento Bee.
  10. ^ "Sears and Kmart closing more stores. Is your location closing in 2021? See the updated closure list". USA Today.
  11. ^ Abbot, Jake (August 8, 2023). "Arden Fair owners purchase anchor space formerly occupied by Sears". Sacramento Business Journal. Retrieved June 26, 2024.
  12. ^ "Uniqlo, H&M coming to Arden Fair Mall". ABC 10. April 5, 2024. Retrieved June 29, 2024.
  13. ^ Armstrong, Lance (January 14, 2010). "Arden Fair Mall has grown, evolved with the times". Valley Community Newspapers. Archived from the original on November 11, 2020.
  14. ^ Abbot, Jake (June 7, 2024). "New management and leasing team set to take over operations at Arden Fair mall". Sacramento Business Journal. Retrieved June 26, 2024.
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