Santa Fe Place

Santa Fe Place
Coordinates 35°38′40″N 106°00′33″W / 35.644479°N 106.009048°W / 35.644479; -106.009048Coordinates: 35°38′40″N 106°00′33″W / 35.644479°N 106.009048°W / 35.644479; -106.009048
Address 4250 Cerrillos Road
Santa Fe, New Mexico 87505
Opening date July 31, 1985
Developer Herring Marathon
Management Spinoso Group
No. of stores and services 80
Total retail floor area 569,500 square feet (52,910 m2) [1]
No. of floors 1
Website www.shopsantafeplace.com

Santa Fe Place is an enclosed shopping center in Santa Fe, New Mexico. Formerly named Villa Linda Mall, Santa Fe Place is one of two enclosed malls in Santa Fe. Santa Fe Place is the largest mall in Northern New Mexico, and fourth in the state.

History

1985-2011

Developed by Herring Marathon Group, Villa Linda Mall opened in 1985.[2]

The mall changed hands frequently around the turn of the century. Its ownership changed from First Union in 1997 to Zamias Services, Inc. in 1999,[3] then to General Growth Properties in 2001.

After being purchased by Greenfield and Associates in fall 2004,[4] the mall underwent a $10 million renovation that included a new roof. The mall celebrated its grand opening as Santa Fe Place in November 2005.[5]

Babcock & Brown purchased the mall in 2007.[6] Trademark Property purchased the mall in 2010.

Present

The Property is currently leased and managed by Spinoso Real Estate Group. Ownership is undertaking significant renovations and upgrades during 2014-15.[7]

Stores

The mall's present anchor stores are JCPenney, Dillard's, Sports Authority, and Sears. One of the original anchor stores, Bealls, closed in 1989 to make way for the northern United Artists theater, which opened in 1991.[3] Mervyn's was also one of the original anchors, but closed in 2008 due to bankruptcy. Sports Authority took Mervyn's former location in 2013. Around that same time Shoe Pavilion also went bankrupt, leaving a large vacant location. JCPenney moved from Santa Fe's first mall, De Vargas Center, Sears moved from its Downtown location. In 2011, United Artists North, then known as the only "discount theater" in Santa Fe, closed.[8]

Name Changes

The mall has included a series of name changes since its grand opening. In 2005, the "Villa Linda Mall" changes to the "Santa Fe Place," which met negative criticism within the community. Since its name change, Trademark Property Co. planners had suggested changing the name yet again to "Las Ramblas," after the street of the same name.[9]

Food Court

Originally the food court at the Santa Fe Place was named El Mercado. The food court hosted 12 restaurants, an arcade and the United Artists South movie theater. After changing management, El Mercado was changed to The Market, El Mercado in English. The food court was renovated. The Market can house 6 restaurants, due to Foot Action occupying the other half of the court. When renovated, the seating area was leveled.

Anchors

Current

Former

References

  1. ↑ "Jones Lang LaSalle Awarded Three New Retail Assignments Totaling More Than Two Million Square Feet". 2004-11-03.
  2. ↑ Brown, Steve (1988-03-20). "MALL IN THE MAKING; Developer knows there's a long road to Vista Ridge". Dallas Morning News. Newsbank document ID 0ED3CFE2A79177D1. Herring Marathon Group's Villa Linda Mall in Santa Fe, opened in 1985, has an elaborate central court.
  3. 1 2 Yodice, James (1999-08-30). "Movies Moving In". Albuquerque Journal. First Union [Real Estate Investments] is in the process of selling Villa Linda Mall to Pennsylvania-based Zamias Services Inc., a sale expected to be completed by late this year.
  4. ↑ Kamerick, Megan (2005-04-15). "Santa Fe, Las Cruces malls undergoing refurbishments". New Mexico Business Weekly.
  5. ↑ Quick, Bob (2005-11-15). "New name, new look". Santa Fe New Mexican.
  6. ↑ Quick, Bob (2008-01-15). "Year in review: Thornburg's close call no. 1 2007 story". Santa Fe New Mexican. Santa Fe Place, formerly Villa Linda Mall, also was sold and now is owned by Babcock and Brown, a global investment company based in Sydney.
  7. ↑ http://www.shopsantafeplace.com/leasing/
  8. ↑ Gutierrez, Crystal (2011-11-26). "Cinema closing could cost regulars;". KRQE News.
  9. ↑ http://www.trademarkproperty.com/news/2011-05-08/face-lift-santa-fe-place

External links

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