On December 28, 2018, it was announced that Sears would be closing as part of a plan to close 80 stores nationwide. Namdar also is the owner of The Citadel (mall), the other enclosed shopping mall in Colorado Springs. It has been speculated that the loss of several prominent anchors (such as JCPenney, Gordmans, Old Navy, and Borders Books & Music) and the threat of losing others (most notably Sears) was a large contributing factor to a steep reduction in price. In April 2018, ownership of the mall changed hands again, being purchased by the Namdar Reality Group for $33.5 million, less than half of the mall's previous sale price only seven years prior. A partnership between Coyote Management LP of Dallas and Garrison Investment Group of New York purchased the mall for $71.5 million, $40.7 less than General Growth Properties owed on the mall. In June 2011, the mall transferred ownership for the first time in its history. General Growth Properties, which emerged from Chapter 11 bankruptcy in April 2009 announced to its stockholders that the Chapel Hills Mall, one of its "underperforming malls," would be turned over to its lender if not sold by summer. Dick's Sporting Goods opened a 50,000 sq ft (5,000 m 2) store in 2007, and that same year, Burlington Coat Factory took over the former Mervyn's location that had closed in early 2006. Woodley's Fine Furniture was located in a 22,313 sq ft (2,073 m 2) store until it moved to a larger 40,000 sq ft (4,000 m 2) store formerly occupied by Westwood Furniture in Erindale. In September 2006, Macy's replaced the Foley's location like every other department store chain owned by May Department Stores. Late in 2006, the ice arena was closed to make room for Dick's Sporting Goods. The climbing wall was closed down in 2005. The space JCPenney used was originally occupied by Service Merchandise. The 1998 renovation included an ice arena, climbing wall, and Borders Books & Music, as well as the addition of JCPenney, which closed in 2014. With an outstanding selection, easy-to-use. There are two vacant anchor stores that Burlington and Gordmans occupied before closing. 4 The anchor stores are AMC Theatres, Dick's Sporting Goods, Dillard's, H&M, and Macy's.
The mall opened in 1982, with renovations in 19. Orbitz makes it easy to find the best Chapel Hills Mall hotel deals for your trip. Chapel Hills Mall is an enclosed shopping mall located in Colorado Springs, Colorado, United States, with 562,733 square feet (52,280 m 2) of gross leasable area. It is a "super-regional mall" with 1,159,187 square feet (107,692 m 2) of gross leasable area. It is anchored by Dillard's, Macy's, Burlington Coat Factory, Dick's Sporting Goods and a 13-screen AMC movie theater. Posebne ponude, popusti, odmori i praznici u zoni Chapel Hills. It is a super-regional mall with 1,159,187 square feet (107,692. Hoteli i smjetaj u Chapel Hills Mall ili u blizini. Chapel Hills Mall is a shopping mall located in Colorado Springs, Colorado, United States. Chapel Hills Mall is a shopping mall located in Colorado Springs, Colorado, United States. Where to stay near Chapel Hills Mall Motel 6 Colorado Springs, CO Cheyenne Mountain Resort, A Dolce by Wyndham SCP Hotel Colorado Springs The Broadmoor.