Laurel Park Place
| Location | Livonia, Michigan, USA |
|---|---|
| Opening date | 1989[1] |
| Developer | Schostak Bros. & Co. |
| Management | CBL & Associates Properties |
| Owner | CBL & Associates Properties |
| No. of stores and services | 74[1] |
| No. of anchor tenants | 2 |
| Total retail floor area | 506,685 sq ft (47,100 m2)[1] |
| No. of floors | 1 |
| Website | http://www.laurelparkplace.net/ |
Laurel Park Place is an enclosed upscale shopping mall located in the city of Livonia, a suburb of Detroit, Michigan, United States. The mall, which is managed by CBL & Associates Properties, features over 70 restaurants and stores, with Parisian and Von Maur as anchor stores. Laurel Park Place includes the Phoenix movie theaters, restaurants, a food court, the attached Livonia Marriott hotel, and an office tower. In 2004, Laurel Park Place had $409 per sq ft of sales, above the threshold for class A mall properties.[2] It is located near the intersection of I-275 and 6 Mile Rd.
[edit] History
Laurel Park Place was developed by Schostak Bros & Co. of Southfield, Michigan. The mall opened in 1989,[1][3] featuring a Marriott hotel, an office tower, with Ann Arbor, Michigan-based Jacobson's as its anchor store. This store was the largest Jacobson's in the chain.[4]
Parisian opened its first Michigan location at the mall in 1994.[5] Jacobson's declared bankruptcy and closed the last of its stores in 2002; their store at Laurel Park Place was replaced a year later by Von Maur.[6][7] CBL & Associates Properties acquired a 70% joint venture interest in the mall from Schostak Bros. & Co. in 2005.[3][8] Schostak has since moved its headquarters into Laurel Park Place's office complex.[9]
In 2007, Laurel Park Place was one of three Detroit-area shopping malls to install big-screen televisions throughout the mall, advertising businesses within the mall itself.[10] A food court was added next to the Marriott hotel in 2008.
[edit] References
- ^ a b c d Laurel Park Place fact sheet
- ^ CBL & Associates Properties Announces Closing on Acquisition of Laurel Park Place in Livonia, MI. BNET. Retrieved on July 4, 2009.
- ^ a b Laurel Park Place sold to developer
- ^ SEC Info - Marriott Diversified American Hotels LP · 10-12G · On 6/12/98
- ^ Parisian Opening Set At Laurel Park Place (Brief article)[dead link]
- ^ Two malls hit the market in suburban Detroit
- ^ Von Maur Moves In
- ^ CBL & Associates Properties Announces Closing on Acquisition of Laurel Park Place in Livonia, MI
- ^ Schostak moves offices to Livonia (Brief article)[dead link]
- ^ Mall TVs broadcast retailers' video ads
[edit] External links
|
||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||
Coordinates: 42°24′43.6″N 83°24′54″W / 42.412111°N 83.415°W
