Karcher Mall

Karcher Mall

The main entrance in 2006
Location Nampa, Idaho
Opening date August 26, 1965
Developer Max Boesiger
Management Colliers International
Owner Milan Properties, Inc.
No. of stores and services 28
No. of anchor tenants 5 (one vacant)
Total retail floor area 545,000 square feet (50,600 m2)

Karcher Mall is an enclosed shopping mall located in Nampa, Idaho, U.S.. The mall opened in August 1965 with Buttrey Food & Drug, Rasco-Tempo, and Skaggs Drug Centers as anchor stores. The mall was the largest shopping center in the Treasure Valley until 1988 when the Boise Towne Square Mall was opened in Boise. The new mall directed traffic away for the Karcher Mall and several retailers, including 20-year-old anchor JCPenney, departed the mall to move to Boise. Since then, the mall has been sold to numerous owners, each of which attempted to revitalize the mall to mixed results. Today, the mall has 28 stores, including anchor stores Burlington Coat Factory, Discount Furniture, Jo-Ann Fabrics, and Ross Dress for Less, and is owned by Milan Properties, Inc.

History

The exterior of the mall's now-vacant Macy's store.

Daum Industries began construction on a former alfalfa field located at the intersection of Karcher Road and U.S. Highway 30 in 1963.[1] The mall was completed and opened on August 26, 1965[2] with anchor stores Buttrey Food & Drug, Rasco-Tempo, and Skaggs Drug Centers.[1] During 1967, Daum Industries persuaded JCPenney to open a department store at the two-year-old shopping center.[3] In March 1967, construction on a $3.5 million expansion of the shopping mall began, with a finish date set for March 1968.[4] The new expansion added 259,000-square-foot (24,100 m2) of new retail space to the shopping center, including the new two-level JCPenney store.[4] Following the opening of the new Karcher Mall store, JCPenney shuttered four nearby stores in downtown Nampa, Caldwell, Emmett, and Payette.[3]

The mall was expanded even more in August 1973, adding two more department stores, including Boise, Idaho-based Falk's I.D. Store and Seattle, Washington-based The Bon Marché, and a two-screen theater, Karcher Twin Theaters.[1] A free-standing Ernst hardware store was added in late 1976.[1] In 1986, Karcher Mall featured 74 businesses when it was sold from Daum Industries to Los Angeles-based Standard Management Co. for about $14 million. During the same year, Falk's I.D. Store shut its remaining 55 stores.[5] Falk's I.D. Store sold two locations, including the store at the mall, to Anthony's.[5] In 1987, the mall underwent a $1 million renovation.

Decline

In October 1988, Boise Towne Square opened in nearby Boise. Karcher Mall lost its biggest retailer, when JCPenney store closed its 20-year-old location to relocate to the new mall.[6] The mall was able to quickly fill the vacant space with a Troutman's Emporium store occupying the lower level, with the upper level being used for warehouse space.[1] Meanwhile, Sears relocated its aging Caldwell store to the Karcher Mall in 1990; the store only featured appliances and garden equipment. In 1993, the mall had over 70 tenants including five anchor stores, The Bon Marché, Emporium, The Hub Clothing, Sears and Woolworth.[7]

During the 1990s, the mall lost four anchor stores including PayLess Drug, Ernst (November 1996[1]), Woolworth (July 1997[1]), and The Hub Clothing (1998[8]). In May 1998,[9] Karcher Partners LLC, composed of Tarrytown, New York-based DLC Management Corp. and Dallas, Texas-based Benton Companies, bought Karcher Mall for a reported $10.9 million.[1] In 1999, Karcher Partners LLC announced a $10 million renovation of the Karcher Mall that was started in September of that year.[1] The face lift of the declining shopping center included new storefronts, new flooring and lighting, and a new main entrance.[1] Initial plans for the renovation included adding a new anchor store into the upper level of Emporium, which had been used for warehouse space, and a food court; however, neither of these occurred.[1] During this period, the mall added Jo-Ann Fabrics & Crafts, Intermountain Sports,[10] and Liquidation World to fill the empty spaces left by PayLess Drug, Woolworth, and Ernst, respectively.

Despite the major renovations, the mall began losing more retailers and customers. The mall's movie theater was shut down in February 2000 after its owner, Reel Theatres, relocated to a larger movie theater across the street.[11] Short-lived anchor, Intermountain Sports left the mall abruptly in 2001,[12] though it was quickly replaced by variety retailer U.S. Factory Outlets by the end of the year.[13] Just one month after losing Intermountain Sports, Sears relocated to a newly constructed shopping center north of the Karcher Mall.[14]

In 2003, Emporium, the mall largest tenant, was forced to close after its parent company, the Troutman Company, couldn't secure a new financing package or sell the stores after a Chapter 11 bankruptcy filing in 2002.[15] Costco Wholesale, Home Depot, and other big-box chains expressed interest in space at the mall but were turned down as the chains had "unrealistic expectations as to what they could do with the mall."[16] Shortly after Emporium's closure, Big 5 Sporting Goods and Ross Dress for Less were added to the mall, but neither store included interior mall entrances.[16] In March 2004, the mall had 172,693-square-foot (16,043.7 m2) of empty retail space according to a real estate report released by Gunstream Commercial Real Estate.[16]

New owners; 2007 renovation

In 2004, Karcher Mall was sold to LB Nampa Mall Holdings LLC.[9] The new owners hired Jones Lang LaSalle, a real estate services firm with offices in Chicago, to manage the mall and help attract new retailers to fill the mall's many vacant stores.[9] In 2005, the mall was sold once more to Chicago-based Baum Bros. LLC and again two months later to Anaheim, California-based Milan Properties LLC.[17] Milan Properties announced plans to remodel the 40-year-old mall and fill the long-vacant Emporium anchor with a new department store.[17] Milan Properties also hoped that the new Interstate 84 Interchange and the new nearby Treasure Valley Marketplace would help bring more traffic to the mall.[17] In 2007, Burlington Coat Factory, filling the former Emporium space, was the first new major retailer added to the newly renovated mall.[18] In early 2008, clothing retailer Steve & Barry's replaced the former U.S. Factory Outlets store, which closed in 2005; however, 11 months later the store was closed when Steve & Barry's liquidated.[19]

During 2008, Macy's, which previously operated as The Bon Marché until 2003 and Bon-Macy's until 2005, announced plans to shutter its Karcher Mall location to relocate to the newly constructed Nampa Gateway Center in late 2009.[20] The new Macy's at the Nampa Gateway Center opened on October 17.[21] In September 2009, Northern Light Cinema Grill, an independently owned movie theater and restaurant, opened in the long-vacant Nampa Reel Theatres building.[22] In July 2014, Macy's announced the closure of the mall's clearance center.[23] In Spring 2016, Karcher Mall announced the opening of the new Mor Furniture for Less store, filling the former Macy's space.[24] Mor Furniture opened on June 16, 2016.

References

  1. 1 2 3 4 5 6 7 8 9 10 11 Tucker, John (July 18, 1999). "Can face lift change fortunes of struggling Karcher Mall". Idaho Statesman.
  2. ↑ "New Buttrey store to open Thursday in Karcher Mall". The Idaho Free Press. August 25, 1965.
  3. 1 2 Kruger, David Delbert (2010). "Idaho and the Development of the JCPenney Chain". Idaho Yesterdays.
  4. 1 2 "Ceremonies at the Karcher Mall". The Idaho Free Press. March 8, 1967.
  5. 1 2 "ID retail stores closing doors" (PDF). Times-News. August 8, 1986.
  6. ↑ Pewitt, Jana (October 11, 1988). "Farewell, downtown Boise: Era will end today for J. C. Penney". Idaho Statesman.
  7. ↑ "Karcher Mall advertisement". Idaho Press-Tribune Cavalcade 1993. February 26, 1993.
  8. ↑ "Texas retailer saunters in, buys The Hub". Kitsap Sun. April 27, 1998.
  9. 1 2 3 Volkert, Lora (June 7, 2004). "Karcher Mall gets new owners, new management firm". Idaho Business Review.
  10. ↑ Tucker, John (May 25, 2000). "Sports shop opens in Karcher Mall". Idaho Statesman.
  11. ↑ Martin, Steve. "8th Street theaters open with $1 movies". Idaho Business Review.
  12. ↑ Johncox, Martin (April 25, 2001). "Intermountain closes store". Idaho Statesman.
  13. ↑ Carlson, Brad (August 27, 2001). "Mall lands apparel/variety anchor". Idaho Business Review.
  14. ↑ Johncox, Martin (May 3, 2001). "Nampa-Caldwell Boulevard will get new shopping center". Idaho Statesman.
  15. ↑ Carlson, Brad (February 17, 2003). "The Emporium to close 4 clothing stores in the Treasure Valley". Idaho Business Review.
  16. 1 2 3 Volkert, Lora (March 22, 2004). "Nampa's Karcher still angles for an anchor". Idaho Business Review.
  17. 1 2 3 Volkert, Lora (September 19, 2005). "Karcher's new Calif.-based owner plans a taller mall". Idaho Business Review.
  18. ↑ Boegh, Lee Vander (2006-10-20). "Report: Burlington plans Karcher store". Idaho Press Tribune.
  19. ↑ "More chain stores to close". Idaho Statesman. November 29, 2008.
  20. ↑ Carlson, Brad (August 7, 2008). "Macy's Nampa store moving to Gateway". Idaho Business Review.
  21. ↑ "Edwards Theaters planned for Nampa Gateway". Idaho Business Review. 2009-10-16.
  22. ↑ Grigg, Dani (August 31, 2009). "Incoming movie theater/grill fights liquor laws". Idaho Business Review.
  23. ↑ "Macy's Clearance Center in Nampa to close". Idaho Press Tribune. July 16, 2014.
  24. ↑ "Mor Furniture store planned for Karcher Mall". Idaho Press Tribune. October 28, 2015.

External links

Coordinates: 43°36′05″N 116°36′04″W / 43.601279°N 116.601076°W / 43.601279; -116.601076

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