Location | Toledo, Ohio, United States |
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Coordinates | 41°43′31″N 83°32′30″W / 41.725395°N 83.541567°WCoordinates: 41°43′31″N 83°32′30″W / 41.725395°N 83.541567°W |
Opening date | 1980 |
Closing date | 2005 |
Developer | Simon Property Group |
No. of stores and services | 50+ when open |
No. of anchor tenants | 3 (all vacant) |
Total retail floor area | 758,000 square feet (70,420.5 m2) |
No. of floors | 1 (2 in anchors) |
North Towne Square Mall was a shopping mall in Toledo, Ohio, United States. It opened in 1980 on the north side of Toledo, adjacent to the Michigan state border. Originally, the mall featured three major anchor stores, as well as several shops and restaurants, plus a movie theater. Changes in demographics and consolidations of anchor stores over time caused the mall to decline. By 2005, it was closed off except for a fitness center operating out of the former Montgomery Ward store, which is still in operation as of December, 2014.
North Towne Square was developed in 1980 by Simon Property Group of Indianapolis, Indiana. The mall was located on the north side of Toledo, on Telegraph Road (US-24), less than a mile from the Michigan/Ohio state line. Originally, its anchor stores included two local department stores, Lasalle's and The Lion Store, as well as Montgomery Ward. After only two years in business at North Towne Square, Lasalle's began operating under the Macy's name. R.H. Macy & Co., which had owned Lasalle's since 1923, sold their Toledo area stores to Dayton's Elder-Beerman in 1984.
Because of its proximinty to the Michigan border, the mall drew customers from southeastern Michigan as well. The 1988 opening of Frenchtown Square Mall in Monroe, Michigan significantly reduced the amount of traffic coming from Michigan to North Towne. Expansions at Franklin Park Mall and a declining economy in Toledo, both factored into North Towne Square's demise as well. Many of North Towne Square's chain tenants moved to Franklin Park or Frenchtown Square, being replaced by local stores.
Elder-Beerman filed for Chapter 11 bankruptcy in 1995. As a condition of emerging from bankruptcy, Elder Beerman reduced operations at its North Towne store: first closing off the store's restaurant, and then by converting the upper level to a clearance center before the store was closed in 1997. Two years later, Dillard's acquired all of The Lion Store's locations in Toledo and converted them to the Dillard's name. Two years later, Dillard's closed as well, leaving the mall with only a single anchor store. The mall's movie theater complex was also closed by the early 2000s. Montgomery Ward closed its store at North Towne Square in 2002 as a result of Ward's bankruptcy.