As a $1 billon redevelopment plan starts to materialize, it was announced this week that most of Tri-County Mall will be closed within the next month and a half.
“Although most of the tenants have vacated over the last few years, that process will be ongoing over the next several months – with many vacating by May 15, 2022,” said Michael VanHuss with Park Harbor Capital, a firm involved in the project.
VanHuss said that many of the exterior businesses and those on the property but in their own buildings will stay open. These include BJs, Mi Cozumel, Nail Perfection, Rainbow Apparel, Eyebrows, Champs Sports, Body Jewel, American Tower, Open Box, Starbucks, Chipotle, Outback Steakhouse and Men’s Warehouse.
Springdale approved the redevelopment plan for the mall site in December. With goals stretching out for the next decade, the developers plan to transform the site into an urban center.
VanHuss said there will be apartments, including some inside the old mall structure, some of which can be saved. Instead of a focus on retail, the site will focus on housing, entertainment, restaurants and eventually have educational resources as well, he said.
Phase one of the project which includes apartments, green spaces and other amenities is scheduled to be “substantially” completed by the end of 2025.