Medley Centre

From Wikipedia, the free encyclopedia

Medley Centre
Medley Centre
Facts and statistics
Location Irondequoit, New York
Opening date 1990
Developer Wilmorite Properties, Inc
Management Adam Bersin
Owner The Pyramid Companies
No. of anchor tenants 2
No. of floors 2
Website http://www.medleycentre.com/

Medley Centre (formerly Irondequoit Mall) is a shopping mall in Irondequoit, New York near Rochester.

Contents

[edit] History

The mall opened in 1990 as the Irondequoit Mall as a two floor shopping mall with 3 anchors: Sears, JC Penney, and Kaufmann's. In 1993, McCurdy's was added, which later became Bon-Ton. The mall did very well at first, with a variety of smaller, specialty stores unavailable elsewhere in the area. It started to decline in 1995, when 2 malls nearby, Greece Towne Mall and Long Ridge Mall, joined to become The Mall at Greece Ridge, and another area mall, Eastview Mall, expanded. The mall was also beset by the perception that it was prone to crime.

In 2003, JCPenney closed, and approximately 80 percent of the mall's non-anchor retail space was vacant. In 2005, Wilmorite Properties, Inc. sold the mall to a conglomerate headed by Adam Bersin, and the name of the mall changed to Medley Centre. Also in 2005, the mall got a new anchor, Steve and Barry's. In 2006 the mall got 2 new anchors: Macy's (replaced Kaufmanns), and Target (opening October 2006 in an exterior location). New stores are starting to come to the mall again.

It was announced on April 10, 2007 that Scott Congel, a principal with The Pyramid Companies of Syracuse, would purchase the mall for an undisclosed sum. Adam Bersin will remain to manage and help develop the property. The sale triggered speculation that the half-empty mall may be developed into a mixed use property.[1]

On May 13, 2008 Steve and Barry's announced that they would close their Medley Centre store by May 25 to move it to a new location at the West Gates Shopping Center. It was also learned by numerous members of the local media that the mall had filed with the Monroe County Clerks Office a 66,000 square foot lease agreement with Regal Entertainment Group for a first floor cinema complex, which has again triggered speculation on what the future holds for the property.[2]

[edit] Current anchors

  • Macy's- Opened 1990 as Kaufmann's, became Macy's in 2006. (127,068 sq. ft.)
  • Sears- Opened 1990. (110,691 sq. ft.)

[edit] Former anchors

  • Bon Ton- Opened 1993 as McCurdy's, closed in 1994, became Bon-Ton in 1995. (103,456 sq. ft.) Closed in May 2007.
  • JCPenney- Opened 1990, Closed 2003, became Steve & Barry's on upper level in 2005, may expand to lower level. (110,321 sq. ft.)
  • Kaufmann's- Opened 1990, Became Macy's in 2006. (127,068 sq. ft.)
  • McCurdy's- opened 1993, closed 1994, became Bon-Ton in 1995. (103,456 sq. ft.)
  • Steve & Barry's University Sportswear- Opened 2005 in upper level of former JC Penney. Closed 2008

[edit] Future anchors

  • Regal Cinemas- Opening to be announced in a first level space. (66,000 sq. ft.)

[edit] References

  1. ^ "Medley Centre Sold", Rachel Barnhart, WHAM-TV, 2007-04-10. Retrieved on 2007-04-10. 
  2. ^ "Steve and Barry's closing shakes Irondequoit's Medley Centre", Deborah Alexander, Rochester Democrat and Chronicle, 2008-05-15. Retrieved on 2008-5-15. 

[edit] External links

[edit] See also