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Stoneridge Shopping Center is a major regional shopping center located in Pleasanton, California. The center is managed and co-owned by Simon Property Group, and is anchored by JCPenney, Macy's in two separate locations, Nordstrom and Sears.
[edit] History
The mall opened in 1980 and is part of the larger Stoneridge master planned neighborhood originally developed by Stoneson Development Corporation, whose founders also developed Lakeside Village and Stonestown Galleria in nearby San Francisco after World War II.
However, the mall itself was developed by A. Alfred Taubman, who also developed several other shopping malls in the East Bay Area, including Eastridge Mall in San Jose, Hilltop Mall in Richmond and Sunvalley Mall in Concord.[3] The original anchor tenants were Macys, Emporium-Capwell, and JCPenney. Nordstrom opened a store in 1990, the same year Emporium-Capwell dropped the double-barrelled name and became simply Emporium. However in 1996, Emporium was merged with Macy's, which elected to keep both locations, configuring their original store for their women's departments and relocating their men's and home furnishings departments to the old Emporium. 1996 also saw the construction and opening of a Sears store.[4]
Ownership of Stoneridge was to change in the next few years as the Taubman shopping center interests, which had become a publicly traded real estate investment trust in 1992, were reorganized in 1998 and the GM Pension Trust assumed full-ownership of Stoneridge at this time, retaining Taubman Centers as manager.[5] In its turn, in 2004 the GM Pension Trust sold a half-interest in a portfolio of shopping centers, including Stoneridge to The Mills Corporation, which also assumed management of the center.
The Mills Corporation soon announced redevelopment plans to build a new Nordstrom store and multiplex theater, as well as converting the existing Nordstrom to mall retail space. As of 2007, these plans were on indefinite hiatus, pending Mills' financial troubles and announced sale to a joint venture led by Simon Property Group.
[edit] Anchor Stores
- JCPenney (143,834 ft²)
- Macy's Men's & Home (167,111 ft²)
- Macy's Women's (191,759 ft²)
- Nordstrom (161,000 ft²)
- Sears (177,930 ft²)
[edit] Other Stores
[edit] External links
