Taubman Centers
From Wikipedia, the free encyclopedia
Taubman Centers is an owner of United States upscale regional malls and has headquarters in Bloomfield Hills, Michigan. The Taubman Asia subsidiary is headquartered in Hong Kong. It has the highest selling portfolio of malls (by Square Foot Sales) in any mall company in the United States.
Taubman was founded in 1950 by real estate pioneer A. Alfred Taubman. The company stock began trading on the New York Stock Exchange in 1992 (NYSE:TCO) as a Real Estate Investment Trust. Most of the malls developed by Taubman have a very similar interior design. Many feature an upscale, bright white color scheme with contemporary, geometric ceiling designs and skylights.
In May 2008, the company's website was redeveloped with new designs, including the new Taubman logo, which uses the same font but was unbolded.
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[edit] Currently owned/managed by Taubman
- Arizona Mills - Tempe, Arizona (50% equity stake, managed by Simon Property Group)
- Beverly Center - Los Angeles, California
- Charleston Place - Charleston, South Carolina
- Cherry Creek Shopping Center - Denver, Colorado
- Dolphin Mall - Miami, Florida
- Fair Oaks Mall - Fairfax, Virginia
- Fairlane Town Center - Dearborn, Michigan
- Great Lakes Crossing - Auburn Hills, Michigan
- International Plaza and Bay Street - Tampa, Florida
- MacArthur Center - Norfolk, Virginia
- The Mall at Millenia - Orlando, Florida (50% equity stake, managed by The Forbes Company)
- The Mall at Partridge Creek - Clinton Township, Michigan
- The Mall at Short Hills - Short Hills, New Jersey
- The Mall at Wellington Green - Wellington, Florida
- Northlake Mall - Charlotte, North Carolina
- The Pier Shops at Caesars - Atlantic City, New Jersey
- Regency Square - Richmond, Virginia
- The Shops at Willow Bend - Plano, Texas
- Stamford Town Center - Stamford, Connecticut
- Stony Point Fashion Park - Richmond, Virginia
- Sunvalley Shopping Center - Concord, California
- Twelve Oaks Mall - Novi, Michigan
- Waterside Shops - Naples, Florida (25% equity stake, managed by The Forbes Company)
- Westfarms - Farmington, Connecticut
- Woodfield Mall - Schaumburg, Illinois (no equity stake, management only)
[edit] Upcoming Centers
[edit] Taubman America
- The Mall at Oyster Bay - Syosset, New York (proposed)[1]
- City Creek Center - Salt Lake City, Utah
- CityCenter - Las Vegas, NV
- The District At Desert Star - Las Vegas, NV (Opening 2010)
- M Resort - Las Vegas, NV
- North Atlanta Center - North Atlanta, GA
- Plaza Internacional - San Juan, PR
- Tradition Town Center - Port St. Lucie, FL
- University Town Center - Sarasota, FL (recently announced in a Press Release, may open 2010 with Macy*s, Neiman Marcus, & Nordstrom)
[edit] Taubman Asia
- The Mall at Studio City - Macao, China (opening 2009)
- Songdo City Shopping Center - Incheon, South Korea
[edit] Developed but no longer owned/managed by Taubman
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- Arborland Consumer Mall - Ann Arbor, Michigan[2]
- Bellevue Center - Nashville, Tennessee (surrendered in 1995 to banks)
- Briarwood Mall - Ann Arbor, Michigan (traded to GM Pension Trust 1998, management ended 2003)
- Columbus City Center - Columbus, Ohio (traded to GM Pension Trust 1998, management ended 2003)
- The Falls Mall - Miami, Florida (traded to GM Pension Trust 1998, management ended 2003)
- Hilltop Mall - Richmond, California (traded to GM Pension Trust 1998, management ended 2003)
- Lakeforest Mall - Gaithersburg, Maryland (traded to GM Pension Trust 1998, management ended 2003)
- Lakeside Mall - Sterling Heights, Michigan (traded 2000 to Rodamco for full ownership of Twelve Oaks)
- The Mall at Tuttle Crossing - Dublin, Ohio (traded to GM Pension Trust 1998, management ended 2003)
- Marley Station - Anne Arundel County, Maryland (traded to GM Pension Trust 1998, management ended 2003)
- Meadowood Mall - Reno, Nevada (traded to GM Pension Trust 1998, management ended 2003)
- North Flint Plaza - Flint, Michigan (first Taubman shopping center, opened 1953)[3]
- Queens Center - Queens, New York
- Southridge Mall - Greenfield, Wisconsin (sold 1987)
- Southland Mall - Hayward, California (first enclosed mall opened by Taubman)[4]
- Southpark Mall - Colonial Heights, Virginia (Gained in acquisition deal with Faison in 1995, sold back to Faison shortly after))
- Stoneridge Shopping Center - Pleasanton, California (traded to GM Pension Trust 1998, management ended 2003)
- Virginia Center Commons - Glen Allen, Virginia (Gained in acquisition deal with Faison in 1995, sold to Simon Property Group shortly after)
- Woodland Mall - Grand Rapids, Michigan (sold to Pennsylvania REIT 2006)
[edit] See also
[edit] References
- ^ Applebome, Peter. "A Mall Plan, a Call to Arms, a Plot of Land Still Empty", The New York Times, The New York Times Company, 2007-05-13. Retrieved on 2007-06-06.
- ^ 6 Richest alumni (and two dropouts) - The Statement
- ^ http://icsc.org/srch/sct/sct0504/page43.html
- ^ Southland Mall Hayward - The Unauthorized Guide
