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Valley View Center is a super-regional shopping mall located at Interstate 635 and Montfort Road in north Dallas, Texas, USA.〔 The mall is owned and managed by Dallas-based Beck Ventures. The mall's current anchors are Sears and AMC Theatres. Originally developed in 1973, the mall flourished and expanded in the 1980s but began to encounter financial difficulties in the 1990s. The Bloomingdale's anchor closed in 1990, which triggered a court battle when Montgomery Ward tried to buy the space, then sat empty until JCPenney opened in 1996. The mall's original movie theater closed in 1991, sat empty for a decade, and was replaced by radio stations KBFB and KSOC. A new, larger AMC movie theater opened in the mall in 2004. The addition of the theater slowed but did not halt the falling fortunes of the rest of the mall. Two of the five anchor locations closed in 2008. A third closed in 2013. As of 2014, they remain vacant and the mall's parking deck has been fenced off. Sears and AMC Theatres are the two operating anchor businesses in the mall. The 2010s have seen the mall change ownership and management several times. Demographic shifts and declining occupancy led the current owners to announce plans to redevelop the mall and surrounding property. In mid-2012, the mall began a new effort to create an artist's community. Dubbed "The Gallery at Midtown and Artists Studios", the three upstairs wings are occupied by local artists' studios, galleries, and other creative entities. ==History== The mall was developed in 1973 when Homart Development Company, the real estate development subsidiary of Sears, Roebuck & Co.,〔 added a Sanger-Harris and several smaller stores to the existing Sears store that had been built in 1965.〔 In August 1973, as part of the mall's grand opening celebration, the Thom McAn Shoe Store in Valley View Center offered a free 8-ounce steak with any purchase of $5 or more.〔 The promotion drew local and national media attention.〔 LaSalle Street Fund bought the mall in the early 1980s and oversaw continued expansion plus addition of a fourth anchor store.〔 September 1, 1985, marked the first legal Sunday shopping day in Texas.〔 Valley View Center, like other area malls, celebrated the end of the state's 24-year-old blue law with entertainment and special promotions. Some smaller retailers objected to the new hours but mall officials informed them in writing of their contractual obligations to operate while the mall is open.〔 January 1, 1987, was the first New Year's Day that the anchor stores of Valley View Center were open for business on the holiday.〔 Many smaller stores in the mall followed their lead although it would be a few years before every store would be obligated to be open on the first day of the new year.〔 The Macerich Company, a Santa Monica, California-based shopping center operator, purchased Valley View Center in 1996 for a reported $85.5 million in cash and debt.〔 Since the 2000 census, the neighborhood around the mall has become younger, poorer, and more ethnically diverse. According to the 2010 census, the area is now 60% Hispanic with the percentage of white residents dropping from about 35% to just under 25%.〔 In 2010, LNR Partners, Inc., of Miami, Florida, took possession of the mall when Macerich defaulted on $125 million in debt.〔 Jones Lang LaSalle became responsible for mall management. With the 2012 change in ownership, Jones Lang LaSalle no longer manages the property, as Beck Ventures took management in-house.〔 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Valley View Center」の詳細全文を読む スポンサード リンク
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