The Falls (mall)
 Mall's waterfall at the southside | |
 | |
| Location | Kendall, Florida |
|---|---|
| Opening date | 1980 |
| Developer | The Rouse Company |
| Management | Simon Property Group |
| Owner | GM Pension Trust, Simon Property Group(50%), & Farallon Cap. Mgt. |
| No. of stores and services | 111[1] |
| No. ofanchor tenants | 2 |
| Total retail floor area | 838,459 sq ft (77,895.4 m2) |
| No. of floors | 1 (3 in both anchors) |
| Website | [2] |
The Fallsis an open-airshopping mallinKendall, Florida.The mall has 111 upscale stores. The mall's anchor store isMacy's.Bloomingdale'swas an anchor at this mall but closed on March 20, 2020, and it was replaced byLife Time Fitnesscenter, which opened on August 4, 2023.[1]This mall also features a movie theater, which is calledRegal Entertainment Group(United Artists Falls 12), and is currently managed and 50% owned by theSimon Property Group.
History
[edit]The Falls opened in 1980 as an upscale, open-air plaza. As its name implies, the center is designed around a lushly landscaped man-madelagoonfeaturing numerous pools, waterfalls and bridges accented with modern sculpture pieces and decorative lighting. In 1984, the first anchor store, Bloomingdale's, was added, bringing the center to 450,000ft². Bloomingdale's closed their two-story store temporarily in September 1992 after the store was severely damaged byHurricane Andrew,but it later re-opened in late 1993 as a three-story Bloomingdale’s. Macy's opened a store in 1996 during an expansion that doubled the size of the shopping center. The center features an iconic tower sign on the southwestern corner ofSouth Dixie Highwayand S.W. 136th Street (Howard Drive). The center's success has led to the surrounding Howard, Briar Bay and Colonial Palms neighborhoods being encompassed by the generic "The Falls" name.
The center was sold in December 1997 toTaubman Centers,which transferred ownership in 1998 to the GM Pension Trust. Taubman managed the center until 2004 when the GM Pension Trust sold a half-interest in The Falls toThe Mills Corporation,which also assumed management. In 2007,Simon Property GroupandFarallon Capital Managementacquired The Mills and subsequently assumed management of The Falls.
On February 7, 2020, Bloomingdale’s parent company,Macy's, Inc.,announced that they would close 125 locations across the country, including the Bloomingdale’s location at The Falls. This left Macy’s as the only anchor store at the mall, which is currently still open. Bloomingdale's closed permanently on March 20, 2020. It was demolished soon after for a newLife Time Fitnesscenter, which opened on August 4, 2023.[1]
