Capital Mall
Location | Total retail floor area 779,268 sq ft (72,396.4 m2) | |
---|---|---|
No. of floors | 1 | |
Website | shoppingcapitalmall |
Capital Mall is a
History
Capital Mall opened on October 5, 1978 and was developed by The Hahn Company.[2] A 1978 article in The Spokesman-Review stated that Capital Mall was an integral factor in development of the city of Olympia. Concurrently with the mall, a number of retail developments and fast-food restaurants were also built around the mall.[3] Construction of the mall required the city of Olympia to spend $3 million on road and traffic improvements, as the mall's development was predicted to more than triple the amount of traffic in the area.[4]
The mall began with four anchor department stores:
On August 18, 1991, a fire broke out on the mall's roof, causing over $3 million in damage.[6]
Frederick & Nelson was sold to
The mall was acquired in 1998 by Westfield America, Inc., a precursor of the Westfield Group, which renamed it "Westfield Shoppingtown Capital", dropping the "Shoppingtown" from the name in 2005.
Upon acquisition by Westfield, it underwent a $50 million expansion and renovation. One facet of the expansion opened in 2002, when the vacated Lamonts store was replaced by a Best Buy and a food court.[8]
Mervyns closed its 99,924 sq ft (9,283.2 m2) store on December 31, 2006 and the space has since been divided into smaller sections:
In October 2013, Westfield sold a controlling interest in several malls in the United States to Starwood Retail Partners, which included Capital Mall In 2013, for 1.6 billion.[1][10]
In October 2016, Dick's Sporting Goods opened a new store in the mall.[11]
References
- ^ a b "Starwood Capital Group Completes $1.6B Acquisition of Seven Dominant Regional Malls From Westfield Group". prnewswire.com. PR Newswire LLC. Retrieved 30 August 2020.
- ^ "Capital Mall Opens For Business Tomorrow". The Daily Olympian. October 4, 1978.
- ^ a b Jill Tokcarzyk (May 14, 1978). "Olympia development booming". The Spokesman-Review. pp. A18. Retrieved August 31, 2020.
- ^ Paul Overberg (May 3, 1979). "Bridgewater asks more than others". The Courier News. pp. D11. Retrieved August 31, 2020.
- ^ "Two LA concerns design, build store". The Los Angeles Times. May 21, 1978. p. 22. Retrieved August 31, 2020.
- ^ "$3 million damage in mall fire". Spokane Chronicle. August 19, 1991. p. 1. Retrieved August 31, 2020.
- Seattle Times. January 16, 1992. Retrieved January 30, 2017.
- ^ "Food court, Best Buy coming to Olympia mall". South Sound Business. Retrieved August 31, 2020.
- ^ Boone, Rolf (5 September 2018). "Forever 21 has closed at Capital Mall, but Stack 571 Burger and Whiskey Bar is set to open". The Olympian. Retrieved 30 August 2020.
- ^ "Westfield Group Announces Multiple Center Transaction with Starwood Capital Group | Starwood Retail Partners". Archived from the original on 2013-11-15. Retrieved 2013-11-15. Retrieved 2013-11-18
- ^ "Dick's Sporting Goods sets date for Olympia store grand opening". The Olympian. October 10, 2016. Retrieved January 30, 2017.