Property management firm JLL sent a letter, dated April 21, to tenants to inform them that it had taken over mall management and said it is in the process of hiring a general manager for the property.
The Greenwood theater will be the first Regal location in the state to reopen, followed by other locations in weeks to come. Regal closed its theaters last year because of the pandemic.
The North Carolina-based retail chain opened its Circle Centre location in late 2019. The company’s other area stores will remain open.
A New York City-based restaurant and candy store chain known for its extravagant desserts, colorful decor and celebrity following is planning to open a location in downtown Indianapolis later this year.
Sunglass Hut and GameStop have closed their Circle Centre stores. Both retail chains still have numerous other Indianapolis-area stores.
Godiva said the pandemic caused customer traffic to decline at its brick-and-mortar stores, though it will continue to sell its products both online and through third-party retail stores.
The closure is another hit to the struggling mall overseen by Simon Property Group. Last month, clothing retailer Express confirmed it also was closing its Circle Centre Location after 25 years there.
The struggling national fashion retailer—an original tenant in the downtown mall—has four other stores in the Indianapolis area.
At least three Victoria’s Secret stores at some of the area’s largest shopping malls have closed permanently as part of the parent firm’s plan to eliminate 251 stores in North America this year.
Lucky said it plans to close 13 stores and could shutter more during the bankruptcy process.
The lease will be COhatch’s second with Circle Centre landlord Simon Property Group. The firm previously announced plans to open a coworking space at Simon’s Hamilton Town Center in Noblesville.
Primanti Bros., which is known for serving french fries on its sandwiches, has permanently closed its downtown restaurant in Circle Centre Mall, at 49 W. Maryland St., according to its Facebook page.
Press Play Gaming Lounge, Two Chicks District Co. and Bella Pizzeria are following through with plans announced before the shut-down. Punch Bowl Social, meanwhile, aims to reopen this fall.
The one-two punch of the pandemic and protest-related violence raises questions about whether downtown can recover. Experts and community leaders say yes—but only with concerted effort and strong leadership.
The closure will leave the downtown mall with only a handful of tenants who were part of the shopping center’s 1995 opening day store lineup.
The complex that was once the crown jewel of downtown has become a liability. It’s time to roll up our sleeves and put it on a better course.
According to the suit, Granite City failed to pay monthly rent and meet other obligations under terms of the lease for the 9,603-square-foot ground-floor space it occupied in Circle Centre until late last month.
Locations in Carmel, Fort Wayne and Mishawaka were open on Thursday and are still listed on company’s website, but the Circle Centre location was locked and dark.
With Target out of the picture, the ground floor of the former Carson’s space in Circle Centre will be marketed to multiple retail, restaurant and entertainment tenants, sources said.
The Carson’s space has been vacant since April 2018, leaving a gaping hole in the nearly 800,000-square-foot downtown mall.
