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JCPenney purchased the building for $55 million in 1977 (equivalent to $216 million in 2023) to serve as its new headquarters. [5] By 1978, JCPenney had moved over 5,000 employees into the building. [6] However, in 1988 JCPenney announced its intentions to move their headquarters to Dallas, leaving the building empty and up for sale.
Twenty years in the making, the reinvention of the North Hills Shopping Center is almost complete. Where once stood the mall’s last relic, the JCPenney building, Kane Realty is constructing a 12 ...
A brand new children's play area opened on the ground floor in front of the then JCPenney on July 30, 2013, with the original children's play area called Professor Frog's Courtyard and nearby fountain in the center court were removed and tiled over in August 2013. [33] [34] In 2016, the mall took in $6,180,000 in net income. [31]
Aug. 21—WILLMAR — Although not on the agenda for the Willmar City Council meeting on Monday, the highly debated JCPenney building at Uptown Willmar has been taken off the table as an option ...
The old JCPenney building, 1309 Adams Ave., which has been closed since 2017, is now a community exhibit site. ... Aug. 6—LA GRANDE — An iconic La Grande building is coming back to life. The ...
The building reopened in 2001 after a $54 million renovation as a combination of condominiums and the Sheraton St. Louis City Center hotel. The hotel left Sheraton in 2014 and was unbranded until 2018, when it became a Red Lion Hotel. [4] It closed in 2020, due to the COVID-19 pandemic and reopened in 2022 as an OYO Hotel. It is set to be ...
In 2020, Kane closed and demolished its last relic, the aging JCPenney building, making room for Kane’s ultimate vision: a $350 million complex that includes four new buildings around a public ...
Portions of the former Sears Auto Center are now Outback Steakhouse and Yard House. On March 17, 2017, JCPenney announced that its store would be closing as part of a plan to close 138 stores nationwide; [51] the store closed on July 31, 2017. [52]