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North Point Mall is a shopping mall, located in Alpharetta, Georgia (a suburb of Atlanta). The mall opened on October 20, 1993 [2] as one of the largest shopping malls in the country. The mall was the second to last property built by Homart Development Company. The mall features the traditional retailers Dillard's, JCPenney, Macy's, and Von Maur.
The first official event at Sears Point was an SCCA Enduro, held on December 1, 1968. In 1969 the track was sold to Filmways Corp. , a Los Angeles-based entertainment company for $4.5 million. In May 1970 the track was closed and became a tax shelter for Filmways after losses of $300,000 were reported.
North Point Mall: Alpharetta (Atlanta metropolitan area) Georgia: 1993 Natick Collection: Natick (Greater Boston) Massachusetts: The original mall built in 1966 was purchased by Homart in 1992, subsequently demolished and rebuilt in 1994. 1994 The Woodlands Mall: The Woodlands (Greater Houston) Texas: Joint venture with The Woodlands ...
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After the closure of the last Sears location in Georgia, there are no more Sears locations left in Georgia. [4] Deutsche Bank was the lead lender and trustee for a $200 million loan granted the mall in 2012. On February 2, 2021, the mall was put up for public auction on the Cobb County courthouse steps with an opening bid of $130,400,000.
JCPenney joined the mall in 2003, taking the place of Dekor. [4] On November 7, 2019, it was announced that Sears would shutter as part if an ongoing plan to eliminate its brick-and-mortar format. [5] Conn's HomePlus later opened on the first floor of the former Sears in 2023. In December 2020, Bed Bath Beyond closed at Arbor Place Mall.
The mall was enclosed when it was renovated in 1987. MTR Properties, Inc. was the original owner of the mall. Macerich bought the property in 1985 before selling it to Merlone Geier Partners in 2017. On January 4, 2018, Sears announced that its store at the mall will be closing as part of a plan to close 103 stores nationwide.
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