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First, local competition increased steadily over the years as many nearby malls opened or extensively renovated their spaces for new stores. In 1982, the Dallas Galleria opened with anchor stores Saks Fifth Avenue, Marshall Field's, and later in 1985 with Macy's. In 1983, Bloomingdale's opened at nearby Valley View Center.
Valley View Center is a former mall located at Interstate 635 and Preston Road in north Dallas, Texas, U.S. [4] It is owned and managed by Dallas-based Beck Ventures. The mall was formerly home to anchor stores that were once JCPenney, Macy's, Sears, and Dillard's. The demolition of the mall was completed in May 2023. [5]
NorthPark Center, sometimes referred to as simply NorthPark, is an enclosed shopping mall in Dallas, Texas (United States). It is at the intersection of Loop 12 (Northwest Highway) and US 75 (North Central Expressway). Opened in 1965, it now has over 235 stores and restaurants and annual sales of over $1 billion.
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On June 15, 2013, Saks Incorporated officially closed its Saks Fifth Avenue store in Dallas, which was soon renovated and replaced in 2014 by Belk. [9] [10] In April 2018, the AC Hotel and Residence Inn Dallas opened near the mall. [11] In May 2018, Trademark Property Co. was hired to manage, lease, and replan the mall. [12]
The four original anchor stores were Dillard's, Foley's, Lord & Taylor, and Neiman Marcus. The Lord & Taylor and Neiman Marcus stores were replacements for those at the since-demolished Prestonwood Town Center in north Dallas. In 2004, Saks Fifth Avenue was added as a fifth anchor. [5] By 2005, Lord & Taylor shuttered entirely.
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Preston Center initially opened as a thriving suburban retail center anchored by the first suburban Neiman Marcus (closed in 1965) [1] and Sanger Brothers (later Sanger-Harris) department store - which was the largest suburban department store in the country at 242,000 square feet (22,000 m 2).