University Mall (South Burlington, Vermont)
Encyclopedia
The University Mall or, informally, the U-mall, is an enclosed shopping mall
located in the City of South Burlington, Vermont
. The name refers to its proximity to the University of Vermont
. At 610000 ft2, it is by far the largest shopping mall in Vermont. It is anchored by JCPenney, The Bon-Ton, Sears and Kohl's
, and encompases approximately 75 shops, including two sit-down restaurants, and a food court
. Finard Properties, LLC of Burlington, Massachusetts
is the mall's management company.
Original anchor stores at the mall included Zayre
, which became Ames in 1989; it then closed in 2002 and became Kohl's. Another previous anchor was Steinbach
which is now The Bon-Ton
.
opened here, , becoming the mall's second sit-down restaurant. There is a food court.
Shopping mall
A shopping mall, shopping centre, shopping arcade, shopping precinct or simply mall is one or more buildings forming a complex of shops representing merchandisers, with interconnecting walkways enabling visitors to easily walk from unit to unit, along with a parking area — a modern, indoor version...
located in the City of South Burlington, Vermont
South Burlington, Vermont
-Economy:CommutAir, a regional airline, is headquartered in the city, by the airport. The Magic Hat Brewing Company, one of the United States's larger craft breweries, is located here.One measure of economic activity is retail sales...
. The name refers to its proximity to the University of Vermont
University of Vermont
The University of Vermont comprises seven undergraduate schools, an honors college, a graduate college, and a college of medicine. The Honors College does not offer its own degrees; students in the Honors College concurrently enroll in one of the university's seven undergraduate colleges or...
. At 610000 ft2, it is by far the largest shopping mall in Vermont. It is anchored by JCPenney, The Bon-Ton, Sears and Kohl's
Kohl's
Kohl's Corporation is an American department store chain headquartered in the Milwaukee suburb of Menomonee Falls, Wisconsin, operating , 1,089 stores in 49 states. In 1998, it entered the S&P 500 list, and is also listed in the Fortune 500...
, and encompases approximately 75 shops, including two sit-down restaurants, and a food court
Food court
A food court is generally an indoor plaza or common area within a facility that is contiguous with the counters of multiple food vendors and provides a common area for self-serve dining. Food courts may be found in shopping malls and airports, and in various regions may be a standalone development...
. Finard Properties, LLC of Burlington, Massachusetts
Burlington, Massachusetts
Burlington is a town in Middlesex County, Massachusetts, United States. The population was 24,498 at the 2010 census.- History :It is believed that Burlington takes its name from the English town of Bridlington, however this has never been confirmed....
is the mall's management company.
History
In September 2010, it had 100% occupancy. 90% is more typical.Original anchor stores at the mall included Zayre
Zayre
Zayre was a chain of discount stores that operated in the Northeastern, Southern and Midwestern United States from 1956 to 1990. The company's headquarters was in Framingham, Massachusetts. In 1988, the Zayre department stores were sold to the parent company of the competing Ames chain, and Zayre's...
, which became Ames in 1989; it then closed in 2002 and became Kohl's. Another previous anchor was Steinbach
Steinbach (store)
Steinbach was a department store chain based in Asbury Park, New Jersey.- History :Steinbach was founded in Asbury Park, New Jersey, and maintained branch stores along the New Jersey shore, and in the central part of New Jersey. The company was at one time affiliated with the Kresge-Newark...
which is now The Bon-Ton
The Bon-Ton
The Bon-Ton Stores, Inc. is a regional department store company based in York, Pennsylvania, chiefly operating 275 stores, including 11 furniture galleries, in 23 states throughout the northern United States. Stores carrying its namesake nameplate serve the Mid-Atlantic and New England regions of...
.
Operations
The rental per square foot is proprietary information. Average pro-rata tax payment for a non-anchor store is about $2 per 1 ft2.Tenants
The University Mall has an array of stores and areas to eat. Various national retailers have their only Burlington-area store within the mall, including the four current anchor stores. In 2009, Vermont's first IHOPIHOP
IHOP may refer to:* IHOP, a restaurant chain, formerly known as The International House of Pancakes* International House of Prayer, a Christian 24/7 prayer center in Kansas City, Missouri...
opened here, , becoming the mall's second sit-down restaurant. There is a food court.