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31-508: The area occupied by the mall was initially the site for Shoemaker Airfield, which was constructed in the 1960s. Plans for a commercial development in Grandville began in 1981 when developer General Growth Properties purchased 99 acres of land on what is now Rivertown Parkway. In 1990, Homart Development Company , a subsidiary of Sears , had begun eyeing a development of a new mall near the intersection of 44th Street and Ivanrest and met with

62-537: A 115,000 square foot Doral warehouse at 1500 Northwest 95th Avenue for $ 16 million. In January 2023, Brookfield Properties purchased subsidiaries from Deutsche Bank A.G., acquiring Deutsche Bank's London and New York offices. In February 2024, the company opened offices in India and the UAE. The company is the owner of Zuccotti Park , a publicly accessible park adjacent to one of its office buildings near Wall Street in

93-461: A 25% interest in O&;Y Properties Corporation and O&Y Real Estate Investment Trust, expanding the company's real estate portfolio in four Canadian cities. In 2006, the company acquired Trizec Properties, which was founded in 1960 by William Zeckendorf , builder of Place Ville Marie . In 2010, it entered into London and Australian markets by acquiring the 100 Bishopsgate development site in

124-685: A 33% interest in Olympia & York Developments Ltd. , developers of the World Financial Center in New York, and in 1990, Brookfield acquired a 50% interest in a portfolio of office properties in Toronto, Denver and Minneapolis from BCE Development Corporation . In 1994, this holding was increased to 100% and included BCE Place, now Brookfield Place, Brookfield Properties' flagship office complex in Toronto. In 1996, Carena acquired

155-677: A 46% interest in World Financial Properties, a corporation formed from the bankruptcy of Olympia & York, which included three of the four towers of the World Financial Center, One Liberty Plaza , 245 Park Avenue in Manhattan. That year, Carena changed its name to Brookfield Properties Corporation. In 1997, Brookfield Properties purchased 45% of Gentra, Inc., owner of several commercial properties in Toronto. In 2000, Brookfield Properties acquired

186-460: A 49% interest in each of three former GGP super-regional malls to CBRE Group , and a 49% interest in three other former GGP malls to TIAA subsidiary Nuveen , seeking additional joint ventures for its newly acquired malls. The acquisition added 162 shopping malls comprising approximately 146 million sq ft (13.6 million m ) of gross leasable area to Brookfield's portfolio. In December 2018, Brookfield Properties took over

217-461: A buyer forcing the chain to go out of business. The store closed on August 29, 2018. On November 9, 2020, it was announced that Sears would also be closing as part of a plan to close 7 stores nationwide. The store closed on January 24, 2021. In the fall of 2023, Spirit Halloween opened a seasonal location in the northern part of the lower level in the former Sears space. On March 27, 2024, Fun City Trampoline Park announced that they will fill

248-808: A portfolio of Calgary office properties, including the Bankers Hall complex. In April 2001, the company lost out to Silverstein Properties, Inc. , on the lease of the World Trade Center in New York City before the complex was destroyed during the September 11 attacks . In 2003, Brookfield Properties completed the spin-off of Brookfield Homes, now part of Brookfield Residential , Brookfield Asset Management's U.S.-based home building business. In 2005, Brookfield Properties acquired

279-508: A restructuring. General Growth Properties completed an acquisition of Homart in late 1995 in a transaction valued at $ 1.85 billion, then one of the biggest real estate deals in history. Homart also owned a number of office buildings which were also sold in 1995. Sears executive Emory Williams was the first president of Homart. Warren G. Skoning was appointed president in 1967, and elected as chairman in 1974. Also serving as vice-president of real estate development for Sears, Skoning

310-470: A total construction cost of about $ 160 million, the equivalent to $ 260,263,684 in 2021. RiverTown Crossings opened on November 3, 1999 just prior to the holiday season with five original anchors: Sears , Hudson's (became Marshall Field's in 2001, Macy's in 2006), Kohl's , Younkers and JCPenney with Barnes & Noble also featured as a junior anchor. Months later, Galyan's (now Dick's Sporting Goods) and Old Navy opened, with Galyan's becoming

341-520: Is a subsidiary of alternative asset management company Brookfield Asset Management . It is responsible for the asset management of the company's real estate portfolio, including office , multi-family residential , retail , hospitality , and logistics buildings. Brookfield Properties acquired General Growth Properties , one of the largest mall operators in the U.S., and merged it into Brookfield Properties in 2018. As of 2024, Brookfield Properties operates corporate offices in nine countries around

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372-570: The Manhattan borough of New York City, that in September 2011 became a site of protests by Occupy Wall Street . On October 11, 2011, Richard Clark, the company's CEO, sent a letter to NYC Police Commissioner Raymond Kelly requesting to "clear the park" as its use by Occupy Wall Street "violates the law, violates the rules of the Park, deprives the community of its rights of quiet enjoyment to

403-673: The Montreal Maroons and Montreal Canadiens National Hockey League franchises; from 1935 to 1957, the company also owned the Canadiens. The company was acquired by Edper Investments in 1970. During the 1970s, when the company was known as Carena Properties, it expanded its business into commercial real estate. After the Montreal Forum closed, the Forum was sold to competitor Canderel Properties. In 1989, Carena acquired

434-747: The City of London and 16 properties encompassing 8 million SF in three major Australian cities. On Earth Day on April 22, 2010, the company was listed as one of Canada's "The Green 30" Organizations Based On Eco-Friendly Programs and Practices based on an employee poll. In 2011, Brookfield Properties divested its residential group consisting of Carma Developers and Brookfield Homes (Ontario) Ltd. to merge with Brookfield Homes Corporation to form Brookfield Residential Properties Inc. That same year, Brookfield Properties changed its name to Brookfield Office Properties to reflect its focus on commercial office properties. In 2013, Brookfield Office Properties Inc. became

465-718: The Toronto Stock Exchange as of June 10, 2014, and from the New York Stock Exchange on June 20, 2014. Brookfield Property Partners is now the sole owner of all of the issued and outstanding common shares of BPO. In January 2016, Brookfield Properties purchased KIC, along with KIC's Berlin office. On August 28, 2018, Brookfield Property Partners acquired Chicago-based real estate investment trust and shopping mall operator GGP Inc. (General Growth Properties), and merged its assets into Brookfield Properties, for $ 9 billion. Brookfield immediately sold

496-517: The area is well developed and a major shopping district for the West Side of Grand Rapids including the Holland Area. On March 26, 2002, Meijer opened outside the mall. Duluth Trading Company opened in the mall's property on November 16, 2017. On April 18, 2018, it was announced that Younkers would be closing its doors due to its parent company, The Bon-Ton Stores , was unable to find

527-477: The city for approval. In November 1990, Homart Development Co. originally proposed a 1 million square foot, 120-store indoor mall on 94 acres of land near the intersection, seeking for the land to be rezoned from high-tech industrial to commercial. However, the City of Grandville turned down the plans in January 1991, stating that a 99-acre lot on Rivertown Parkway, which was adjacent to the property sought by Homart,

558-546: The entire upper lever of the former Younkers space. It is unknown when Fun City Trampoline Park will open as of right now. On August 30th, 2024, Poag Development Group bought Rivertown Crossings from Brookfield Properties , and intends to work with Jones Lang LaSalle in order to revitalize the mall and to keep it up to date. The mall has a total of over 130 stores with about 1,249,697 square feet (116,100.7 m) of retail space available. Outside are more than 6,000 parking spaces. Food and beverage merchants are located in

589-507: The growth of suburbia after World War II, some major department stores such as Sears moved into the business of developing malls in which to place new anchor tenant locations. Homart Development Company was founded in 1959 for the purpose of building regional shopping malls for Sears . The "Homart" brand name had been used by Sears for many years before the development company was founded. Seminary South Shopping Center in Fort Worth

620-703: The largest office landlord in Los Angeles after acquiring MPG Office Trust Inc.'s downtown portfolio. MPG had been one of Southern California's most prominent real estate developers and a longtime L.A. office tower owner. The MPG buildings they acquired include the Gas Company Tower , 777 Tower and the Wells Fargo Center on Bunker Hill . In June 2014, Brookfield Property Partners (BPY) completed their acquisition of Brookfield Office Properties (BPO). BPO common shares were de-listed from

651-531: The mall would only remain in Grandville and not span into Wyoming, with Grandville Mayor James Buck stating, "The construction of this mall has been anticipated for years. ... Our goal will be to provide the finest shopping mall in Michigan". A revised plan for the mall was later approved in May 1997 which reduced the size of the mall to just over 130 stores. Construction for the mall broke ground on December 6, 1997 with

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682-562: The mall's anchor tenants and is one of the most popular cinemas in Michigan, consecutively performing as one of the top 3 theaters in the state. Homart Development Company Homart Development Company , a Chicago -based subsidiary of Sears , was one of the largest builders of shopping centers and malls in the United States from 1959 to 1995. As retail development in the United States shifted away from downtowns with

713-447: The mall's sixth anchor tenant and Old Navy becoming another junior anchor. The mall also offered a Cinemark cinema with 20 screens near its food court. A NASCAR Silicon Motor Speedway Racing Center and Kahunaville were present at the mall shortly after its opening, with both closing a few years later. The mall was one of the first developments in the area. After the mall was built, many other restaurants and stores opened around it. Now

744-471: The mall. There is also a food court with a carousel in the center that is surrounded by 8 quick service restaurants. The mall features murals painted by Chicago-based artist Thomas Melvin in 1999, when the mall first opened. As part of a minor renovation in 2017, many of these murals were painted over, with only those above the anchor stores remaining. Near the food court, there is also a 20 screen Celebration Cinema movie theater. The theater serves as one of

775-456: The management of Forest City Realty Trust 's real estate portfolio after the company was acquired by a fund affiliated with Brookfield Asset Management. In September 2020, the company's retail group announced a layoff of 20% of its workforce of about 2,000 people. Around June 2021, the company opened an office in Sydney, Australia. In May 2023, Brookfield Properties announced a purchase of

806-555: The project could be completed by Spring 1997. This plan was also declined on October 12, 1994, with Grandville Mayor James Buck stating that more commercial was not needed in the city. General Growth then made a deal to acquire more land adjacent to the site in August 1996, with a new proposed mall site totaling 138 acres. General Growth and the City of Grandville then made a deal in October 1996 after General Growth promised in August that

837-770: The world, including China, India, Germany and the US. The company's roots go back to the early 1900s in Montreal, Quebec . It was known then as the Canadian Arena Company and operated the Montreal Arena . In a partnership with Toronto investors, it built Arena Gardens in Toronto. In the 1910s, it opened an office and began business in Brazil, while in the 1920s, it built the Montreal Forum to house

868-437: Was already zoned for commercial usage and was owned by General Growth. Homart's plan for a mall was then put on hold after its director, Roy Vice, left the company and Homart Development Company was put up for sale in 1994, later being sold to General Growth in 1995. In October 1994 after waiting for the economy to strengthen, General Growth vice president John Bergstrom proposed a 150-store mall with 4 anchor stores, stating that

899-613: Was involved in the development of the Sears Tower . W.E. Lewis was named president in 1974 when Skoning became chair. Edwin Homer, former president of Chrysler Realty, joined as president in 1980, later became chair and CEO, and served until his retirement in 1984. Homer diversified Homart's portfolio by developing office properties and community centers, in addition to malls, and also sold some of Homart's malls to generate additional profit for Sears. In 1985, Michael J. Gregoire

930-550: Was named president and COO, and he also became chairman in 1987. Notable shopping centers developed by Homart include: The Nanuet Mall in Rockland County New York opened in 1969- 101 stores anchored by Sears and Bambergers, (first enclosed mall in the county and about 25 miles from Manhattan). Brookfield Properties Brookfield Properties is a North American subsidiary of commercial real estate company Brookfield Property Partners , which itself

961-467: Was their first project. By 1971, Homart was operating nine regional shopping locations, and had numerous others in development. It became the nation's second largest mall developer, and by 1992 it was reported that Homart had developed 80 malls with over 75,000,000 square feet (7,000,000 m ) of retail space. By 1994, it was also operating 36 of those developed malls. In November 1994, Sears announced that it planned to sell off Homart as part of

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