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23-400: The mall is owned and managed by PREIT , which acquired it from its developer, Taubman Centers , in 2006. Woodland Mall opened in 1968 at the northwestern corner of 28th Street ( M-11 ) and East Beltline Avenue ( M-37 ). The mall was built at a southwest-to-northeast orientation, with Sears at the southwestern end, and JCPenney at the northeastern end. A Kresge dime store was also located in

46-572: A Main Event Entertainment center, located in a new building just outside the southeast entrance near Von Maur, and a Lego store opened to the public. PREIT PREIT is a privately held company that owns and develops shopping centers , mostly in the Mid-Atlantic states . The company was formerly known as Pennsylvania Real Estate Investment Trust. The company was founded by Sylvan M. Cohen (1914-2001) in 1960. In 1997,

69-515: A 7.5% interest in the Rouse Company. He was the creator of "The Shrink", a method where an investor buys an interest in a company, then orders stock buy-backs to make the interest more valuable. Schuer died the day after the purchase, and Trizec Properties then acquired the shares and bought a 25% stake. In 1986, the company attempted to purchase a majority share. In 1985, The Rouse Company absorbed all of Connecticut General's interests in

92-561: A fourth anchor store at the southeastern end of the mall. However, Hudson's attempted to sue the mall, claiming veto power over the addition of new anchor stores, and the Lord & Taylor was never built. A food court (Cafes in the woods) was built next to JCPenney in 1999 as well as a play area in the Sears wing. Also in 1999, RiverTown Crossings opened in Grandville , on the other side of

115-713: The Cross Keys development, then to the project in Columbia, Maryland in December 1969. Its community projects include the Village of Cross Keys in Baltimore and the planned communities of Columbia, Maryland (where it was headquartered), Bridgeland Community, Texas , and Summerlin, Nevada . To develop these projects, in 1962 Rouse brought on Bill Finley, who built a planned "company town", Ravenswood, West Virginia ,

138-477: The Howard Research and Development subsidiary. In 1986, former general manager of Columbia and executive vice president of development Micheal Spear became president as a successor to Rouse. In 1990, Spear died in a crash with his wife and one daughter in his Piper PA-31T Cheyenne attempting a single engine missed approach near Logan International Airport . In 1997, Anthony Deering took over as CEO of

161-410: The Sears wing. Another mall, Eastbrook Mall (now Centerpointe Mall ), was located on the northeastern corner of the same intersection. A 1975 expansion to Woodland Mall brought a northwesterly-oriented central wing which ended in a third anchor store, Hudson's . After the closure of Kresge in 1987, the store's former space was divided among smaller retailers. Lord & Taylor was proposed in 1997 as

184-485: The city. This was the first serious form of retail competition for Woodland Mall, as prior to the opening of RiverTown Crossings, Woodland was the only super-regional mall in Metro Grand Rapids. In the late 1990s Woodland Mall experienced many other renovations including new flooring and curves to the ceiling throughout the mall, new lighting and décor as well as updated entrances to look more modern. Hudson's

207-672: The company acquired the Rubin Organization for $ 260 million. In 2003, the company acquired 6 shopping malls from The Rouse Company . The company also acquired Crown American . In 2012, Joseph Coradino was named chief executive officer of the company. The company filed for Chapter 11 bankruptcy protection on November 1, 2020, and exited bankruptcy protection on December 11, 2020. On December 10, 2023, PREIT once again filed for Chapter 11 bankruptcy protection. The company exited its bankruptcy proceedings in April 2024 under

230-685: The former assistant attorney general of Maryland, Mathias J. DeVito , left the Rouse-owned legal firm of DLA Piper to replace James W. Rouse as President of the Rouse Company, and Rouse became Chairman. DeVito cut staff from 1,700 to 500 to keep the company afloat in 1975. In 1974, the Columbia development got a political boost as the population of Columbia supported a slate of at-large council candidates with Columbia interests, including Ruth U. Keeton , Lloyd Knowles, and Columbia's city manager, Richard L. Anderson. In 1979, Simon H. Schuer acquired

253-631: The mall from Taubman. Celebration Cinema purchased the movie theater complex (as well as a former Cinemark at RiverTown Crossings) a year later. Barnes & Noble , in October 2008, announced that it would be relocating from a nearby store to a new location at the mall. On Wednesday, October 21, 2009, the two-story bookstore opened to the public. In 2013 H&M announced that it would be opening its first location in Michigan outside of Metro Detroit which opened in October 2013. On January 4, 2017, it

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276-421: The mortgage company subsidiary. In 1952-1953 the company built one of the first modern architecture office buildings on Saratoga Street in Baltimore, while also dropping its commercial lending business line. Jim Rouse hired his brother, Willard Rouse II , in 1952, and partner, Hunter Moss, phased out of operations, selling his shares of the company, while remaining temporarily on the board of directors. The firm

299-400: The ownership of its former lenders and appointed Jared Chupaila as CEO. Notable properties owned by PREIT are as follows: The Rouse Company The Rouse Company , founded by Hunter Moss and James W. Rouse in 1939, was a publicly held shopping mall and community developer from 1956 until 2004, when General Growth Properties (GGP) purchased the company. The Moss-Rouse Company

322-485: The project back to Rouse for $ 120 million at a net loss. Rouse created the subsidiary company The American City Corporation to take advantage of the National Urban Policy and New Community Development Act of 1970 , A HUD program which granted developers incentives and loans to build Title VII "New Towns" with mandatory percentages of low income housing projects. Rouse's former ACTION member, Leo Molinaro

345-758: The system of Public-Private partnerships that Rouse would use worldwide to minimize risk in developments using public debt. The business was given its own postal office, the American Cities Station in 1977. The Columbia development was marketed as a progressive community for all races. In 1971, the company responded to pressure from the NAACP that the company was absent of African Americans at all management levels and its businesses in Columbia were predominantly white owned. The company responded with an affirmative action program in November 1971. In 1973,

368-665: Was a former planner with the National Capital Planning Commission proposing planned cities, and was a proponent of public-private partnerships. Columbia Research and Development was founded as a public company and Howard Research and Development was formed as a Rouse subsidiary in 1956 to raise capital for four mall projects and later to facilitate the Columbia Project with Connecticut General and Chase Manhattan as stakeholder with interest deferred loans. In 1966 The James W Rouse Company

391-550: Was announced Sears would shutter as part of an ongoing decision to eliminate its brick-and-mortar format. The previous Sears outpost had been razed for a major expansion featuring 10-15 new retailers, with Von Maur at the end of the wing. Von Maur opened on October 12, 2019. On May 17, 2019, REI opened in the parking lot. By 2023 Woodland Mall had announced several newest additions, among them are Carter's , Locker Room by Lids , Lovisa , Offline by Aerie , Rue 21 , Arula , and Abercrombie & Fitch . On August 16th, 2024,

414-457: Was converted to Marshall Field's in 2001 in a nameplate consolidation by parent Target Corporation (formerly known as Dayton-Hudson), and then to Macy's in 2006 as the result of an acquisition. A 14-screen movie theater (then owned by Cinemark ) and a Red Robin and On the Border restaurant were added to the southeastern portion of the mall in 2006, the same year in which PREIT acquired

437-591: Was founded as a FHA mortgage company with a loan from Hunter Moss's sister. Rouse leveraged his knowledge as loan guarantee specialist at the Federal Housing Administration to establish a Baltimore-based mortgage company specializing in FHA backed loans. Moss-Rouse hired a World War Two Navy friend, Churchill G. Carey from Connecticut General, who in turn provided capital for future projects. Carey would hold positions ranging from president to CEO of

460-602: Was renamed The Rouse Company . The company has been credited as the pioneer of the first successful food court in an enclosed shopping mall, when the food court at the Sherway Mall in Toronto opened in 1971. It followed an unsuccessful attempt at the Plymouth Meeting Mall in 1968, which reportedly failed because it was "deemed too small and insufficiently varied." The company moved its headquarters to

483-952: Was renamed the James W. Rouse & Company, Inc. , with Rouse owning 50% equity, his brother, Willard, 10%, and 40%, to company officers. The James W. Rouse Company built some of the first enclosed shopping malls, and it pioneered the development of festival marketplaces , such as Jacksonville Landing in Jacksonville , Faneuil Hall in Boston , South Street Seaport in New York City , Harborplace in Baltimore , and Bayside Marketplace in Miami . They also developed The Shops at National Place in downtown Washington, D.C. that opened in 1984–85. On 20 June 1966, The James W. Rouse Company

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506-506: Was restructured as the Rouse Company, adding Howard Research and Development (HRD) as a separate entity shielded Rouse Corporation from debt liability of the Columbia development. HRD lost money, with new rules affecting the parent company as well. In 1974, HRD was refinanced. Columbia Development Corporation was formed a subsidiary of HRD using subcontracted Rouse Company employees. In 1985 CIGNA (Connecticut General) divested its interest in HRD and

529-476: Was selected to run the subdivision. The symposiums held by the company gathered together investors like George Mitchell, who would go on to develop Woodlands, Texas using the Columbia model. The subsidiary was based at "Two Wincopin" in the second office building in built in Columbia in 1968. It was renamed the American City Building, using the subsidiary to lease the empty space and develop

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