Another long-struggling suburban Chicago mall will soon close its doors for good. Stratford Square Mall, in Bloomingdale, closed to the public this past Sunday,
Demolition at the recently-closed Spring Hall Mall is expected to begin this summer, as village officials said the buildings of the once-bustling suburban shopping center are now "obsolete."
The mall shuttered last month, with all stores inside closing alongside the mall besides a Cinemark movie theater and a Kohl's.
West Dundee officials announced Thursday that the village has completed its acquisition of the mall from Kohan Retail Investment Group, which owned the property since 2021, for $7 million.
Approximately 15% of the property is in neighboring Carpentersville.
As of Thursday, the village said it has "no specific plans for any of the acquired properties but anticipates that none of the structures acquired will be re-used."
“The mall facilities were constructed 43 years ago and were purpose-built for a retail environment that no longer exists outside of select suburban markets,” said Nelson. “More to the point, the buildings are obsolete and will require demolition."
Fencing is expected to go up around the mall and its parking lots in late spring, though access to Kohl's and Cinemark is slated to remain. Demolition is expected to begin this summer, with hopes of completion by fall, the village said.
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While the Cinemark movie theater was part of the acquisition, the Kohl's location was not. Dundee said there are no plans for the mall to reopen, but Cinemark and Kohl's are "expected to maintain business operations for the foreseeable future."
“The acquisition of the mall property is essential to the long-term reformatting of what will soon be the former Spring Hill Mall area,” West Dundee Mayor Chris Nelson said in a statement. “The complex nature of mall real estate all but requires the village’s involvement to make the property attractive for substantial reinvestment by the private sector.”
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"Almost uniformly, each developer with whom we spoke stated that the site has too many complications—too many owners, too many covenants, too many uncertainties,” Nelson said. “The village’s aim is to bring simplicity to the process so reliable developers with established track records will be interested in partnering to reformat the area. Without municipal intervention, that simply won’t happen.”
Spring Hill is one of two large suburban malls to close for good in a matter of weeks.
On April 21, Stratford Square Mall in Bloomingdale shuttered.
The mall announced the closure at the end of March.
"Stratford Square Mall, a product of the 1980s mall-building craze, has faced challenges while other enclosed malls adapted to changing retail landscapes," a Facebook post from the village stated. "Despite efforts by the Mayor and Village Board to collaborate with the mall’s owner, Namdar, negotiations faltered. Consequently, the Village of Bloomingdale took the initiative to acquire the mall and its anchor stores independently. After consolidating the property earlier this year, the Village is now poised to embark on a transformative mixed-use development."
