Regency Square Mall Thread

[jaxdan3]

Well it's for sale now...

http://www.bizjournals.com/jacksonville/news/2013/08/13/new-york-firm-marketing-regency-square.html

[I-10east]

It's amazing how well all of these Jax malls are doing outside of Regency. I went to The Avenues a couple of days ago on a weekday afternoon, and that place was freakin' packed! Orange Park Mall, SJTC, and RCMP are also doing well. I really hope that something can be done with Reg. Crime (like constant thievery, a policeman getting shot chasing a thief, etc) from that surrounding area is what brought Reg down.   

[JayBird]

Nice to see the possibility for it to be redeveloped by a new mind. Is it me or are lot of properties being brought to market in Jax in the past month?

Also, from article linked above ... Is this really true?

The mall, built in 1971, is 71 percent occupied, according to the marketing materials.

[carpnter]

Nice to see the possibility for it to be redeveloped by a new mind. Is it me or are lot of properties being brought to market in Jax in the past month?

Also, from article linked above ... Is this really true?

The mall, built in 1971, is 71 percent occupied, according to the marketing materials.

It's been a few months since I was in Regency Square, but I find it very hard to believe that it is 71% occupied.

[thelakelander]

71% if you include the anchor stores...

[coredumped]

It's amazing how well all of these Jax malls are doing outside of Regency. I went to The Avenues a couple of days ago on a weekday afternoon, and that place was freakin' packed! Orange Park Mall, SJTC, and RCMP are also doing well. I really hope that something can be done with Reg. Crime (like constant thievery, a policeman getting shot chasing a thief, etc) from that surrounding area is what brought Reg down.   

Just a little fun fact, there's more crime at the town center than regency.

[FSBA]

71% if you include the anchor stores...

I wonder if they're including the old Montgomery Ward area. Its not even listed on any floor maps anymore. Either way the mall is still going down. I found this BizJournal article (http://www.bizjournals.com/jacksonville/stories/2010/02/08/story2.html?page=all) from Feb. 2010 reports an 80% occupancy rate.

Whoever buys the place has to have a vision and alot of commitment.

[JayBird]

Whoever buys the place has to have a vision and alot of commitment.

Very true, key point

[duvaldude08]

It's amazing how well all of these Jax malls are doing outside of Regency. I went to The Avenues a couple of days ago on a weekday afternoon, and that place was freakin' packed! Orange Park Mall, SJTC, and RCMP are also doing well. I really hope that something can be done with Reg. Crime (like constant thievery, a policeman getting shot chasing a thief, etc) from that surrounding area is what brought Reg down.

Maybe its just me, But Im not to high on  indoor Malls. I stay 5 minutes from OP now so I visit the OP mall quite often and besides there being alot of people there, its just Blah to me. The avenues included. No mall in Jax gives me a WOW factor, they just exist, IMO.

[I-10east]

Just a little fun fact, there's more crime at the town center than regency.

Yeah, that's not too surprising given the emptiness of Regency. With it's major reduction of stores to steal from in contrast to it's 'glory' days, combined with the decent security/police esp in the East Mall. Crime at Reg's peak compared to SJTC's highest is no contest. Believe me, I'm not trying to go all out to diss Regency, I want Regency to succeed. Even though it's in the doldrums right now, I try to make it out there atleast once a month.

[I-10east]

Maybe its just me, But Im not to high on  indoor Malls. I stay 5 minutes from OP now so I visit the OP mall quite often and besides there being alot of people there, its just Blah to me. The avenues included. No mall in Jax gives me a WOW factor, they just exist, IMO.

The only mall that wowed me was the Mall of America in Minnesota; That's mainly due to it's awesome indoor theme park, Nickelodeon Universe. I guess the Mall of Millenia in Orlando supposed to be the 'Wow mall' or whatever, I thought that it was just okay. I'm not a big high fashion guy to spend all of my money on an ugly outfit. SJTC, and St Auggie has alot of that stuff too. The farthest I'd go with high fashion is a decent priced wallet once in a blue moon.

[duvaldude08]

Maybe its just me, But Im not to high on  indoor Malls. I stay 5 minutes from OP now so I visit the OP mall quite often and besides there being alot of people there, its just Blah to me. The avenues included. No mall in Jax gives me a WOW factor, they just exist, IMO.

The only mall that wowed me was the Mall of America in Minnesota; That's mainly due to it's awesome indoor theme park, Nickelodeon Universe. I guess the Mall of Millenia in Orlando supposed to be the 'Wow mall' or whatever, I thought that it was just okay. I'm not a big high fashion guy to spend all of my money on an ugly outfit. SJTC, and St Auggie has alot of that stuff too. The farthest I'd go with high fashion is a decent priced wallet once in a blue moon.

I mostly an online shopper now a days. Lets stress, less people, bigger selection. I wear purchase big and tall clothes, which is much easier to find online. I am 44x34 and that is an odd size. Most stores regular sizes stop at 42, and the "big" sizes start at 48. So I usually get annoyed trying to shop in person. LOL

[I-10east]

^^^Online is the way to go.

[KenFSU]

The Jax Business Journal is reporting that the Regency Mall has been sold to Rockwood Real Estate Advisors based in New York City.

[Traveller]

I think Rockwood is more of a broker or selling agent.  The buyer was not named in the article.