DeVargas Center
 | |
| Location | Santa Fe, New Mexico |
|---|---|
| Coordinates | 35°41′34.03″N 105°57′2.27″W / 35.6927861°N 105.9506306°W |
| Address | 564 N Guadalupe St |
| Opening date | 1973 |
| Developer | Nash Hancock |
| Owner | Fidelis Reality Partners[1] |
| Architect | William Lumpkins |
| No. of stores and services | 55 |
| No. of anchor tenants | 5 |
| Total retail floor area | 320,000 sq ft (30,000 m2) (adjacent Market Street included) |
| No. of floors | 1 |
| Website | devargascenter |
DeVargas Center is an enclosed shopping center in Santa Fe, New Mexico[2] named after Diego de Vargas. Originally named DeVargas Mall, the shopping center is one of two enclosed malls in Santa Fe.
History
[edit]1973-1987
[edit]DeVargas Mall was developed by Kentucky businessman Nash Hancock and formally opened its doors in 1973.[3] However, an Albertsons and Factory 2-U already had opened a few years prior. The structure was designed by Santa Fe architect William Lumpkins.[4] In 1975, luxury men's department store Goodman's relocated from the Santa Fe Plaza.[5] In 1977, the center added a Montgomery Ward and JCPenney as anchors and a United Artist two-screen theater.[6][7] When the Villa Linda Mall opened in 1985, JCPenney relocated to the southwest side of town. The site would later be replaced by upscale department store C. R. Anthony Co.[8]
1988-2000
[edit]The mall changed ownership for the first time in Weingarten Realty and underwent $1-million renovation which included upgrading the interior and expanding the theater.[9] In 1996, Ross Dress for Less opened up a new-to-market location.[10] In 1998, Montgomery Ward announced bankruptcy and shuttered its Santa Fe location.[11] That same year Albertsons purchased the former Montgomery Ward location and announced plans to reconstruct the building.[12]
2001-present
[edit]In 2010, Fidelis Realty Partners purchased the property from Weingarten Realty Management Co, Inc.[13] In 2016, several tenants from nearby Sanbusco Marketplace relocated to the center following New Mexico School of the Art's purchase of the property.[14] During that same year, anchor tenant Hastings filed Chapter 11 bankruptcy and closed all of its stores.[15] In 2017, the Regal Cinemas closed its six-screen theater[16] In 2018, the shopping center announced plans to reconstruct the west side of the complex to include The Alley, a lounge and bowling alley.[17] In 2019, T.J. Maxx announced HomeGoods subsidiary plans to occupy one of the anchors at the center.[18] In 2022, Sierra Trading Post remodeled the former Hastings location.[19]
External links
[edit]
References
[edit]- ^ "Leasing Information".
- ^ "DeVargas Center".
- ^ "De Vargas Center owner 'no newcomer' to Santa Fe" Santa Fe New Mexican, 31 October 73. Retrieved on 05 October 17.
- ^ "DeVargas Center".
- ^ Murphy, Victoria "Great things are coming for Santa Fe" Albuquerque Journal Albuquerque, 18 April 14. Retrieved on 7 October 17.
- ^ Valerde, Victoria "DeVargas Center movie theater in Santa Fe scheduled to close" KRQE Albuquerque, 18 January 17. Retrieved on 05 October 17.
- ^ Jadrnak, Jackie "De Vargas theaters are shutting down" Albuquerque Journal Albuquerque. 18 January 17. Retrieved on 05 October 17.
- ^ "A Happy Birthday for De Vargas" Santa Fe Reporter, Santa Fe, 13 October 93. Retrieved on 07 October 17.
- ^ Cook, Lynn "Weingarten Realty continues buying binge outside Houston" Business Journal, Houston, 6 September 99. Retrieved on 07 October 2017
- ^ "A Major Coup for DeVargas Center" Santa Fe Reporter, Santa Fe, 28 February 96. Retrieved on 07 October 17.
- ^ Hamilton, Martha "Montgomery Ward to close all stores" The Washington Post, Washington D.C., 29 December 00, Retrieved on 05 October 17.
- ^ "DeVargas" Santa Fe New Mexican, Santa Fe, 27 March 2005. Retrieved on 05 October 17
- ^ "Stocks". Bloomberg News.
- ^ Carrillo, Edmundo. "Many stores at Sanbusco Market Center have migrated across downtown to DeVargas Center" Albuquerque Journal, Albuquerque, 16 January 16. Retrieved on 05 October 17.
- ^ Valdes, Alisa "Hastings Entertainment store to shutter New Mexico locations" Santa Fe New Mexican, Santa Fe, 22 July 16. Retrieved on 05 October 17.
- ^ Valerde, Victoria "DeVargas Center movie theater in Santa Fe scheduled to close" KRQE Albuquerque, 18 January 17. Retrieved on 05 October 17.
- ^ Casaus, Phill. [1]Santa Fe New Mexican, 14 March 18. Retrieved 15 March 18
- ^ "DeVargas Center to add anchor".
- ^ "Outdoor retailer Sierra to open store in DeVargas Center".