Franklin Park Mall

Franklin Park Mall is a shopping mall in Toledo, Ohio. Its anchor stores are Macy's, Dillard's, JCPenney and Dick's Sporting Goods.
== History ==
Developed by The Rouse Company, the mall opened on July 22, 1971, occupying the former site of the Franklin Airport. The mall was built using the Syncon modular building subsystems for an estimated savings of $500,000. When the mall opened, its original anchor stores were Hudson's, JCPenney, and local department store Lamson Brothers. The mall comprised about 75 stores in 940,000 square feet (87,000 m2) of floor space, with the 294,000 square feet (27,300 m2) JCPenney anchor being one of the largest in the chain at the time. Mall concourses featured sunken courts before the entrance to each department store, skylights, and a mobile constructed by Alexander Calder in front of the Hudson's entrance.
In 1974, Lamson Brothers went bankrupt and the store was replaced by Jacobson's of Jackson, Michigan. This store was the fourteenth in the Jacobson's chain.
In 1993, Rouse significantly remodeled the mall and added a new wing anchored by The Lion Store. In 1998, The Lion Store was renamed Dillard's, while in 2001, Hudson's was renamed Marshall Field's. 
In 1996, Kohl's opened east of the mall.
The Westfield Group acquired the shopping center in early 2002, and renamed it "Westfield Shoppingtown Franklin Park", dropping the "Shoppingtown" name in June 2005. Jacobson's went bankrupt and closed its location in early 2002, days before Westfield announced the takeover.
The former Jacobson's was demolished in 2004 and in its place a new wing, the centerpiece of a massive $100 million renovation, opened in 2005. It was at this time that a new National Amusements multiplex theater and Dick's Sporting Goods were built, as well as a new Food Court and Borders Books. Marshall Field's became Macy's in 2006.
In 2008 Westfield held a press conference at Franklin Park to announce were shoe retailer DSW Warehouse, clothing store Old Navy, and an Ulta cosmetic salon. The stores opened as part of the 49,000-square-foot (4,600 m2) addition.
After Borders went out of business in 2011, its space became Forever 21, which relocated from a smaller store within the mall.
In fall 2013 the mall was sold to Starwood Capital Group with 7 other Westfield properties. As a result, it reverted to Franklin Park Mall.
In March 2020, it was reported that owner, Starwood Retail Partners, defaulted on a ₪900 million (approximately $250 million) in Israeli bond loans and was forced to restructure and divest their "Starwood West" package of malls, including Franklin Park. The top bidder on the package was a joint venture of Golden East Investors and Pacific Retail Capital Partners. The venture, as agreed to by Starwood's senior trustees, is designed to resolve debts and stabilize assets, ending in a potential sale to Pacific Retail or a similar company. Pacific Retail subsequently took over management from Jones Lang LaSalle (who Starwood had placed over the mall when their financial troubles began) in December 2020
Category:Malls in Ohio
Category:Malls in the United States
Category:Shopping Malls
Category:Former Westfield Malls
Category:Starwood Capital Group Malls
Category:Multi-Level Malls
Category:Malls that opened in 1971
Category:Former Jacobson's-anchored Malls
Category:Former The Lion Store-anchored Properties
Category:Pacific Retail Capital Partners Malls