Square One Mall

Square One Mall is a shopping mall located along US Route 1 (Broadway) between Main Street and Essex Street in Saugus, Massachusetts. Anchor stores include Macy's, Dick's Sporting Goods, Best Buy, T.J. Maxx, and BD's Furniture.
The mall was a $100 million project undertaken by New England Development Corporation to redevelop the former New England Shopping Center which consisted of Sears, Service Merchandise and the former General Cinemas which had closed in the mid-1980s. The construction of the mall was unique since it incorporated the previously built structure of Sears, signs of this being the difference in building materials between Sears and the rest of the mall. The mall opened for business on August 17, 1994.
The mall is credited with bringing sprawl and strip development to Saugus, especially along the Route 1 corridor. Route 1 through the area is a 6 lane highway (3 lanes in each direction) with a speed limit of 50 mph (80 km/h).
Filene's Basement, one of the malls former anchors, filed for bankruptcy protection on May 4, 2009. New York’s Crown Acquisitions, made a bid to buy Filene's Basement including their famous Downtown Crossing location which closed in 2007. All Filene's Basement stores closed in December 2011.
In 2015, Sears Holdings spun off 235 of its properties, including the Sears at Square One Mall, into Seritage Growth Properties. Sears downsized its store to the lower level in 2017 and part of the auto center was expected to become LongHorn Steakhouse in 2019. This did not happen. The Sears is now vacant.
Category:Shopping Malls
Category:Malls in Massachusetts
Category:Former Sears-anchored Malls
Category:Sears-anchored Malls
Category:Macy's-anchored Malls
Category:Dick's-anchored Malls
Category:Best Buy-anchored Properties
Category:T.J. Maxx-anchored Properties
Category:BD’s Locations
Category:Former Service Merchandise-anchored Locations
Category:Former General Cinemas-anchored Properties
Category:New York’s Crown Acquisitions Locations
Category:Former Filene's-anchored Malls
Category:Seritage Locations
Category:LongHorn Steakhouse Locations
Category:Malls in the United States
Category:Malls that opened in 1994
Category:1994
Category:North America