Regency Square is a 820,000 sq. ft. enclosed mall located in Richmond, Virginia. Its current owner is Taubman, who also owns the nearby Stony Point Fashion Park.
History[]
Regency Square opened in late 1975. Its anchor stores at the beginning were Sears, JCPenney, Miller & Rhoads and Thalhimer's.
The first renovation occured in 1987; its major addition was a food court. Cosmetic changes were also made, including changing the carpet's color from brown to green, its columns resurfaced with green marble, and the center court's fountain was demolished.
In 1991, the mall's original owners and proprietors, Quioccasin Associates, sold the mall to Prudential for $120M. Prudential owned the mall from 1991 to 1997. Michigan-based mall giant Taubman then bought the mall from Prudential in 1997. At the time, Regency's average sales were $400/sq.ft, surpassing Taubman averages of $365/sq.ft.
In 2012 in lieu of foreclosure, Bank of America took over the mall from from Taubman Centers.
In February 2015, a pair of veteran local development firms, Thalhimer Realty Partners and Rebkee Co, purchased 450,000 square feet of the mall (the remaining 370,000 sf are owned by Sears and JCP) for an estimated $13M.
In 2017, it was announced that the mall would undergo redevelopment to help revive the mall. This included transforming outdoor parts of the mall into an open plaza, apartments that would later be built on the old Sears site and stores featured on the outside part of the mall.
In September 2018, Chipotle, Mod Pizza and Starbucks opened on the outer side of the mall. Later in 2020 a trampoline park, Surge opened in the former space of Macy's and an Nova Aquatics Center did the same in 2021.
In March 2023, a new Sheetz building opened up where the former TireAmerica was at before its closure with Sears in 2017.
Former Tenants[]
5-7-9
Abercrombie and Fitch
American Eagle Outfitters
Ann Taylor
Applebee's
After Hours (became MW Tux)
August Max
Babbage's (became Gamestop)
Banana Republic
Benetton
Brentano's (became Waldenbooks)
Big Sky Shoes
Britches
Brooks Brothers
Casual Corner
Circuit City Express
Crabtree and Evelyn
Disco Sports
Disney Store
Eddie Bauer
Farrell's Old Fashioned Ice Cream Parlor
Fink's Jewelers
GAP
GAP Kids
Gordon's Jewelers
Great Train Store
Hecht's (became Macy's)
Hickory Farms
Hofheimer's
Hungate's (short-lived hobby store, left in Feb. '05)
Impulse
Kay Bee Toys
Kirkland's
Kornig Art Emporium
Lane Bryant
La Vogue
Laura Ashley
LensCrafters
Lerner New York
Lindt Chocolatier
Merle Norman
Miller & Rhoads (became Hecht's, now Macy's)
Mr. Dunderbach's
Natural Wonders
Nine West
Ormonds
O'Brienstein's
Pappagallo
Petite Sophisticate
Rave
Record Bar
Red Cross Shoes
Sam Goody
Schwarzchild Jewelers
Sea Dream Leather
Structure (became Express Men)
Texas de Brazil
Thalhimer's (became Hecht's, now Macy's)
The Limited
This End Up
Thom McAn Shoes
Ups-N-Downs
Waldenbooks
Warner Bros. Studio Store
Williams-Sonoma