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Peru Mall

Peru Mall
Map
LocationPeru, Illinois
Coordinates41°21′20″N 89°07′40″W / 41.35559°N 89.12772°W / 41.35559; -89.12772
Opening date1974
DeveloperRubloff Company[1]
OwnerGK Development
No. of stores and services18
No. of anchor tenants6 (3 open, 3 vacant)
Total retail floor area465,000 sq ft (43,200 m2)
No. of floors1

Peru Mall is a shopping mall located in Peru, Illinois, United States. The mall's anchor stores are Jo-Ann Fabrics, AMC Theatres, and Marshalls. There are 3 vacant anchor stores that were once Bergner's, JCPenney, and Sears. Other retailers include;Claire's, Buckle, and a few more. Directly outside the shopping center are Applebee's and Subway restaurants. The 465,000 square feet (43,200 m2) mall also serves as the major commercial center in the city of Peru.

History

Rubloff Company of Chicago built the mall in 1974. It originally featured Bergner's and Montgomery Ward.[2] The mall later gained JCPenney as a third anchor, and underwent a renovation in 1989.[3] The Mall's Movie Theater opened in 1989 by GKC Theatres with four screens. It was expanded twice in the 1990s, first to six, then eight screens. In 2005, Carmike Cinemas took over the theater after its purchase of GKC. It was acquired by AMC Theatres in 2016. Montgomery Ward closed in 2001 as one of the last stores in the company to close, and Sears moved into the space in 2003. Marshalls was added as a fourth anchor in 2006 in the former Walgreens spot. On March 17, 2017, it was announced that JCPenney would be closing as part of a plan to close 138 stores nationwide. The store closed on July 31, 2017.[4] On July 7, 2017, it was announced that Sears would also be closing as part of a plan to close 43 stores nationwide. The store closed in October 2017.[5] On April 18, 2018, it was announced that Bergner's would be closing as well on August 29, 2018, as parent company The Bon-Ton Stores was going out of business which left Jo-Ann Fabrics, AMC Theatres and Marshalls as the only anchors left.[6]

On August 18, 2020, the Peru City Council voted in favor of moving forward with a plan to convert the Peru Mall into apartment complexes accompanied by a shopping and dining center.[7] As of 2022, No major changes have been made. In 2024, An Auction of the former Sears Anchor was done and sold to a Private Investor based in California USA. It’s unknown who the identity of said investor is. So far, The only redevelopment done was some new concrete added to the walled off Bergners and Sears entrances, a new road way was paved infront of the mall which was needed. A new Ollies store is opening in the former Jo Ann’s store next to the subdivided Kmart across the street.


References

  1. ^ "Illinois". CSA Super Markets. 49: E48. 1973.
  2. ^ "CSA Super Markets - Google Books". April 1973. Retrieved 2013-03-06.
  3. ^ "Realty and Building - Google Books". July 1998. Retrieved 2013-03-06.
  4. ^ "J.C. Penney store in Peru Mall is closing | Free | newstrib.com". www.newstrib.com. Archived from the original on 2017-03-17.
  5. ^ "Sears store in Peru is closing (UPDATED) | Free | newstrib.com". www.newstrib.com. Archived from the original on 2017-07-07.
  6. ^ "Peru Bergner's among stores expected to be liquidated | Free | newstrib.com". www.newstrib.com. Archived from the original on 2018-04-19.
  7. ^ WGLC. ""The Crossroads" permits issued for Peru Mall property". WGLC.


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