4. Regency Court
Regency Court was built as a 220,000 square foot retail center across the street from Regency Square Mall in 1973 at 9382 Arlington Expressway. The shopping center’s original tenants included J.M. Fields and Pantry Pride. Last renovated in 2011, the 16.82 acre shopping center was hit hard with the closure of long time tenants such as Sports Authority, Comp USA and Office Depot, sending its occupancy rate down to 34 percent. Regency Court was recent purchased by Virginia-based Mishorim USA for $5 million. Mishorim is in the midst of a $12 million renovation project with plans to fill vacant retail spaces with entertainment uses. Entertainment uses chould include a trampoline park, go-karts, bumper cars, an arcade, bowling, escape rooms and zip lines.
3. Roosevelt Square*
Roosevelt Mall opened in 1961 as an open air shopping center. The shopping center was converted into an enclosed mall in 1968. Anchors during this era included Ivey’s, Furchgott’s, Levy-Wolf, Purcell’s and F.W. Woolworth. Atlanta based Dewberry Capital Corporation purchased the 260,000 square foot mall in 1997. Since then Roosevelt has been converted back into its original use, an open air strip shopping center. Up until 2017, Roosevelt Square’s anchors included Stein Mart, Belk and Publix. With the recent closure of Belk, Dewberry Capital plans an extensive retrofit of the popular shopping center. The former Belk store will be demolished and several new infill retail buildings will be added throughout the property. Rumored new tenants include Petsmart and Ulta.