The Lakewood mall’s 10 a.m. Tuesday reopening comes together 1 in 5 malls in America in peril of close up door in the following 5 years


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Helen H. Richardson, The Denver Post

Andre Yerkes organizes stuffed bears in a brand-new store referred to as Birthdazed as he gets ready for the reopening that Colorado Mills shopping mall on Nov. 20, 2017 in Lakewood.


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Helen H. Richardson, The Denver Post

Employees in ~ Beef Jerky experience clean and organize the save as shop owner prepare because that the reopening the Colorado Mills shopping mall on Nov. 20, 2017 in Lakewood.


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Helen H. Richardson, The Denver Post

Workmen move gear through Colorado Mills shopping mall on Nov. 20, 2017 in Lakewood. The shopping mall was greatly damaged during a hail storm in might of 2017. Colorado Mills announced this day that more than 100 stores and eateries will open in November and also Dec. In anticipation that the vacation shopping season.


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Helen H. Richardson, The Denver Post

Employees at LEGO clean and also organize the store as shop owners prepare because that the reopening the Colorado Mills mall on Nov. 20, 2017 in Lakewood.


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Helen H. Richardson, The Denver Post

Workmen install home windows at off Broadway shoe Warehouse together shop owner prepare for the reopening that Colorado Mills shopping mall on Nov. 20, 2017 in Lakewood.


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Helen H. Richardson, The Denver Post

employees of dairy Queen and also Orange Julius get their store readied because that the reopening of Colorado Mills shopping mall on November 20, 2017 in Lakewood.

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Helen H. Richardson, The Denver Post

Workmen in ~ OskKosh B'Gosh occupational inside the save in anticipation the the reopening the Colorado Mills mall on Nov. 20, 2017 in Lakewood.


Colorado Mills’ comeback native a damaging springtime hailstorm begins at 10 a.m. Tuesday, when much of the mall opens up its doors because that the very first time due to the fact that May.

The relaunch the the 1.1 million-square-foot shopping complex in Lakewood — workers were still clean windows, stocking inventory and installing keep shelves 24 hours beforehand — comes at a time of extreme retail skepticism in which digital shopping proceeds to encroach ~ above the timeless brick-and-mortar model.

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There have actually been no shortage of stories this year about the troubles facing classic mall anchors choose Macy’s, J.C. Penney and also Sears, which have actually shuttered stores around the nation as virtual shopping has exploded. This battle is play out in ~ Chapel Hills mall in Colorado Springs, where previously this month, the 1.2 million-square-foot facility was hit with a pair that foreclosure notices totaling $37 million.

And the forecast nationwide offers small hope. A report from Credit Suisse previously this year warned that between 20 and also 25 percent of purchase malls can close in the United claims over the next five years.


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Helen H. Richardson, The Denver Post
Employees in ~ LEGO clean and also organize the store as shop owners prepare for the reopening of Colorado Mills shopping mall on Nov. 20, 2017 in Lakewood.

The viability of Colorado Mills won’t start coming into focus until Tuesday, as soon as shoppers get their an initial look inside the 15-year-old mall since the may 8 storm punched holes in the roof and also poured untold gallons of water into the building, trashing keep interiors and ruining millions of dollars worth of inventory.

Jon Schallert, a Longmont-based sleeve analyst with the Schallert Group, claimed not to counting the shopping facility out. Colorado Mills has enough specialty and also outlet shop in that portfolio, along with a supervisor Target and a movie theater, that it is quiet an attractive destination for countless consumers.

“Generic malls space in dire shape, especially in large metro areas,” Schallert said. “Colorado Mills has a big enough concentration of distinctive specialty stores that human being are walking to go there.”

West suburban consumers have developed alternate shopping patterns over the critical half-year, whether it’s acquisition their organization to Flatiron cross Mall in Broomfield or Cherry Creek Shopping center in Denver, however those deserve to be easily broken in the name of proximity and convenience, that said.


Plus, Schallert said, for this reason many world are moving into the metro area every month that Colorado Mills will have a sizable brand-new pool of customers to tap.

Paula Rosenblum, a sleeve analyst and also managing partner with RSR Research, agreed. She stated the less-than-rosy prognosis because that America’s malls — predicated ~ above the idea the if an anchor keep goes under, for this reason does the mall — is overblown.

Smart shopping center operators can fill — and also have to fill — those failing spaces with various other shopping options and administer the consumer with a compelling location rather than simply a location to recording dollars.

“It’s necessary to remember that shopping is a social experience,” Rosenblum said.

Simon property Group, Colorado Mills’ owner, to know the retail video game well and also can it is adapted to an altering market conditions, she said.

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Helen H. Richardson, The Denver Post
Workmen install home windows at off Broadway shoes Warehouse as shop owners prepare because that the reopening that Colorado Mills shopping center on Nov. 20, 2017 in Lakewood.

“These males are no dumb guys,” Rosenblum said. “They understand they have to create a destination.”

Gregg Goodman is chairman of The Mills, a Simon subsidiary. He isn’t concerned around the mall’s extended closure permanently driving consumer to other shopping centers or online retailers this vacation season.

“By and large, over there is a feet in the market right currently that has not been filled,” he said. “We room comfortable that by opened the doors and providing a customer suffer in the same fashion that us have been law in the past that our customers will certainly be excited to come back and join us.”

Count Michelle Jones, an Arvada mother of three, amongst the excited.

“I didn’t realize how much us went there till it to be closed,” said Jones, that plans to be in ~ the shopping mall Tuesday.

While she has had actually to take she shopping somewhere else in the critical half-year, Jones claimed there are details stores at Colorado Mills Mall the she desires to get back to, namely Ann Taylor, the Lego Store and also the Nike Outlet Store.

In combination with few of the stores and restaurants neighboring the shopping mall on West Colfax Avenue, she said, Colorado Mills serves together a time-saving one-stop destination.

“You can obtain a lot done over over there if you require to,” Jones said.

Shoppers won’t see a full-strength Colorado Mills top top Tuesday, with only about 100 stores the end of 160 sleeve spaces back open. They will sign up with a half-dozen businesses through exterior gates that opened previously this fall.

Goodman stated there has actually been small turnover ~ above the mall’s tenant list throughout the extended closure. He stated some retailers used the closure as an possibility to roll out brand-new store designs. Others will certainly be new, like Los Chingones, a hip mexico restaurant occurred by well-known Denver restaurateur troy Guard the will open up a place at the Mills next year.

Goodman stated he expects complete operations in ~ the mall to resume in 2018.

“We will be working as soon as the facility is not open up to end up that piece and get the other tenants earlier open,” that said. “We wanted to offer people a possibility to get earlier to work-related at your jobs, and also we wanted to offer the retailers in the facility a opportunity to be open up for all the all-important holiday season and also generate revenues.”

That won’t it is in the instance for Jeff Cleveland, owner that Cleveland Creek Lodge & log Furniture, who was allowed access to his retail room inside the mall just two job ago. He doesn’t suppose to open his keep for another pair of weeks.

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He wished there had been better communication from Simon about who especially would have the ability to open through Tuesday so the he might have remained in a much better position come restock and also reopen.

“We wish we might have been back in business sooner,” Cleveland said. “We’re walk to miss all the black Friday sales, and also we have the right to never get those back.”