Retrofit Atlas

Malls · Florida

Crystal River Mall

Imported, unreviewedDemolishedCrystal River, FL

Crystal River Mall opened 1990, lost anchors, entered foreclosure, closed 2022, demolished 2023; Rural King still operates on the site. · summary, model-written

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Crystal River Mall
Crystal River Mall. Photo: The Bushranger, CC BY-SA 4.0, via Wikimedia Commons.

Site profile13 elements · what this retrofit is built with · tap a chip for the evidence

Former anchors
BelkThis site: Belk wikipedia · all sites with this
Belk-LindseyThis site: Belk-Lindsey wikipedia · all sites with this
JCPenneyThis site: JCPenney wikipedia · all sites with this
KmartThis site: Kmart wikipedia · all sites with this
SearsThis site: Sears wikipedia · all sites with this
Finance and pipeline
Closed or demolished, no retrofit recordedThis site: …demolished extraction · all sites with this
Place
FEMA special flood hazard areaThis site: AE fema-nfhl · all sites with this
Fast-growing county (8%+ 2018–23)This site: 11% census-acs · all sites with this
High coastal flooding riskThis site: Relatively High fema-nri · all sites with this
High hurricane riskThis site: Very High fema-nri · all sites with this
High natural hazard risk (FEMA NRI)This site: Relatively High; hurricane, coastal flooding, lightning fema-nri · all sites with this
Lower-income tract (< $50k)This site: $48,668 census-acs · all sites with this
Tract house prices doubled in 10 yearsThis site: +137% fhfa · all sites with this

All elements and lists · Trends

Now

StatusDemolishedextracted, unreviewed

Securitised debt and public filers

Filings (2001 to date) that name “Crystal River Mall” and “Crystal River” (98 hits, first 98 sampled, 7 other filers such as tenants left out). Only weak matches to commercial-mortgage trusts: the mall may have backed a securitised loan, or may just be mentioned in the filing; several trusts usually means one loan split into pari-passu notes. Earliest trust filing in the sample 2002-04-19 (a sample date, not the issuance date); Whether the loan is still in the pool, in special servicing or repaid is in the trust's monthly distribution reports, which are not searchable here. Text matches, not a title search. Open the search · all trusts.

KindFilerFilingsDatesForms
CMBS trust (weak)CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP42002-04-19 to 2002-05-318-K 4
Public owner (strong)SIMON PROPERTY GROUP INC /DE/ (SPG, SPG-PJ)622002-05-17 to 2012-02-288-K 39, 10-K 20, 10-K/A 2, 8-K/A 1
Public owner (strong)SIMON PROPERTY GROUP L P /DE/242001-03-30 to 2012-03-0210-K 22, 10-K/A 2

As reported by the owner

Property tables from the owner's annual report (Form 10-K, Item 2) on EDGAR, one row per filing year. GLA, occupancy and anchors are the filer's own figures at that year end; “leased” counts signed leases, “occupied” counts open stores; ownership is the filer's share. Matched by name and place, unreviewed; the verbatim table row is in sec_facts.csv.

Year endFilerName in filingGLA sq ftOccupancyYearsShareSales psfAnchors listed
2009Simon Property Group 10-K, 2010-02-25Crystal River Mall Crystal River, FL
match: exact		420,10977.2% occupiedbuilt 1990100.0%
Fee		JCPenney, Sears, Belk, Kmart, Regal Cinema

Site context

FEMA flood zoneAE · COASTAL FLOODPLAIN · special flood hazard areaFEMA NFHL
EPA-regulated facilities within 500 m3: HIDDEN LAKES RV RESORT; KMART #3874; SEARS CRYSTAL RIVEREPA FRS
Census tract 120174503052,850 people, 235 per sq mi; median household income $48,668; median gross rent $941; 29% renters; 10.6% vacant units; 0.0% commute by transitACS 2023 5-year
Within a 10–15 minute walk (800 m)0 of 6 daily needs: 0 grocers, 0 schools, 0 parks or playgrounds, 0 health, 0 civic, 0 food and drink; 1 cycleway segments, 18 sidewalk-tagged segmentsOpenStreetMap
Opportunity ZonenoHUD
Housing permits, Citrus County (FL), 20240 units in 5+ unit buildings, 28 in 2–4, 2,415 single-family; 2023: 0 in 5+Census BPS
Social vulnerability (CDC SVI 2022, tract)overall percentile 0.69; socioeconomic 0.83; housing and transport 0.75; 45% below 150% of poverty; 6% of households with no vehicleCDC/ATSDR
Overture Mapsplace Crystal River Mall (shopping_mall, confidence 0.55, from BrightQuery, Overture); building footprint 44,258 m²Overture (CDLA-Permissive 2.0)
Attention: Wikipedia page views31,640 since 2015; 2,130 in the last 12 months (-7% vs the prior 12); peak 2018-05 with 743Wikimedia
Tract change 2013–2023tract boundary changed between the 2010 and 2020 census; no 2013 comparisonCensus ACS
Natural hazard risk (FEMA National Risk Index, tract)relatively high overall (score 92.2); expected annual loss $3.3M; high: hurricane, coastal flooding, lightning; community resilience very lowFEMA NRI
Tax-credit housing within 1 kmnoneHUD LIHTC
Retail trade in the county, 2012 to 2023444 establishments (-2%); 6,453 jobs (+19%)Census CBP
Housing market in the countytypical home value $268,688 (-1% 1 yr, +16% 5 yr); typical rent $1,755/mo (+2% 1 yr), 2026-09Zillow Research
House price index, tract, 2025305 (2000 = 100); -2.7% 1 yr, +62% 5 yr, +137% 10 yrFHFA
Traffic on the busiest road within 600 m (2024)15,200 vehicles a day on N SUNCOAST BLVD (principal arterial, 4 lanes); 1,733 trucks; 12 counted segmentsFHWA HPMS

Summary, model-written

Crystal River Mall opened in 1990 and gradually added anchors such as JCPenney, a movie theater, OfficeMax, and later Rural King. Beginning in 2011 the mall experienced high vacancy, foreclosure, and the loss of major tenants including Sears, JCPenney, and Kmart, leading to its closure in 2022 and demolition in 2023, while Rural King remains open.

Why. The decline was driven by the loss of anchor tenants and rising vacancy, which prompted financial distress and a foreclosure sale to Boxer Properties in 2011. These anchor losses and the subsequent sale are the primary causes visible in the record.

Where it stands. The mall is currently demolished; the last recorded owner was Boxer Properties following the 2011 foreclosure sale, though present control after demolition is not stated.

For a planner

  • - Precedent of anchor tenant reuse (Rural King continuing operations).
  • - Policy tools observed: foreclosure process and sale to a private investor.
  • - Open question: what future land use or zoning will apply to the cleared site.
  • - Open question: whether any environmental remediation is needed post-demolition.

For a developer

  • - Site size: approximately 429,683 sq ft of GLA.
  • - Control: last known owner Boxer Properties; current ownership unclear after demolition.
  • - Entitlement stage: site demolished, so no active entitlements; any redevelopment would require new approvals.
  • - Context constraints: flood risk, transit access, and environmental factors are not specified in the record.
  • - Market signal: Citrus County grew 10.9% from 2018 to 2023, indicating regional population growth.

What we do not know yet

  • - Current owner or controlling entity after demolition is unknown.
  • - Zoning and future land‑use designation for the cleared site are not provided.
  • - Floodplain, wetland, or other environmental constraints are not specified.
  • - Transit proximity and accessibility details are missing.
  • - The exact demolition date and any remediation work are not detailed in the record.

Generated by nvidia/nemotron-3-super-120b-a12b on NVIDIA API via Hermes CT from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.

Similar sites

Elsewhere on the web

Pages with photos

Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar

Multifamily screen

  • closed or demolished site (sourced)
  • county grew 10.9% 2018–23

Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.

History and original facts

Opened1990Wikidata
Closed2022extracted, unreviewed
Gross leasable area429,683 sq ftEsri 2014 layer
Stores at peak60Esri 2014 layer
Original developerEdward J. DeBartolo Corporationextracted, unreviewed
AnchorsJCPenney, Sears, Kmart, Belk, Rural King, Belk-Lindsey
AddressSuncoast Blvd. & Turkey Oak
CountyCitrus
Census division5 · South Atlantic
NotesWikipedia categories: Demolished shopping malls in the United States

Not yet recorded: acres, what is there now, retrofit year. Know it? Tell us.

Background

Crystal River Mall was an enclosed shopping mall in Crystal River, Florida, United States. It opened in 1990, closed in 2022, and was demolished in 2023. It was anchored by Rural King, which remains open.

Excerpt from Wikipedia (authors and history), CC BY-SA 4.0. May be older than the record above.

Timeline

  1. 1990 Opened (Wikidata)
  2. 1990 Mall opened
  3. 1992 JCPenney opened
  4. 1999 OfficeMax opened
  5. 2011 High vacancy under Simon Property Group
  6. 2011 Foreclosure and sale to Boxer Properties
  7. 2012 Sears closed
  8. 2013 JCPenney closed
  9. 2014 Rural King took over Sears
  10. 2017 Kmart closed

Sources

  • found by hermes-web (staffboxfree) · supports: original developer, status, year closed
    17 quoted sentences
    It opened in 1990, closed in 2022, and was demolished in 2023.
    Edward J. DeBartolo Corporation proposed Crystal River Mall in 1988
    was demolished in 2023.
    The mall opened on October 17, 1990, with guest appearances from Phyllis Diller, Jack Jones, and The Lettermen.
  • Esri StoryMaps: Closed_US_Malls feature layer (2014) · 2014-10-02

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