Malls · Florida
Gulf View Square
Active housing redevelopment on 760k sq ft former mall site; confirmed by completed Gables project; supported by county growth and housing market data. · summary, model-written
Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from. documented = a quoted excerpt (click to read it) · reported = a source named, no excerpt yet · no source.
Site profile6 elements · what this retrofit is built with · tap a chip for the evidence
JCPenney
This site: JCPenney wikipedia · all sites with thisMacy's
This site: Macy's wikipedia · all sites with this30,000+ vehicles a day on an adjacent road
This site: 63,000 on US-19 fhwa-hpms · all sites with thisFast-growing county (8%+ 2018–23)
This site: 15% census-acs · all sites with thisRedeveloped
This site: The Gables at Gulf View, which opened in September, was built on a site formerly occupied by JCPenney and Macy’s. record · all sites with thisHousing
This site: …new_use field newtypes-extraction · all sites with thisNow
| Status | Retrofit builtWikipedia no source |
|---|---|
| Strategy | RedevelopedWikipedia no source |
| New uses | housingWikipedia no source |
| What is there now | The Gables at Gulf View, which opened in September, was built on a site formerly occupied by JCPenney and Macy’s.newtypes-extraction reported |
| Redeveloper | Mason Asset Management and operating partner Namdarnewtypes-extraction reported |
Securitised debt and public filers
Filings (2001 to date) that name “Gulf View Square” and “Port Richey” (171 hits, first 100 sampled, 2 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 2026-03-20 (a sample date, not the issuance date); candidate loan vintage 2014 from the trust name (weak match). 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.
| Kind | Filer | Filings | Dates | Forms |
|---|---|---|---|---|
| CMBS trust (weak) | COMM 2014-CCRE16 Mortgage Trust | 7 | 2026-03-20 to 2026-09-25 | 10-D 6, 10-D/A 1 |
| Public owner (strong) | SIMON PROPERTY GROUP INC /DE/ (SPG, SPG-PJ) | 64 | 2002-05-17 to 2014-04-22 | 8-K 48, 10-K 15, 8-K/A 1 |
| Public owner (strong) | WP Glimcher Inc. | 23 | 2014-11-04 to 2018-10-25 | 8-K 14, 10-Q 7, 8-K/A 1, 10-K 1 |
| Public owner (strong) | Washington Prime Group, L.P. | 8 | 2016-11-03 to 2018-10-25 | 10-Q 7, 10-K 1 |
| Public owner (strong) | SIMON PROPERTY GROUP L P /DE/ | 2 | 2001-03-30 to 2002-04-01 | 10-K 2 |
| Public owner (weak) | GLIMCHER REALTY TRUST | 1 | 2014-11-04 to 2014-11-04 | 8-K 1 |
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 end | Filer | Name in filing | GLA sq ft | Occupancy | Years | Share | Sales psf | Anchors listed |
|---|---|---|---|---|---|---|---|---|
| 2016 | Washington Prime Group 10-K, 2017-02-24 | Gulf View Square Port Richey, FL match: exact | 756,098 | 92.1% occupied | acquired 1996 | 100.0% Fee | Best Buy, Dillard's, Macy's, Sears, T.J. Maxx, World of Décor | |
| 2014 | Washington Prime Group 10-K, 2015-02-26 | Gulf View Square Port Richey, FL match: exact | 754,818 | 96.1% occupied | built 1980 | 100.0% Fee | Macy's, Dillard's, Sears, Best Buy, T.J. Maxx, | |
| 2009 | Simon Property Group 10-K, 2010-02-25 | Gulf View Square Port Richey, FL match: exact | 753,572 | 82.4% occupied | built 1980 | 100.0% Fee | Macy's, Dillard's, JCPenney, Sears, Best Buy |
Site context
| Housing permits, Pasco County (FL), 2024 | 1,250 units in 5+ unit buildings, 34 in 2–4, 5,481 single-family; 2023: 464 in 5+Census BPS |
|---|---|
| Retail trade in the county, 2025 (BLS QCEW) | 25,992 jobs in 1,718 establishments; average annual pay $39,933; employment location quotient 1.75; employment +1.0% on the yearBLS QCEW 2025, NAICS 44-45, private |
| Jobs located in the tract, 2022 | 1,812 jobs; 124 in retail trade, 62 in accommodation and food (workplace blocks summed to tract 12101030901)Census LEHD LODES8 WAC 2022 |
| Upward mobility (Opportunity Atlas, 2010 tract) | children of low-income (25th percentile) families reached the 37th income percentile as adults; 3.8% incarcerated at the 2010 count (483 children in the sample); born 1978–83, measured 2014–15Opportunity Insights |
| Food access (USDA FARA 2019, 2010 tract) | not a low-access tract at 1 mile; 0% of residents more than 1 mile from a supermarket; poverty rate 16.4%; median family income $56,708; 412 SNAP householdsUSDA ERS |
| Schools | Pasco County School District (PK-12); 0 public schools within 1 mileNCES EDGE |
| Elevation | 13 ft above sea level at the site pointUSGS 3DEP |
| Storm events in the county, 2016-2025 | 57 county-logged events: 24 thunderstorm wind, 12 tornado, 7 lightning, 6 flood; $91,283,000 property damage reported; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events |
| Homes for sale in ZIP 34668, 2026-09 | median list price $255,470 (-1.0% on the year); 335 active listings; median 70 days on market; 31% with a price cutRealtor.com Research |
| Retail trade in the county, 2012 to 2023 | 1,612 establishments (+16%); 26,604 jobs (+36%)Census CBP |
| Housing market in the county | typical home value $328,125 (-2% 1 yr, +14% 5 yr); typical rent $1,985/mo (+0% 1 yr), 2026-09Zillow Research |
| Traffic on the busiest road within 600 m (2024) | 63,000 vehicles a day on US-19 (principal arterial, 6 lanes); 4,095 trucks; 10 counted segmentsFHWA HPMS |
Summary, model-written
Gulf View Square (760,000 sq ft GLA) in Port Richey, FL, is built and undergoing redevelopment to housing. The Gables at Gulf View housing project opened in September 2023 on the former JCPenney/Macy’s site. Mason Asset Management and Namdar are the developers. Pasco County grew 15.3% (2018–23), and housing ZHVI is $328,125 (2026-09).
Why. Strategy is 'redevelop' with housing as new use. Retrofit already built (The Gables). Large site (760,000 sq ft GLA). Housing demand supported by county growth and housing market data.
Where it stands. Active redevelopment confirmed by completed housing phase. Peer comparisons show 6 similar redevelopments (all score 6.5) with matching strategy and GLA. Traffic: US-19 principal arterial (63,000 ADT, 2024).
For a planner
- Pasco County housing permits: 5,481 units (2024)
- County retail jobs up 36% (2012–23)
For a developer
- Housing ZHVI: $328,125 (2026-09)
- 760,000 sq ft GLA available for housing
What we do not know yet
- No timeline for full redevelopment
- No current tenant mix or vacancy data
- Exact scope of 'redevelop' beyond The Gables not specified
- No details on JCPenney/Macy’s exit timeline
Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) 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
- Los Arcos Mall, Scottsdale, AZ · Malls · similar GLA (607,350 sq ft); same strategy: redevelop
- Bannister Mall, Kansas City, MO · Malls · similar GLA (1,014,390 sq ft); same strategy: redevelop
- Coliseum Mall, Hampton, VA · Malls · similar GLA (991,000 sq ft); same strategy: redevelop
- Cloverleaf Mall, Richmond, VA · Malls · similar GLA (800,000 sq ft); same strategy: redevelop
Elsewhere on the web
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
Multifamily screen
- retrofit already built
- 760,000 sq ft GLA (large site)
- county grew 15.3% 2018–23
- housing in the record
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
| Gross leasable area | 760,000 sq ftnewtypes-extraction |
|---|---|
| Anchors | Macy's, JCPenney |
| County | Pasco County |
| Census division | 5 · South Atlantic |
| Notes | Draft from icsc.com, model-extracted, unreviewed: Gulf View Square mall in Port Richey, Florida redeveloped its former JCPenney and Macy's sites into a 312-unit apartment complex called The Gables at Gulf View, which opened in September. |
Not yet recorded: acres, year opened, original developer, retrofit year. Know it? Tell us.
Sources
- Adding Multifamily to Malls - ICSC
1 quoted sentence
Gulf View Square