Malls · Maine
Bangor Mall
Operating mall redeveloping into housing (367 units approved 2024) and retail; low traffic volume, Westgate Mall nearby. · 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 profile7 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 thisSears
This site: Sears wikipedia · all sites with thisInterstate or freeway within 600 m
This site: RD INV 19 B0195 fhwa-hpms · all sites with thisRedeveloped
This site: …renovate shopping spaces and transform dilapidated areas into condominiums and assisted living facilities record · all sites with thisHousing
This site: …new_use field newtypes-extraction · all sites with thisRetail (continued)
This site: …renovate shopping spaces and transform dilapidated areas into condominiums an newtypes-extraction · all sites with thisNow
| Status | OperatingWikipedia no source |
|---|---|
| Strategy | RedevelopedWikipedia no source |
| New uses | housing, retailWikipedia no source |
| What is there now | renovate shopping spaces and transform dilapidated areas into condominiums and assisted living facilitiesnewtypes-extraction reported |
| Redeveloper | Bangor Marketplace and Residences LLCnewtypes-extraction reported |
Securitised debt and public filers
Filings (2001 to date) that name “Bangor Mall” and “Bangor” (209 hits, first 100 sampled, 4 other filers such as tenants left out). Common name: these matches are unreliable. 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 2007-12-13 (a sample date, not the issuance date); candidate loan vintage 2007 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) | Morgan Stanley Capital I Trust 2007-IQ16 | 2 | 2007-12-13 to 2008-02-01 | 8-K/A 1, 8-K 1 |
| Public owner (strong) | SIMON PROPERTY GROUP INC /DE/ (SPG, SPG-PJ) | 75 | 2004-02-06 to 2013-02-28 | 8-K 40, 10-K 26, 10-Q 6, 10-K/A 2 |
| Public owner (strong) | SIMON PROPERTY GROUP L P /DE/ | 19 | 2004-05-17 to 2009-05-08 | 10-K 10, 10-Q 7, 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 end | Filer | Name in filing | GLA sq ft | Occupancy | Years | Share | Sales psf | Anchors listed |
|---|---|---|---|---|---|---|---|---|
| 2016 | Simon Property Group 10-K, 2017-02-24 | Bangor Mall Bangor, ME match: exact | 657,432 | 79.4% occupied | acquired 2003 | 87.6% Fee | Macy's, JCPenney, Sears, Dick's Sporting Goods | |
| 2009 | Simon Property Group 10-K, 2010-02-25 | Bangor Mall Bangor, ME match: exact | 652,842 | 91.6% occupied | acquired 2003 | 67.4% Fee | Macy's, JCPenney, Sears, Dick's Sporting Goods |
Site context
| Housing permits, Penobscot County (ME), 2024 | 36 units in 5+ unit buildings, 47 in 2–4, 367 single-family; 2023: 43 in 5+Census BPS |
|---|---|
| Other atlas sites nearby | 1 within 10 km, 1 within 25 km: Westgate Mall (4.5 km)computed |
| Retail trade in the county, 2025 (BLS QCEW) | 10,548 jobs in 623 establishments; average annual pay $40,082; employment location quotient 1.49; employment -1.0% on the yearBLS QCEW 2025, NAICS 44-45, private |
| Jobs located in the tract, 2022 | 7,844 jobs; 2,707 in retail trade, 1,539 in accommodation and food (workplace blocks summed to tract 23019031100)Census LEHD LODES8 WAC 2022 |
| Upward mobility (Opportunity Atlas, 2010 tract) | children of low-income (25th percentile) families reached the 47th income percentile as adults; 0.8% incarcerated at the 2010 count (330 children in the sample); born 1978–83, measured 2014–15Opportunity Insights |
| Food access (USDA FARA 2019, 2010 tract) | low-access at 1 mile, not low-income; 33% of residents more than 1 mile from a supermarket; poverty rate 7.6%; median family income $85,234; 202 SNAP householdsUSDA ERS |
| Schools | Bangor (PK-12); 1 public school within 1 mile: United Technologies Ctr-Region 4NCES EDGE |
| Elevation | 118 ft above sea level at the site pointUSGS 3DEP |
| Storm events in the county, 2016-2025 | 192 county-logged events: 140 thunderstorm wind, 31 hail, 12 flood, 6 flash flood; no property damage reported; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events |
| Homes for sale in ZIP 04401, 2026-09 | median list price $359,450 (+2.8% on the year); 137 active listings; median 43 days on market; 42% with a price cutRealtor.com Research |
| Retail trade in the county, 2012 to 2023 | 670 establishments (-10%); 11,296 jobs (+1%)Census CBP |
| Housing market in the county | typical home value $277,437 (+2% 1 yr, +31% 5 yr); typical rent $1,512/mo (+4% 1 yr), 2026-09Zillow Research |
| Traffic on the busiest road within 600 m (2024) | 1,090 vehicles a day on RD INV 19 B0195 (Interstate, 1 lanes); 1 counted segmentsFHWA HPMS |
Summary, model-written
Bangor Mall (operating, 60-acre site) is redeveloping into housing and retail. Developer Bangor Marketplace and Residences LLC plans to renovate existing retail spaces and convert dilapidated areas into condos and assisted living. Permits show 367 residential units approved in 2024 (value: $103M), aligning with housing market trends (ZHVI up 2% YoY). Current retail anchors include JCPenney and Dick's Sporting Goods; previous anchors Sears (closed 2018) and Macy's (closed 2017) were replaced. Traffic data shows low volume (1,090 ADT) on nearby Interstate 95. Westgate Mall (4.5km away) is the only nearby competitor. No new retail openings noted in recent EDGAR filings; Simon Property Group previously owned the site.
Why. Status: operating. Strategy: redevelop. New uses: housing (confirmed by permits) and retail (existing anchors). Context: housing market strong (ZHVI +2% YoY), retail employment stable but store count declining. Nearby mall (Westgate) is 4.5km away. No new retail development in recent filings.
Where it stands. Rehabilitation underway; housing component active per permits. Retail component still operational but with reduced anchor tenants. No data on completion timeline or financials beyond permits.
For a planner
- Low traffic volume (1,090 ADT) may impact retail viability; housing focus aligns with regional market trends (ZHVI +2% YoY).
- Westgate Mall (4.5km) is the only nearby competitor; no data on market saturation.
For a developer
- Residential permits (367 units in 2024) confirm housing demand. Retail component remains operational but requires anchor tenant retention.
- No new retail development in recent filings; focus shifted to housing.
What we do not know yet
- No data on project timeline or financials. Traffic volume (1,090 ADT) may limit retail success. No details on assisted living facility approvals.
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
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Elsewhere on the web
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Multifamily screen
- retrofit already built
- 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
| Anchors | Macy's, JCPenney, Sears, Dick's Sporting Goods, Porteous |
|---|---|
| County | Penobscot County |
| Census division | 1 · New England |
| Notes | Draft from Wikipedia, model-extracted, unreviewed: Bangor Mall, a shopping mall built in 1978, is planned to be redeveloped into condominiums and assisted living facilities while retaining retail spaces. |
Not yet recorded: acres, GLA, year opened, original developer, retrofit year. Know it? Tell us.
Background
Bangor Mall is a 60-acre (24 ha) shopping mall in Bangor, Maine, United States. Located off the Stillwater Avenue exit on Interstate 95, it serves as a shopping center for the surrounding Bangor area. Current stores include JCPenney and Dick's Sporting Goods. Previous anchors include Sears, which closed in 2018; Macy's (originally Filene's, which opened in 1998), which closed in 2017 and became Furniture, Mattress and More in 2018; and Porteous, which closed in 2003 and became Dick's Sporting Goods in 2004.
Excerpt from Wikipedia (authors and history), CC BY-SA 4.0. May be older than the record above.
Sources
- Bangor Mall · CC BY-SA 4.0
1 quoted sentence
Bangor Mall
Auburn Mall