Malls · Michigan
Lakeside Mall
Opened 1976. Closed 2024. Redeveloped in 2026.
Status nowClosedextracted, unreviewed
documented
Lakeside was the largest mall in Michigan by leasable square footage when it closed on July 1, 2024.
What it becamemixedextracted, unreviewed reported
Site size1,550,000 sq ft GLAextracted, unreviewed reported
Last sale$26.5M · 2019public reporting
Retrofit year2026extracted, unreviewed reported
Walkability10 of 20 · 15-minute 4 of 6EPA, OpenStreetMap
Rail within 800 mNoOpenStreetMap, HUD
Reach the owner Download dossier (PDF) · early access Download record (JSON) API Share LinkedIn Correct this recordhttps://retrofitatlas.org/malls/mi/sterling-heights-lakeside-mall/
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 profile14 elements · what this retrofit is built with · tap a chip for the evidence
Former anchors
JCPenney
This site: JCPenney wikipedia · all sites with thisLord & Taylor
This site: Lord & Taylor wikipedia · all sites with thisMacy's
This site: Macy's wikipedia · all sites with thisSears
This site: Sears wikipedia · all sites with thisFinance and pipeline
On Facebook
This site: …https://www.facebook.com/220911364634771 overture · all sites with thisPlace
30,000+ vehicles a day on an adjacent road
This site: 84,928 on Hall Rd fhwa-hpms · all sites with thisGrocery within 800 m
This site: 2 stores openstreetmap · all sites with thisHigh social vulnerability tract (SVI ≥ 0.75)
This site: 0.81 cdc-svi · all sites with thisHigh tornado risk
This site: Relatively High fema-nri · all sites with thisRenter-majority tract
This site: 66% census-acs · all sites with thisScale
1M+ sq ft GLA
This site: 1,550,000 sq ft extraction · all sites with thisBuilding footprint 50,000+ m²
This site: 85,782 m² overture · all sites with thisStrategy
Redeveloped
This site: JCPenney remains open; the rest of the mall is vacant awaiting demolition. extraction · all sites with thisNew use
Mixed use
This site: …new_use field extraction · all sites with thisNow
| Status | Closedextracted, unreviewed documentedLakeside was the largest mall in Michigan by leasable square footage when it closed on July 1, 2024. |
|---|---|
| Strategy | Redevelopedextracted, unreviewed documentedFollowing the mall's closure, the property is slated to be redeveloped into Lakeside City Center, a mixed-use development, with construction expected to begin in 2026. |
| New uses | mixedextracted, unreviewed reported |
| What is there now | JCPenney remains open; the rest of the mall is vacant awaiting demolition.extracted, unreviewed documentedLocated on the M-59 commercial corridor, the mall is currently anchored by JCPenney, with four vacant anchor stores previously occupied by Macy's, Lord & Taylor, and Sears. |
| Retrofit year | 2026extracted, unreviewed reported |
Deals and debt
| Date | Event | Price | Parties | Source |
|---|---|---|---|---|
| 2019 | Sold | $26.5M closed | Out Of The Box Ventures ← Jones Lang LaSalle | Wikipedia |
| 2017 | Sold | — | Jones Lang LaSalle ← General Growth Properties | Wikipedia |
| 2004 | Sold | — | General Growth Properties ← The Rouse Company | Wikipedia |
| 2002 | Sold | — | The Rouse Company ← Rodamco | Wikipedia |
Securitised debt and public filers
Filings (2001 to date) that name “Lakeside Mall” and “Sterling Heights” (100 hits, first 100 sampled, 10 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 2004-05-04 (a sample date, not the issuance date); candidate loan vintage 2005 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) | GE COMMERCIAL MORTGAGE CORP | 1 | 2005-02-01 to 2005-02-01 | 8-K 1 |
| CMBS trust (weak) | COMM 2005-LP5 | 1 | 2005-05-10 to 2005-05-10 | 8-K 1 |
| CMBS trust (weak) | JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP | 1 | 2004-05-04 to 2004-05-04 | 8-K 1 |
| Public owner (strong) | GGP Inc. | 37 | 2011-03-01 to 2018-02-07 | 8-K 30, 10-K 7 |
| Public owner (strong) | ROUSE COMPANY | 18 | 2002-01-16 to 2006-04-18 | 10-K 8, 8-K 5, 10-Q 4, 8-K/A 1 |
| Public owner (strong) | GENERAL GROWTH PROPERTIES INC | 13 | 2004-10-25 to 2010-08-30 | 8-K 6, 10-K 6, 10-K/A 1 |
| Public owner (weak) | SIMON PROPERTY GROUP INC /DE/ (SPG, SPG-PJ) | 1 | 2002-01-17 to 2002-01-17 | 8-K 1 |
| Public owner (weak) | SPG REALTY CONSULTANTS INC | 1 | 2002-01-17 to 2002-01-17 | 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 | GGP Inc. 10-K, 2017-02-22 | Lakeside Mall Sterling Heights, MI match: exact | 1,503,945 in-line 483,227 | 85.1% leased | 100.0% | JCPenney, Lord & Taylor, Macy's, Macy's Men's & Home, Sears | ||
| 2012 | General Growth Properties 10-K, 2013-02-28 | Lakeside Mall Sterling Heights, MI match: exact | 1,507,186 in-line 486,468 | 84.2% leased | 100.0% | JCPenney, Lord & Taylor, Macy's, Macy's Mens & Home, Sears | ||
| 2009 | General Growth Properties 10-K, 2010-03-01 | Lakeside Mall Sterling Heights, MI match: exact | 1,518,117 in-line 497,399 | JCPenney, Lord & Taylor, Macy's, Macy's Mens & Home, Sears | ||||
| 2006 | General Growth Properties 10-K, 2007-03-01 | Lakeside Mall Sterling Heights, MI match: exact | 1,529,736 | JCPenney, Lord & Taylor, Macy’s, Macy’s Men’s & Home, Sears |
Site context
| FEMA flood zone | no NFHL polygon at point (unmapped or outside coverage)FEMA NFHL |
|---|---|
| EPA-regulated facilities within 500 m | 12: ABERCROMBIE & FITCH STORES INC; DCP OF MICHIGAN PC; EXPRESS FASHION OPERATIONS; JM HOLLISTER LLC; LENS CRAFTERS INCEPA FRS |
| Census tract 26099230000 | 4,590 people, 4,978 per sq mi; median household income $54,133; median gross rent $1,336; 66% renters; 11.5% vacant units; 0.0% commute by transitACS 2023 5-year |
| Walkability (EPA, block group) | index 10 of 20; 68 intersections per sq mi; no transit stop within the EPA search radius; land-use mix 0.86; 96,843 jobs within 45 min by car; 19% of households without a carEPA Smart Location |
| Within a 10–15 minute walk (800 m) | 4 of 6 daily needs: 2 grocers, 0 schools, 7 parks or playgrounds, 5 health, 0 civic, 27 food and drink; 0 cycleway segments, 240 sidewalk-tagged segmentsOpenStreetMap |
| Opportunity Zone | noHUD |
| Housing permits, Macomb County (MI), 2024 | 81 units in 5+ unit buildings, 156 in 2–4, 1,080 single-family; 2023: 203 in 5+Census BPS |
| Social vulnerability (CDC SVI 2022, tract) | overall percentile 0.81; socioeconomic 0.79; housing and transport 0.83; 23% below 150% of poverty; 23% of households with no vehicleCDC/ATSDR |
| Other atlas sites nearby | 0 within 10 km, 7 within 25 kmcomputed |
| Overture Maps | place M.A.C. Lakeside Mall (shopping_mall, confidence 0.95, from Overture, meta); building footprint 85,782 m²Overture (CDLA-Permissive 2.0) |
| Website and social | no website listed · social: facebookOverture / Internet Archive |
| Attention: Wikipedia page views | 167,946 since 2015; 14,757 in the last 12 months (-23% vs the prior 12); peak 2024-06 with 5,511Wikimedia |
| Tract change 2013–2023 | population +2% (4,502 → 4,590); median income +17% ($46,337 → $54,133); renters 68% → 66%; median home value +70% ($144,800 → $245,600)Census ACS 5-year |
| Natural hazard risk (FEMA National Risk Index, tract) | relatively low overall (score 50.5); expected annual loss $1.2M; high: tornado, cold wave; community resilience relatively highFEMA NRI |
| Tax-credit housing within 1 km | 1 LIHTC properties, 115 units: Lakeside Towers (115 units)HUD LIHTC |
| Retail trade in the county, 2025 (BLS QCEW) | 40,380 jobs in 2,557 establishments; average annual pay $43,547; employment location quotient 1.23; employment -0.2% on the yearBLS QCEW 2025, NAICS 44-45, private |
| Jobs located in the tract, 2021 | 3,321 jobs; 1,122 in retail trade, 663 in accommodation and food (workplace blocks summed to tract 26099230000)Census LEHD LODES8 WAC 2021 |
| Upward mobility (Opportunity Atlas, 2010 tract) | children of low-income (25th percentile) families reached the 47th income percentile as adults; 0.4% incarcerated at the 2010 count (123 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; poverty rate 11.4%; median family income $65,605; 262 SNAP householdsUSDA ERS |
| Schools | Utica Community Schools (PK-12); 1 public school within 1 mile: Joan C Sergent Instructional Resource CenterNCES EDGE |
| Elevation | 621 ft above sea level at the site pointUSGS 3DEP |
| Storm events in the county, 2016-2025 | 148 county-logged events: 95 thunderstorm wind, 26 hail, 13 flood, 12 flash flood; $13,151,000 property damage reported; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events |
| Homes for sale in ZIP 48313, 2026-09 | median list price $299,900 (-8.4% on the year); 48 active listings; median 28 days on market; 28% with a price cutRealtor.com Research |
| Retail trade in the county, 2012 to 2023 | 2,657 establishments (-5%); 41,560 jobs (+4%)Census CBP |
| Housing market in the county | typical home value $267,474 (+1% 1 yr, +22% 5 yr); typical rent $1,422/mo (+4% 1 yr), 2026-09Zillow Research |
| House price index, tract, 2025 | 527 (2000 = 100); -8.1% 1 yr, +38% 5 yr, +67% 10 yrFHFA |
| Traffic on the busiest road within 600 m (2024) | 84,928 vehicles a day on Hall Rd (principal arterial, 8 lanes); 2,208 trucks; 20 counted segmentsFHWA HPMS |
Summary, model-written
Lakeside Mall opened in 1976 as a super‑regional mall and grew to 1.55 million sq ft of GLA. Over decades it changed ownership multiple times, losing anchors such as Macy’s, Lord & Taylor and Sears, and closed in July 2024 while JCPenney remains open. The owner announced demolition of the vacant space and expects construction of a mixed‑use redevelopment to begin in 2026.
Why. The closure appears driven by the loss of major anchor tenants and resulting vacancy, as noted in the narrative excerpt. No explicit debt or competition causes are stated in the record.
Where it stands. The mall is currently closed except for an operating JCPenney, owned by Out Of The Box Ventures, with demolition pending and redevelopment slated to begin in 2026.
For a planner
- Record indicates a redevelopment strategy to mixed‑use on a 1.55 M sq ft site.
- Past ownership changes show potential for public‑private partnership models.
- Open questions include timing of demolition, financing mechanisms, and community impacts.
For a developer
- Site size: 1,550,000 sq ft GLA under single owner (Out Of The Box Ventures).
- Entitlement stage: strategy listed as redevelop with expected construction start in 2026.
- No explicit flood, transit, or environmental constraints are listed in the context layers; market signals note large size and housing interest.
What we do not know yet
- Exact demolition schedule and environmental review status are not detailed in the record.
- The extent of JCPenney’s lease and its willingness to remain during redevelopment is unknown.
- Housing component mentioned in opp_reasons is not confirmed in the record’s new_use or strategy fields.
- Fields such as year_retrofit (2026) and after_notes are model‑extracted and marked as unreviewed.
- Financial details of the 2019 sale price are known, but future funding sources for redevelopment are not provided.
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
- Adrian Mall, Adrian, MI · Malls · opened 1970; closed 2023; same strategy: redevelop
- Greenspoint Mall, Houston, TX · Malls · similar GLA (1,700,000 sq ft); opened 1976; closed 2024
- San Jacinto Mall, Baytown, TX · Malls · similar GLA (1,156,000 sq ft); opened 1981; closed 2020
- Crossroads Mall, Oklahoma City, OK · Malls · similar GLA (1,175,047 sq ft); opened 1974; same strategy: redevelop
Elsewhere on the web
Pages with photos
- Lakeside Mall Sterling Heights MI | gameking3 | Flickr flickr.com
- Lakesidemall commons.wikimedia.org
- Taubman Built Lakeside Mall, Sterling Heights Michigan, One Step Closer ... reddit.com
- Log in to Foursquare foursquare.com
- Dying Mall: Lakeside Mall - Sterling Heights, MI youtube.com
- MallsCenters - US Shopping Malls & Stores mallscenters.com
- Lakeside Mall Sterling Heights MI - WaterWinterWonderland.com - Malls waterwinterwonderland.com
- State approves $270 million tax incentive to revitalize former Lakeside Mall site mlive.com
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
Multifamily screen
- closed or demolished site (sourced)
- 1,550,000 sq ft GLA (large site)
- 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
| Opened | 1976Wikidata |
|---|---|
| Closed | 2024extracted, unreviewed documentedLakeside was the largest mall in Michigan by leasable square footage when it closed on July 1, 2024. |
| Gross leasable area | 1,550,000 sq ftextracted, unreviewed |
| Original developer | A. Alfred Taubman, Homart Development, and the Dayton Hudson Corporationextracted, unreviewed documentedLakeside Mall started as a joint venture between A. Alfred Taubman, Homart Development, and the Dayton Hudson Corporation. |
| Anchors | Macy's, JCPenney, Sears, Lord & Taylor |
| County | Macomb County |
| Census division | 3 · East North Central |
| Notes | Wikipedia categories: Defunct shopping malls in the United States |
Not yet recorded: acres. Know it? Tell us.
Background
Lakeside Mall is a defunct super-regional shopping mall in Sterling Heights, Michigan. Located on the M-59 commercial corridor, the mall is currently anchored by JCPenney, with four vacant anchor stores previously occupied by Macy's, Lord & Taylor, and Sears. With 1,550,000 square feet of leasable retail space spanning two floors, Lakeside was the largest mall in Michigan by leasable square footage when it closed on July 1, 2024.
Excerpt from Wikipedia (authors and history), CC BY-SA 4.0. May be older than the record above.
Timeline
- 1976 Opened (Wikidata)
- 1976 Opened
- 1988 Rodamco acquires Homart interest, becomes 50/50 joint venture partner with Taubman
- 2000 Rodamco becomes sole owner
- 2002 Rouse Company acquires Lakeside Mall
- 2004 General Growth Properties acquires Rouse (and thus Lakeside)
- 2017 Jones Lang LaSalle acquires Lakeside Mall due to GGP default
- 2019 Sold to Out Of The Box Ventures for $26.5 million
- 2024 Owners announce permanent closure effective July 1, 2024
- 2024 Mall closes
- 2026 Construction expected to begin on Lakeside City Center redevelopment
Sources
- Wikipedia: Lakeside Mall · supports: after notes, gla sqft, original developer, status, strategy, year closed
16 quoted sentences
Lakeside was the largest mall in Michigan by leasable square footage when it closed on July 1, 2024.
With 1,550,000 square feet of leasable retail space spanning two floors
Lakeside Mall started as a joint venture between A. Alfred Taubman, Homart Development, and the Dayton Hudson Corporation.
Located on the M-59 commercial corridor, the mall is currently anchored by JCPenney, with four vacant anchor stores previously occupied by Macy's, Lord & Taylor, and Sears.
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