Paddock Shops
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The Paddock Shops is a shopping complex in the east end of
Louisville, Kentucky Louisville ( , , ) is the largest city in the Commonwealth of Kentucky and the 28th most-populous city in the United States. Louisville is the historical seat and, since 2003, the nominal seat of Jefferson County, on the Indiana border ...
USA, billed as a
lifestyle center A lifestyle center (American English), or lifestyle centre (Commonwealth English), is a shopping center or mixed-used commercial development that combines the traditional retail functions of a shopping mall with leisure amenities oriented toward ...
. Originally known as The Summit of Louisville, it is currently owned by
Boston Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- mo ...
-based CPT Capital Management and managed by
Chicago (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...
-based Fairbourne Properties. From its opening in 2001 until May 2013, it had been owned by a subsidiary of Prudential and managed by
Birmingham Birmingham ( ) is a city and metropolitan borough in the metropolitan county of West Midlands in England. It is the second-largest city in the United Kingdom with a population of 1.145 million in the city proper, 2.92 million in the West ...
,
Alabama (We dare defend our rights) , anthem = "Alabama (state song), Alabama" , image_map = Alabama in United States.svg , seat = Montgomery, Alabama, Montgomery , LargestCity = Huntsville, Alabama, Huntsville , LargestCounty = Baldwin County, Al ...
-based Bayer Properties.Bayer Properties - Summit of Louisville Profile
It has of retail space spread over of land, with central parking surrounded by Mediterranean-themed storefronts. The primary entrance is on
Kentucky Route 22 Kentucky Route 22 (KY 22) is a east–west highway running from the eastern suburbs of Louisville to an unincorporated place called Willow in Bracken County in Northern Kentucky. Route 22 has a short business route in Dry Ridge, an area w ...
. The shopping complex formally opened on November 1, 2001. On May 21, 2013, a Louisville business journal reported that CPT Capital Management had purchased the center for $111.5 million, and that Wilkow would take over from Bayer as property manager. Shortly after the sale, the new managers announced that the complex would be renamed via an online vote. Three choices were provided—Paddock Shops, Oaks Town Center, and Shops of Louisville—along with a write-in option. On August 15, 2013, Wilkow announced that the winning name was Paddock Shops, with nearly 30% of the vote, and new signage was immediately installed.


Anchors

The Paddock Shops has several
anchor stores In retail, an "anchor tenant", sometimes called an "anchor store", "draw tenant", or "key tenant", is a considerably larger tenant in a shopping mall, often a department store or retail chain. They are typically located at the ends of malls. Wit ...
with
Bed Bath & Beyond Bed Bath & Beyond Inc. is an American chain of domestic merchandise retail stores. The chain operates many stores in the United States, Canada, Mexico, and Puerto Rico. Bed Bath & Beyond was founded in 1971. It is counted among the Fortune 5 ...
being the largest by square foot totaling just over 30,000.
Barnes & Noble Barnes & Noble Booksellers is an American bookseller. It is a Fortune 1000 company and the bookseller with the largest number of retail outlets in the United States. As of July 7, 2020, the company operates 614 retail stores across all 50 U. ...
,
Earth Fare Earth Fare is an American health and wellness supermarket with 20 locations in 8 states throughout the Southeast United States. It sells natural and organic food that the company claimed to have the highest product standards in the United States (f ...
, and
Office Depot The ODP Corporation is an American office supply holding company headquartered in Boca Raton, Florida. The company has combined annual sales of approximately $11 billion, and employs about 38,000 associates with businesses in the United States. ...
are smaller with square footage ranging in the mid twenties range. On May 16, 2015, Office Depot officially closed its doors, and Earth Fare departed as well. The
lifestyle center A lifestyle center (American English), or lifestyle centre (Commonwealth English), is a shopping center or mixed-used commercial development that combines the traditional retail functions of a shopping mall with leisure amenities oriented toward ...
also has junior anchors in Ulta Cosmetics and DSW.


External links


Paddock ShopsFairbourne Properties
Economy of Louisville, Kentucky Shopping malls in Kentucky Shopping malls established in 2001 Lifestyle centers (retail) Shopping districts and streets in the United States Buildings and structures in Louisville, Kentucky {{Louisville-struct-stub