Stoneridge Shopping Center is an upscale major shopping mall in

Pleasanton, California Pleasanton is a city in Alameda County, California, United States. Located in the Amador Valley, it is a suburb in the East Bay region of the San Francisco Bay Area. The population was 79,871 at the 2020 census. In 2005 and 2007, Pleasanton wa ...

. The mall is managed and co-owned by

Simon Property Group Simon Property Group, Inc. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in India ...

, and is adjacent to Interstate 680. The mall is anchored by

JCPenney Penney OpCo LLC, doing business as JCPenney and often abbreviated JCP, is a midscale American department store chain operating 667 stores across 49 U.S. states and Puerto Rico. Departments inside JCPenney stores include Mens, Womens, Boys, Gir ...

and two

Macy's Macy's (originally R. H. Macy & Co.) is an American chain of high-end department stores founded in 1858 by Rowland Hussey Macy. It became a division of the Cincinnati-based Federated Department Stores in 1994, through which it is affiliated wi ...

stores - a women's store, and a men's, children's, and home store. Two standalone restaurants -

The Cheesecake Factory The Cheesecake Factory Incorporated is an American restaurant company and distributor of cheesecakes based in the United States. The company operates 219 full-service restaurants: 206 under The Cheesecake Factory brand and 13 under the Grand Lux C ...

and

P. F. Chang's China Bistro P. F. Chang's China Bistro is an American-based, casual dining restaurant chain founded in 1993 by Paul Fleming and Philip Chiang that serves Asian fusion cuisine. Centerbridge Partners owned and operated Chang's until acquired by the private e ...

- sit adjacent to the mall.

History

The mall opened in 1980 and is part of the larger Stoneridge master planned neighborhood originally developed by Stoneson Development Corporation, whose founders also developed Lakeside Village and Stonestown Galleria in nearby San Francisco after World War II. The mall itself was developed by A. Alfred Taubman, who also developed several other shopping malls in the Bay Area, including Eastridge Mall in San Jose,

Hilltop Mall Hilltop Horizon, formerly known as Hilltop Mall, East Bay Science and Technology Center and The Shops At Hilltop, was a regional shopping center in the Hilltop neighborhood of Richmond, California. Hilltop is managed and co-owned by Prologis ...

in Richmond and Sunvalley Mall in Concord. The original anchor tenants were

Emporium-Capwell The Emporium, from 1980 to 1995 Emporium-Capwell, was a mid-line department store chain headquartered in San Francisco, California, which operated for 100 years—from 1896 to 1996. The flagship location on San Francisco's Market Street was a de ...

, and

Nordstrom Nordstrom, Inc. () is an American luxury department store chain headquartered in Seattle, Washington, and founded by John W. Nordstrom and Carl F. Wallin in 1901. The original Wallin & Nordstrom store operated exclusively as a shoe store, a ...

opened a store in 1990, the same year Emporium-Capwell dropped the

double-barrelled name A double-barrelled name is a type of compound surname, typically featuring two words (occasionally more), often joined by a hyphen. Examples of some notable people with double-barrelled names include Winnie Madikizela-Mandela and Sacha Baron C ...

and became simply Emporium. Six years later, Emporium was acquired by the parent company of Macy's, which elected to keep both locations; the original Macy's store was used for their women's departments and their men's and home furnishings departments were relocated to the former Emporium store. 1996 also saw the construction and opening of a

Sears Sears, Roebuck and Co. ( ), commonly known as Sears, is an American chain of department stores founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began a ...

store. Ownership of Stoneridge was to change in the next few years as the Taubman shopping center interests, which had become a publicly traded

real estate investment trust A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping cente ...

in 1992, were reorganized in 1998 and the GM Pension Trust assumed full ownership of Stoneridge, retaining

Taubman Centers Taubman Centers, Inc. is an American real estate investment trust headquartered in Bloomfield Hills, Michigan. The company invests in shopping centers, and is a subsidiary of Simon Property Group since 2020. History The company was founded in 19 ...

as manage

In 2004 the GM Pension Trust sold a half interest in a portfolio of shopping centers, including Stoneridge, to The Mills Corporation, which also assumed management of the center. A joint venture led by

purchased The Mills Corp. in 2007, bringing Stoneridge under the Simon banner. Plans to renovate and expand the property were announced in 2005, calling for the construction of a new, smaller Nordstrom store and the addition of new shops, restaurants, and a cinema within the existing Nordstrom building's footprint. The only portion of the plans to materialize were the addition of two restaurants outside the mall -

and

, both of which opened in 2006. On October 15, 2018, it was announced that Sears would be closing as part of a plan to close 142 stores nationwide. The department store shuttered in January 2019, paving the way for a planned redevelopment. On May 7, 2020, it was announced that Nordstrom would not be reopening its store at Stoneridge as part of a plan to close 16 locations due to declining sales. This will leave JCPenney and Macy's as the only anchors left.

References

External links

Official website
{{Shopping malls in California Shopping malls established in 1980 Shopping malls in the San Francisco Bay Area Pleasanton, California Simon Property Group Shopping malls in Alameda County, California 1980 establishments in California