An economy that seems to be on the upswing, plus an aggressive marketing campaign by Kohan Retail Investment Group, has put the Prescott Gateway Mall in its best occupancy positon in years.
Data released midsummer indicates that more than 25 new stories have opened in the past few months. Traffic to the 3250 Gateway Blvd. address has increased dramatically, with consumers coming from throughout Central and Northern Arizona.
That represents a major turnabout from a little over a year ago. Then, mall occupancy was hovering around 55 to 60% . Now, occupancy is about 80%.
The number of nationally known anchor stores remains the same — three. They are Dillard’s, JC Penney and Sears.
Prescott Gateway Mall property manager Kaela Seisinger told the media that a lot of local businesses had relocated to the mall. She added that currently, mall management is emphasizing helping local firms become as strong as they can.
Seisinger, a Yavapai College graduate, has been at the mall for five years. She said the mall is becoming a “one-stop shopping place.”
Some of the new stores are well known regionally. Products and services offered by new tenants run the gamut from food to clothing to health products, from personal care to hobby stores, and from a dance studio to a church.
John Heiney, City of Prescott Community Outreach Manager, has commented that the new ownership of the mall has worked hard to create local interest among local business. The Kohan Retail Investment Group, even though headquartered in Great Neck, N.Y., has offered new businesses attractive rates that spurred relocation. The investment group owns 27 malls in 17 states across the U.S.
New Prescott Gateway Mall stores include:
- Cozmic Potato
- Lizarraga Bakery
- That Salad Place
- Amy’s Indoor Outdoor Experience
- The Dugout
- Addicted to Deals
- AZ Twisted Temptations
- Lily’s Craft Ship
- Valley Hobby
- Allini Bath and Body Boutique
- Foot Fetish
- Man at Leisure
- Neptune’s Pleasure
- Ginger’s Gifts
- H20 Health
- Enlighten Candles
- Mile High Tile
- Micro AZ
- Goods from the Garden
- Compassion Transportation
- Starting Point Church
- Third Shot Coffee
- Pralines of Prescott
- Raven’s Relics
- Florian Floral
- Avis Budget Group
- Signature Landscaping
The mall is approaching its 18th year of operation. Seisinger has said she hopes it will be at capacity within a year or so, noting that some companies are looking at the larger spaces still available.
The Prescott Gateway Mall is open 10 a.m. to 8 p.m. Mondays through Thursdays; 10 a.m. to 9 p.m. Fridays and Saturdays; and from 11 a.m. to 6 p.m. on Sundays.