East entrance to Alderwood.
|Opening date||October 4, 1979|
|Developer||Edward J. DeBartolo Sr.|
|Management||Brookfield Properties Retail Group|
|Owner||Brookfield Properties Retail Group|
|No. of stores and services||166|
|No. of anchor tenants||3|
|Total retail floor area||1.5 million ft²|
|No. of floors||1 (2 in Macy's, JCPenney and Nordstrom)|
Alderwood, formerly Alderwood Mall, is a regional shopping mall in Lynnwood, Washington. It is anchored by JCPenney, Macy's and Nordstrom and comprises both a traditional enclosed mall and two open-air areas known as The Village and The Terraces. Brookfield Properties Retail Group manages and co-owns the property with an institutional investor.
Alderwood is Snohomish County's largest mall and one of the major malls in the Puget Sound region. Alderwood was named after the unincorporated area called Alderwood Manor where the mall is located on, which is now part of the city of Lynnwood, Washington.
On October 4, 1979, after over ten years of delays by developer Edward J. DeBartolo Sr. on land originally owned by Allied Stores, Alderwood Mall finally opened. Its anchors included The Bon Marché (later known as Macy's), Lamonts, Nordstrom, JCPenney and Sears. The mall was later sold to the New York State Common Retirement Fund, which retained DeBartolo's management company to operate the center. It remained essentially unchanged except for the addition of a court and cosmetics renovation in 1995-1996 which cost $12 million. After briefly being managed by Simon Property Group following its acquisition of the DeBartolo mall interests in 1996, General Growth Properties assumed management of the property in 1997. General Growth became co-owner of the mall following the formation of a joint venture with the New York pension fund in 1999.
Facing a major vacancy with the 2000 closure of Lamonts, the mall was renovated and expanded in 2002. The former Lamonts store was purchased and razed for the construction of a new Nordstrom that opened in 2003. The former Nordstrom was leveled in its turn for the construction of The Village, an attached, open-air lifestyle area on the mall's northern side comprising new shops, restaurants and a Borders Group store. At the same time a second expansion, The Terraces, was constructed on the mall's southwest side incorporating an expanded food court, restaurants and anchored by a new 16-screen Loews Cineplex Entertainment multiplex which opened in 2005. The expansion included two new parking garages, and the theater was constructed over subterranean parking. The 'mall' was dropped from the name at this time and became simply Alderwood, describing itself as a "lifestyle center".
The Bon Marché was briefly renamed Bon-Macy's in 2003, before assuming the Macy's Northwest name in 2005. The Loews company was merged with AMC Theatres and was branded with the AMC/Loews name in 2006.
In November 2005, Daiso, a Japanese dollar-store, opened its first U.S. store in Alderwood next to Sears. Following the success in its original location, it moved to a larger suite adjacent to JCPenney in 2014.
In 2015, Sears Holdings spun off 235 of its properties, including the Sears at Alderwood Mall, into Seritage Growth Properties. Sears closed the store in March 2017, and the old building was torn down.
In May 2018, Macy's announced an off price store called Macy's Backstage within its store.
The mall is referenced in the 1985 song "Searchin' USA", by the Seattle indie rock band The Young Fresh Fellows from their album Topsy Turvy ("Well I've been to the Alderwood Mall, and I must admit it's pretty doggone big!")