As malls across the U.S. grapple with declining foot traffic, Tacoma Mall is defying the odds with a multi-million-dollar renovation to create an upscale shopping destination. Owned by Simon Property Group, the mall is undergoing significant enhancements, including updated entrances, a reimagined food court, and new flooring. These upgrades accompany The Village, a previously announced expansion featuring retailers, cafes, and restaurants with outdoor terraces, set to open next year.
The revitalization also includes repurposing former anchor spaces for popular retailers like Nordstrom Rack and Total Wine. Simon calls the investment a “strategic” move to meet evolving shopper demands, aligning with trends seen in other regional redevelopments like Northgate Station and Kirkland’s The Mall at Totem Lake.
Research from Coresight highlights that top-tier malls are thriving, demonstrating that experiential retail can boost brand awareness. Tacoma Mall’s transformation reflects a broader trend in the Puget Sound region, where malls are reinventing themselves as community hubs and lifestyle centers.
