History
North Towne Square was developed in 1980 by Simon Property Group of Indianapolis, Indiana. The mall was located on the north side of Toledo, on Telegraph Road (US-24), less than a mile from the Michigan/Ohio state line. Originally, its anchor stores included two local department stores, Lasalle's and The Lion Store, as well as Montgomery Ward. After only two years in business at North Towne Square, Lasalle's began operating under the Macy's name. R.H. Macy & Co., which had owned Lasalle's since 1923, sold their Toledo area stores to Dayton's Elder-Beerman in 1984.
Because of its proximinty to the Michigan border, the mall drew customers from southeastern Michigan as well. The 1988 opening of Frenchtown Square Mall in Monroe, Michigan significantly reduced the amount of traffic coming from Michigan to North Towne. Expansions at Franklin Park Mall (now Westfield Franklin Park), and a declining economy in Toledo, both factored into North Towne Square's demise as well. Many of North Towne Square's chain tenants moved to Franklin Park or Frenchtown Square, being replaced by local stores.
Read more about this topic: North Towne Square
Famous quotes containing the word history:
“Regarding History as the slaughter-bench at which the happiness of peoples, the wisdom of States, and the virtue of individuals have been victimized—the question involuntarily arises—to what principle, to what final aim these enormous sacrifices have been offered.”
—Georg Wilhelm Friedrich Hegel (1770–1831)
“Don’t you realize that this is a new empire? Why, folks, there’s never been anything like this since creation. Creation, huh, that took six days, this was done in one. History made in an hour. Why it’s a miracle out of the Old Testament!”
—Howard Estabrook (1884–1978)
“Revolutions are the periods of history when individuals count most.”
—Norman Mailer (b. 1923)