Decline
The expansion of the Fayette Mall in 1993 with the addition of an entire wing and department store, began to erode Lexington Mall's customer base. The then-manager of the mall stated that the facility would be renovated by 1995, as it had not been renovated since its original opening; however, this was an un-kept promise.
County Market closed its operations at Lexington Mall late in 1995. Then in September 1996, another attempt to modernize came with plan to add an additional story to the main concourse; this too was never able to become reality.
Sony Theater closed its twin screen Lexington Mall operation in June 1997. Later that year, the mall suffered another hit when the Hamburg Pavilion opened at Hamburg Farms, taking more of the customer base away to the newer developments in Fayette County.
By 1999, the mall's future was in doubt with tenants leaving for newer shopping centers. The property became a victim of general deferred maintenance and neglect.
The mall's only remaining tenant, Dillard's left the mall in September 2005 to focus its operations at the Fayette Mall store.
Read more about this topic: Lexington Mall
Famous quotes containing the word decline:
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—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
“The decline of the aperitif may well be one of the most depressing phenomena of our time.”
—Luis Buñuel (1900–1983)
“Our achievements speak for themselves. What we have to keep track of are our failures, discouragements, and doubts. We tend to forget the past difficulties, the many false starts, and the painful groping. We see our past achievements as the end result of a clean forward thrust, and our present difficulties as signs of decline and decay.”
—Eric Hoffer (1902–1983)