Shops at Northfield owner eyes closure of private interior street

The new owner of The Shops at Northfield plans to close a portion of the street that runs through the open-air mall.

A consulting firm working on behalf of Los Angeles-based Stockdale Capital Partners, which purchased the mall in early 2022, proposed the change in a document sent this month to Denver’s planning department.

“The updated site experience will allow pedestrians to freely walk from one building to another safely while having the option to enjoy a variety of amenities throughout the site,” said Jim Shipton of Point Consulting. “With the existing road proposed as being blocked off to general vehicular traffic, it will help create a stronger community and help businesses that are within.”

The road in question is Main Street between 47th and 48th streets, which is flanked by various mall buildings occupied by retailers such as H&M, Sephora and Bath & Body Works.

Stockdale owns the street itself. The firm’s document envisions it providing a “new outdoor experience,” with a kids play area, pingpong and billiards tables, and space for a winter ice rink, among other things.

“Stockdale Capital Partners is excited to activate Main Street at The Shops at Northfield with new amenities including green communal gathering spaces and food and beverage outlets,” the company said in a statement to BusinessDen on Wednesday.

Main Street continues south for another block, to 46th Avenue, but Stockdale isn’t proposing the closure of that stretch. Neighboring Uinta and Verbana streets, which also run through the mall, would also not be affected.

The Shops at Northfield features 770,000 square feet of retail, dining and entertainment space on 87 acres, according to Stockdale. Anchors include Macy’s, J.C. Penney, Target, Bass Pro Shops and a movie theater. Stockdale said in an early August news release that the property was 96%  leased following recent deals with P.F. Chang’s, Bowlero and Lululemon.

Stockdale Capital Partners also owns The Source Hotel + Market Hall in RiNo.

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Full story via Businessden

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