Aronov News

Hot Springs Mall Introduces “Shiny New Look” and Kicks-off Grand Re-opening Events

For immediate release - September 20, 2005
For more information, please contact Robin Raiford, 334.277.1000 or robin.raiford@aronov.com or
Bruce Harvey, 501.525.3254 or bruce.harvey@aronov.com

Hot Springs, Arkansas - A ribbon cutting ceremony marked the completion of a significant renovation that has transformed Hot Springs Mall into a shiny new shopping showplace for central Arkansas. The ceremony was held on Tuesday, September 20 at 10am. Local dignitaries, mall officials, corporate management and construction teams were on hand for the celebration.

The ribbon cutting ceremony kicks-off a week-long Grand Re-Opening celebration that will include an exciting mix of performers, fashion events, sales promotions, shopping spree giveaways, an appearance by Sponge Bob Square Pants, and the chance to win over $7,000 in gemstones during the Diamond Dig on Saturday. Details on special events and promotions are available at the Hot Springs Mall Customer Service Center.

The renovation project, which was completed in less than five months, includes a wide variety of exciting interior enhancements. The centerpiece of the renovation is the Center Court area with a sparkling new water feature. New ceilings, improved lighting, beautiful new carpeting of alternating warm neutral tones, and lush new interior landscaping create a fresh new look for the mall. A newly designed Customer Service Center and matching retail merchandising carts offer improved access and shopper convenience.

For the complete comfort of its’ shoppers, Hot Springs Mall is pleased to introduce new, comfortable soft seating areas including upholstered sofas and chairs, tables and lamps, all replacing traditional bench seating.

The food court has been expanded with additional seating and features unique umbrella-covered tables creating an atmosphere reminiscent of that found in street cafes.

In addition to the renovation, Hot Topic and Aeropostale will be opening stores at Hot Springs Mall in 2006. Hot Topic is a mall-based chain of retail stores that specializes in apparel, accessories, gifts, and music for teenagers. For more about Hot Topic, visit www.hottopic.com. Aeropostale is a fast growing, mall-based specialty retailer of casual apparel and accessories, principally targeting 11 to 18 year-old young women and men. For more about Aeropostale at www.aeropostale.com.

“This major renovation has touched every part of Hot Springs Mall,” said John Bemis, Vice President of Shopping Centers for Aronov Realty Management, Inc., who manages and leases the mall. “Our goal was to bring to our customers throughout Garland County and the central Arkansas area a shopping mall that looks brand new and to provide them with the best shopping experience possible,” he continued. “We wanted to create an even more comfortable and relaxing environment for families to shop and enjoy,” he concluded.

Aronov developed Hot Springs Mall, opening the center in 1982, and has continued to direct the center’s daily management, marketing, leasing and development activities. The mall serves a trade area of over 336,600.

“Hot Springs Mall has always been recognized for its convenience and attention to customer service,” said Bruce Harvey, General Manager at Hot Springs Mall. “The addition of a larger Customer Service Center, the expanded food court and new soft seating areas mark a continued emphasis on providing excellent customer service,” he continued.

Hot Springs Mall includes three department stores — Dillard’s, JCPenney and Sears — and more than 61 specialty stores and Behind the Mall Cinemas. The shopping center continues to be a major contributor to the Garland County economy, employing more than 800 people. Over $70 million in annual sales is generated by the mall which translates to over $6 million in city and county tax revenue.

Aronov is the largest privately held, full-service real estate company in the Southeast with over 100 properties, and performs acquisition, development, management, leasing and brokerage services for its portfolio and properties owned by third parties. For leasing inquires at Hot Springs Mall, please contact Gary Jones at 334.277.1000 or gary.jones@aronov.com.

Information about mall sales, special discounts, events, services, directions, and employment opportunities in mall stores can be obtained on-line at www.shopmalls.com.

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