Paddock Shops

Shopping mall in Louisville, Kentucky

Paddock Shops

The Terrace at the Paddock Shops

Location| Louisville, Kentucky
Opening date| November 1, 2001
Management| Fairbourne Properties
Owner| CPT Capital Management
No. of anchor tenants| 6
Total retail floor area| 367,500
No. of floors| 1
Public transit access|  TARC
Website| paddockshops.com

The Paddock Shops is a shopping complex in the east end of Louisville, Kentucky, USA, billed as a lifestyle center. Boston-based CPT Capital Management owns the property, originally called The Summit of Louisville, while Chicago-based Fairbourne Properties manages it.[1] From its opening in 2001 until May 2013, it had been owned by a subsidiary of Prudential and managed by Birmingham, Alabama-based Bayer Properties.[1][2]

It has 367,500 square feet (34,140 m2) of retail space spread over 40 acres (160,000 m2) of land, with central parking surrounded by Mediterranean-themed storefronts.[2] The primary entrance is on Kentucky Route 22.[3]

The shopping complex formally opened on November 1, 2001.[3] On May 21, 2013, a Louisville business journal reported that CPT Capital Management had purchased the center for $111.5 million, and that Wilkow would take over from Bayer as property manager.[4] Shortly after the sale, the new managers announced that the complex would be renamed via an online vote. Three choices were provided—Paddock Shops, Oaks Town Center, and Shops of Louisville—along with a write-in option.[1] On August 15, 2013, Wilkow announced that the winning name was Paddock Shops, with nearly 30% of the vote, and new signage was immediately installed.[5]

## Anchors

[edit]

The Paddock Shops has several anchor stores with Bed Bath & Beyond being the largest by square foot, totaling just over 30,000. Barnes & Noble, Earth Fare, and Office Depot are smaller with square footage in the mid-twenties range. On May 16, 2015, Office Depot officially closed its doors, and Earth Fare departed. The lifestyle center also has junior anchors in Ulta Cosmetics and DSW.[2]

## External links

[edit]

* Paddock Shops
* Fairbourne Properties

1. ^ a b c Robinson, Andrew (June 20, 2013). "What's in a name? The Summit looks for a new one". Business First Louisville. Retrieved August 19, 2013.
2. ^ a b c Bayer Properties - Summit of Louisville Profile Archived 2008-02-26 at the Wayback Machine
3. ^ a b Goetz, David (October 19, 2001). "'Lifestyle center' almost ready". The Courier-Journal.
4. ^ Robinson, Andrew (May 21, 2013). "Summit shopping center sold for $111.5 million". Business First Louisville. Retrieved August 19, 2013.
5. ^ "East Louisville shopping center gets new name". Louisville, KY: WDRB. August 15, 2013. Retrieved August 19, 2013.

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Malls in the Louisville metropolitan area

Enclosed regional malls|

* Green Tree Mall
* Jefferson Mall
* Mall St. Matthews
* Oxmoor Center

Enclosed local malls|

* Fourth Street Live!
* Mid-City Mall

Major shopping centers|

* Outlet Shoppes of the Bluegrass
* Paddock Shops

Defunct|

* Bashford Manor Mall
* River Falls Mall

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Shopping malls in Kentucky

Louisville|

* Bashford Manor Mall
* Fourth Street Live!
* Jefferson Mall
* Mall St. Matthews
* Mid-City Mall
* Oxmoor Center
* Paddock Shops

Lexington|

* Fayette Mall
* Hamburg Pavilion
* Lexington Mall
* Mall at Lexington Green
* The Summit at Fritz Farm
* Turfland Mall

Elsewhere|

* Ashland Town Center
* Camayo Arcade
* Camp Landing Entertainment District
* Florence Mall
* Greenwood Mall
* Kentucky Oaks Mall
* Middlesboro Mall
* Newport on the Levee
* Outlet Shoppes of the Bluegrass
* South Side Mall
* Towne Square Mall

38°18′28″N 85°34′37″W﻿ / ﻿38.30778°N 85.57694°W﻿ / 38.30778; -85.57694

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