Location
2201 South I-35E , near Hobby Lobby and Hastings
Hours
Mon - Sat 10am - 9pm, Sun 10am - 6pm
Phone
(940) 566 6024
Website
http://www.shopgoldentriangle.com
Established
1980

Golden Triangle Mall is an enclosed, single-level, distressed shopping mall located at the intersection of Loop 288 and I-35E in Denton, Texas. It contains 7 major anchors, a playplace, and total leasable floor area of 764,719 total sq. ft.

History

Photo by Mahanga Golden Triangle Mall opened in 1980 as the first enclosed shopping mall in Denton County. The mall thrived in the 1980s, but began suffering when the much larger Vista Ridge Mall opened just in Lewisville, just south on I-35E, in 1989. Denton Mall Co. sold Golden Triangle to Simon Property Group in 1999. In 2000, Golden Triangle underwent a $3.5 million renovation of its interior, including new floor tile, updated entrances, restroom facilities, and mall graphics.

In April 2006, the under-performing mall was sold to Feldman Mall Properties at an estimated $40 million with plans to invest over $30 million in renovations. Plans for renovations were halted due to the proposed sale of Feldman Mall Properties and the future development of Rayzor Ranch Town Center. In June 2010, lender JPMorgan Chase & Co. announced its intention to sell Golden Triangle Mall at a foreclosure auction to recoup the $25 million that Feldman Mall Properties still owes on JPMorgan's 2006 loan to Feldman.

In 2012, remodeling of the exterior is planned.  It should be done by fall 2012.

Stores

Trivia

The name comes from the "Golden Triangle" formed by Denton, Dallas, and Fort Worth. Denton is at the apex because North is the top.

It has been given the nickname "Ghetto Triangle" by those who work there.

See Also