Make us your home page

Seminole Mall to lose another store: Dollar Tree

Seminole Mall, at the northeast corner of Park Boulevard and 113th Street N, is anchored by Kmart and Bealls department store.


Seminole Mall, at the northeast corner of Park Boulevard and 113th Street N, is anchored by Kmart and Bealls department store.

SEMINOLE — The year appears to be ending on a bleak note for Seminole Mall — it's losing another store.

The reason may not be the economy but the mall owner.

"The Dollar Tree dollar store in the … mall will be closing down in three weeks because the owners of the mall will only write three-month leases," Seminole council member Jim Quinn said during a recent council meeting.

Dollar Tree officials confirmed the store was closing, but declined to comment further.

Mayor Jimmy Johnson, who is executive director of the Seminole Chamber of Commerce, confirmed the news about the short-term leases.

"The maximum's three months," Johnson said.

Short-term leases allow the mall's owner, Downtown Seminole LLC, to have income but be poised to quickly rid the mall of most tenants.

"I think they're waiting for something to happen," Johnson said. "The three-month leases (are) kind of like an ace in the hole."

What Downtown Seminole is waiting for is uncertain. Jim Gibbs of Downtown Seminole and Susan Rooth, head of the Seminole Mall Merchants Association, did not return phone calls asking for comment. Patty Neito, spokeswoman for RMC Property Group, the mall's leasing agent, declined comment.

The mall, at the northeast corner of Park Boulevard and 113th Street N, was built in 1964 and has become the city's "downtown."

Its 425,292 square feet are anchored by a Kmart and a Bealls department store. A CVS drugstore and a movie theater are also there. A Publix also anchored the mall until last year when it moved across 113th Street to a refurbished Albertson's. The grocery's departure worsened the situation for the mall, which had been struggling even before the economic downturn hit.

Seminole Mall Acquisitions bought the approximately 39.3 acres in March 2002 for $20.7 million. Four years later, Downtown Seminole, a Delaware corporation, bought it for $35.7 million.

At that time, the Pinellas County Property Appraiser assessed the value at about $21.2 million. That climbed to $26.2 million in 2008 but has since dropped. The assessed value is $15.8 million.

Downtown Seminole's purchase sparked a bevy of rumors concerning the mall's future. Those included speculation that the mall would be razed to make way for an upscale shopping mecca that would put International Plaza to shame, an open mall anchored by a big-box retailer, or even a residential, or mixed-use development. But none panned out and officials aren't getting their hopes up.

"I don't look for anything exciting to happen," Johnson said. "They're not giving out but so much information, which to me is not logical. Nobody knows. Not even (City Manager Frank) Edmunds knows and he knows everything."

Reach Anne Lindberg at or (727) 893-8450.

Seminole Mall to lose another store: Dollar Tree 12/21/10 [Last modified: Tuesday, December 21, 2010 4:21pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. First WannaCry, now cyberattack Petya spreads from Russia to Britain


    Computer systems from Russia to Britain were victims of an international cyberattack Tuesday in a hack that bore similarities to a recent one that crippled tens of thousands of machines worldwide.

    A computer screen cyberattack warning notice reportedly holding computer files to ransom, as part of a massive international cyberattack, at an office in Kiev, Ukraine, on Tuesday.  A new and highly virulent outbreak of malicious data-scrambling software appears to be causing mass disruption across Europe.
[Oleg Reshetnyak via AP]
  2. Higher Social Security payouts help Florida post a big jump in personal income

    Personal Finance

    Personal income grew 1.3 percent in Florida in the first quarter of this year, a four-way tie among all states for second-fastest growth behind Idaho.

  3. U.S. Rep. Charlie Crist and estranged wife Carole put Beach Drive condo on the market

    Real Estate

    ST. PETERSBURG — U.S. Rep. Charlie Crist and his estranged wife, Carole, have put their Beach Drive condo on the market for $1.5 million.

    U.S. Rep. Charlie Crist and his estranged wife, Carole, have put their Beach Drive condo in Parkshore Plaza on the market for $1.5 million. {Courtesy of Amy Lamb/Native House Photography]
  4. Trigaux: Task now is for Water Street Tampa to build an identity


    Adios, VinikVille! Hello Water Street Tampa.

    An aerial rendering of the $3 billion redevelopment project that Jeff Vinik and Strategic Property Partners plan on 50-plus acres around Amalie Arena.
[Rendering courtesy of Strategic Property Partners]
  5. Unlicensed contractor accused of faking death triggers policy change at Pinellas licensing board

    Local Government

    The unlicensed contractor accused of faking his death to avoid angry homeowners has triggered an immediate change in policy at the Pinellas County Construction Licensing Board.

    Last year Glenn and Judith Holland said they paid a contractor thousands of dollars to renovate their future retirement home in Seminole. But when they tried to move in on Dec. 14, they said the home was in shambles and uninhabitable. They sent a text message to contractor Marc Anthony Perez at 12:36 p.m. looking for answers. Fourteen minutes later, they got back this text: "This is Marc's daughter, dad passed away on the 7th of December in a car accident. Sorry." Turns out Perez was still alive. Now the Hollands are suing him in Pinellas-Pasco circuit court. [LARA CERRI   |   Times]