Grapevine - Colleyville - Southlake Edition - January 2022

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Trendy evolution Since it opened more than 24 years ago in 1997, Grapevine Mills has seen plenty of changes and an evolution in its retail oerings. Major chain retailers such as JCPenney and Sears, for example, have come and gone. Cresswell said oering diverse options gives Grapevine Mills lever- age to survive within a constantly changing economy—especially during the COVID-19 pandemic—while also meeting the needs of consumers. “Grapevine Mills really has an established and steadfast footprint, and they weathered the ebbs and ows of the economy successfully,” she said. “We feel given the market’s very diverse economy, we really do not anticipate that any past, present or potentially future hindrances will have any major impact on our business.” The mall features 180 shopping, dining and entertainment tenants, according to its website. “I think they did a phenomenal job of shifting,” Grapevine Chamber of Commerce CEO RaDonna Hessel said. “As the economy changes, people’s shopping habits change. They took a

In addition to its dining and retail oerings, Grapevine Mills has several destination tenants with uses including entertainment, esports and traditional sports. AN ENTERTA I NMENT HUB

AMC Theatres

Entertainment Retail

Dining

Sea Life

Legoland

Round One

Peppa Pig World of Play

The Escape Game

Belong Gaming

All On Target

Rainforest Cafe

Fieldhouse USA

SOURCE: SIMON PROPERTY GROUPCOMMUNITY IMPACT NEWSPAPER

proactive approach of how to benet the various businesses that were within the mall as well as our community.” While the increased demand in online shopping has fueled concern about the future of malls, Hunter said there is reason for optimism as many people still prefer the social experi- ence of shopping in person. “Actually malls, as we come out of the pandemic, are one of the strongest-performing sectors in the

country,” he said. “Online sales make up about 20% of retail sales right now. The other 80% are purchased in a physical store.” With an inux of people moving to North Texas, Grapevine Mills remains a key attraction in the metroplex, Hessel said. “It was a tremendous regional draw for not just Grapevine, but for the entire area, and it denitely beneted

the city through sales tax generation as well as just the tourism aspect of it,” Hessel said. “People coming from outside of the community to spend their money in Grapevine—it also benets surrounding businesses, i.e. restaurants, hotels, attraction.”

For more information, visit communityimpact.com .

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GRAPEVINE  COLLEYVILLE  SOUTHLAKE EDITION • JANUARY 2022

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