Polaris Fashion Place opens on Oct. 25, 2001

The Business front page of The Columbus Dispatch for Oct. 25,  2001. Glimcher Realty Trust opened Polaris Fashion Place.

Editor’s note: Each Sunday, The Dispatch features a page from this week in history to celebrate the newspaper’s 150 years of publication, with a little update on what’s happened since.

When Polaris Fashion Place opened 20 years ago this week, it was a departure for Columbus real estate developer Herb Glimcher. 

Polaris was key to Glimcher Realty Trust’s effort to reposition itself from a regional developer of small shopping centers to a national developer of major shopping malls, The Dispatch reported at the time. 

It was the largest non-outlet mall the company had developed, and was five times the size of the company’s average shopping center. The mall includes some of the biggest names on the company’s roster at the time: Saks, Lord & Taylor and the Great Indoors. That was a far cry from a developer that most-often anchored retail centers with now defunct or struggling retailers such as JCPenney, Kmart and Ames.

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