Overview
- An employee at Ecco, the mall’s last remaining retailer, confirmed the Jan. 26 shutdown to local reporters.
- A lenders’ group that acquired the mall’s debt in November took control and issued lease-termination notices to remaining tenants.
- The property’s next use has not been announced, and BART says reopening the Powell Station passage would require a new license agreement with a future owner.
- The mall’s slide accelerated after the pandemic, with anchor departures by Nordstrom in 2023 and Bloomingdale’s in 2025 weakening the retail ecosystem.
- Reported thefts in the Southern District nearly doubled in 2024, a trend cited as depressing foot traffic and hastening store closures.