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 Mall interior (2009) | |
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| Coordinates | 33°51′11″N84°21′44″W / 33.85312°N 84.36217°W /33.85312; -84.36217 |
|---|---|
| Address | |
| Opening date | 1969; 56 years ago (1969) |
| Developer | Ogden Phipps |
| Management | Simon Property Group |
| Owner | Simon Property Group |
| No. of stores and services | 102 |
| No. ofanchor tenants | 2 |
| Total retail floor area | 823,053 sq ft (76,464.1 m2) |
| No. of floors | 3 |
| Website | simon |
Phipps Plaza is ashopping mall in theBuckhead area ofAtlanta,Georgia. It is located at the intersection ofPeachtree Road (SR 141) and Lenox Road (SR 141 Connector), adjacent to thePhipps Tower office building. The mall is currently owned and managed bySimon Property Group, and is considered a sister mall to the adjacent, Simon-ownedLenox Square. The mall featuresNordstrom andSaks Fifth Avenue.
In 1969, Phipps Plaza opened as the first multi-level mall in Atlanta, aiming to become theSouth's leading shopping destination. The mall originally opened with two levels. Purchased by financierOgden Phipps in 1966 for less than $600,000, the development was sold in 1992 toSimon Properties for $488 million. That year, in development as part of a $140 million renovation and expansion, Phipps added a third anchor, Birmingham, Alabama basedParisian, owned by the parent company of Saks Fifth Avenue, to its original anchors Saks Fifth Avenue andLord & Taylor. This was their second Atlanta area location (their first was atTown Center at Cobb which also opened in 1992) and their flagship. This was followed by the openings of other area stores atGwinnett Place Mall in 1993 andNorthlake Mall in 1994, respectively. The expansion would also add a 14 screenAMC theatre, a new food court, new elevators, and the addition of one new level. Phipps Plaza remains Atlanta's only Saks Fifth Avenue venue. Lord & Taylor was repositioned and shuttered entirely in 2004. The store served as one of the original anchors for 35 years. The space was eventually completely renovated to make way for Atlanta's thirdNordstrom, which opened in March 2005. On August 2, 2006, it was announced thatBelk was acquiring theParisian chain of department stores, with the store being converted to the Belk name in the fall of 2007. In 2010 the food court was renovated into aLegoland Discovery Center.
On November 13, 2017, Belk announced that it would close its location at Phipps Plaza during the summer of 2018. On November 14, Simon Property Group announced that it would replace Belk with a 150-roomNobu Hotel and restaurant, 300,000 square foot Class A office tower, 90,000 square footLife Time Athletic facility and a 30,000 square foot food hall. The hotel and restaurant are expected to open in late 2019 with plans for the other portions of the project to debut in phases in 2020.[1]
By 2023, since theCovid-19 lockdowns, Phipps Plaza has announced several new additions, among them areBalmain,Celine,Fendi,Etro,Brunello Cucinelli,Canada Goose,Hermès, andAlexander McQueen.[2][3]
The mall is known for its interior décor, which consists of mahogany walls, marble floors, glass elevators, chandeliers, and a massive, carpeted staircase.