New River Valley Mall


New River Valley Mall is an enclosed shopping mall in Christiansburg, Virginia, United States. Opened in 1988, it features Kohl's, Belk, and Dick's Sporting Goods as its major anchor stores. It is owned and managed by Spinoso Real Estate Group.

History

The mall opened in 1988. Built by Crown American, it originally featured Hess's, J. C. Penney, Sears, and Leggett.
The mall struggled with vacancy for several years, and was only at 75 percent occupancy for most of the 1990s. In response to this, PREIT, which bought most of the Crown American portfolio, renovated the center throughout the 21st century. Renovations included expansion of the Belk space and a new Dick's Sporting Goods store, replacing Peebles which was operating out of the former Hess's space. A vacated movie theater was also turned into a food court and a satellite campus of New River Community College.
Sears closed in 2014, and was replaced by Kohl's a year later. J. C. Penney closed its store at the mall in 2017.
In 2016, CBL & Associates Properties acquired the mall from PREIT. Planet Fitness announced in 2018 that it would open in the Kohl's wing. CBL has since sold the mall to Spinoso Real Estate Group