Overview
- The mall was found locked and dark Saturday with a notice saying it was closed until further notice, confirming a permanent shutdown ahead of Monday’s planned date.
- An employee at Ecco, the last remaining tenant, confirmed the early closure that ended expectations the store would operate through the weekend.
- BART closed the Powell Street Station entrance to the complex earlier in the week, signaling the accelerated wind-down.
- A group of lenders that acquired the mall’s debt in November terminated remaining leases and retained CBRE to market the property.
- Officials and residents are discussing possibilities from housing to arts or entertainment uses, while experts warn any redevelopment of the transit-linked site will be costly and technically challenging.