Situation
Originally developed by the DeBartolo Corporation, The Palm Beach Mall opened in 1967 as Florida’s first fully-enclosed regional mall and was the largest mall in the southeastern United States at the time. Throughout the 1970s and 1980s, the mall was a strong performer and featured such tenants as JC Penney, Lord & Taylor, Jordan Marsh, and Sears. However, the mall fell on hard times due to competition and the economic downturn, ultimately closing in 2010.