Shreveport, August 31, 2025
News Summary
Summit Properties USA has acquired Mall St. Vincent in Shreveport, aiming for revitalization and community engagement. Plans include attracting new tenants and hosting events to rejuvenate the mall’s atmosphere. With 42 storefronts and strategic location, the mall’s future looks promising despite past challenges like declining foot traffic. Exciting new developments include the conversion of the former Sears space into a research facility by LSU Health Shreveport and the entry of Troubled Muse animation studio by 2024. The mall is seeking local artists for murals to enhance ambiance.
Shreveport’s Mall St. Vincent Acquired by Summit Properties USA, Promising Revitalization Efforts
The Mall St. Vincent in Shreveport has been acquired by Summit Properties USA, a real estate investment company focused on revitalizing retail spaces. The announcement was made through a Facebook post on August 1, signaling an exciting new chapter for the mall’s future.
General Manager Jay Fontenot expressed enthusiasm about the acquisition, emphasizing the vision to attract new tenants, host community events, and enhance the overall space for visitors. With a strategic location offering direct access to Interstate 49 and a market of over 184,000 residents, the mall appears well-positioned for potential growth.
Currently, Mall St. Vincent features 42 storefronts, including well-known national brands like Claire’s and Bath & Body Works, alongside various local businesses and kiosks. However, it has faced challenges in recent years, particularly with declining foot traffic and vacancy issues, exacerbated by the closure of the former Sears store in 2018. At present, Dillard’s is the only active anchor store in the mall.
In a significant development for the community, LSU Health Shreveport plans to repurpose the vacant Sears space into a research facility set to open in 2024, which may further elevate the area’s economic prospects. Additionally, the animation studio Troubled Muse has announced plans to move into the mall by March 2024, signaling an influx of new creative business ventures.
There is a growing interest in beautifying the mall and improving its ambiance. Mall St. Vincent is actively seeking local artists to create a mural to spruce up one of its hallways, emphasizing the aim to establish a more inviting atmosphere. Local business owners, such as kiosk manager Ray Mohammed, expressed optimism about the new ownership and its potential to reinvigorate the mall’s former vibrancy, as well as enhance consumer foot traffic.
The mood among local vendors is cautiously optimistic, with many advocating for the introduction of new businesses and unique experiences that could attract shoppers back to the mall. Despite the excitement surrounding the acquisition, Summit Properties has yet to present specific redevelopment plans, but the company is recognized for its history of hosting community events at its various properties.
While the acquisition has garnered positive feedback, legal documentation confirming the sale has not yet been filed with the Caddo Parish Clerk of Court or Tax Assessor’s offices. This ongoing development underscores the transitional phase that the mall is experiencing.
Overall, the acquisition of Mall St. Vincent by Summit Properties USA represents a significant opportunity for revitalization and economic growth in Shreveport. The return of more foot traffic and engagement at the mall could potentially lead to a thriving retail environment tailored to community needs.
Key Features of Mall St. Vincent Acquisition
| Feature | Details |
|---|---|
| New Owner | Summit Properties USA |
| Location | 1133 St. Vincent Ave, Shreveport |
| Store Count | 42 storefronts |
| Active Anchor Store | Dillard’s |
| Former Anchor Store | Sears (closed since 2018) |
| New Planned Businesses | Troubled Muse (March 2024), LSU Health Shreveport facility (2024) |
Frequently Asked Questions
Who purchased Mall St. Vincent?
Mall St. Vincent was purchased by Summit Properties USA.
What is the current number of stores in the mall?
There are currently 42 storefronts, including national and local businesses.
What plans are there for the former Sears location?
LSU Health Shreveport is set to repurpose the former Sears space into a research facility beginning in 2024.
Are there any new businesses moving into the mall?
Yes, Troubled Muse, an animation studio, plans to move into the mall in March 2024.
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Additional Resources
- KSLA News: Mall St. Vincent New Owner
- Wikipedia: Mall
- KTBS News: Revival at Mall St. Vincent
- Google Search: Mall St. Vincent
- Shreveport-Bossier Advocate: New Owner of Mall St. Vincent
- Encyclopedia Britannica: Mall
- KTAL News: Shreveport Mall Revitalization Plans
- Google News: Mall St. Vincent
Author: STAFF HERE SHREVEPORT WRITER
The SHREVEPORT STAFF WRITER represents the experienced team at HEREShreveport.com, your go-to source for actionable local news and information in Shreveport, Caddo Parish, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Mudbug Madness Festival, Red River Revel Arts Festival, and Independence Bowl. Our coverage extends to key organizations like the Shreveport-Bossier Chamber of Commerce and Shreveport Regional Arts Council, plus leading businesses in gaming, healthcare, and energy that power the local economy such as Horseshoe Casino, Ochsner LSU Health, and Atmos Energy. As part of the broader HERE network, including HEREBatonRouge.com and HERENewOrleans.com, we provide comprehensive, credible insights into Louisiana's dynamic landscape.
