Woodbury Corporation confirmed Thursday that Macy’s at Orem’s University Place will close sometime this year.
“We have greatly enjoyed our long relationship with Macy’s. They will be leaving our center this year at the end of their lease term,” said Randy Woodbury, president of Woodbury Corporation, on behalf of University Place. “We are underway with plans for additional redevelopment of the west side of University Place and we look forward to providing further information about these plans in the coming months.”
Many in the business development arena of Provo and Orem said on social media that Dillard’s at the Provo Towne Centre may leave Provo and subsequently take Macy’s place at University Place.
Kurt Kaufman, chief operating officer for Brixton Capital, which owns Provo Towne Center, responded to the heresay.
“While we cannot control Dillard’s decision on where they locate stores, we remain committed to the Provo Towne Centre, its phenomenal regional location and its potential to become a strong, stable mixed-use commercial center,” he said.
Macy’s anchor location on the west end of University Place has seen a variety of tenants since the University Mall opened in March 1973.
The original tenant in the Macy’s location was the popular ZCMI department store. The other two anchors at University Place were Mervyn’s and J.C. Penney. J.C. Penny moved to the Provo Towne Centre in 1998, where it was an anchor store with Sears and Dillard’s. Sears at Provo Towne Centre closed two years ago and remains empty.
Following ZCMI at University Place came Meier and Frank, owned by the May company. It became Macy’s in September 2006 as part of a $400 million national conversion from May stores to Macy’s.
In January 2017, Macy’s announced they would be closing about 100 stores nationally over the next two years. During 2017, Macy’s closed 68 stores including two in Utah at the Layton Hills Mall and Cottonwood Mall.
In a list released in January, Valley Fair Mall was also included, but not Orem.