BoiseDev first broke news of a planned redevelopment of Nampa’s Karcher Mall last year.
Now comes word the totally revamped center will get a new name: Karcher Marketplace.
The plan calls to “demall” the project. Construction crews will demolish a large portion in the center of the aging mall, replacing it with surface parking. Several existing tenants will stay in place, including More Furniture for Less, Ross Ress for Less, Big 5 Sports Goods and JoAnn Fabrics.
A leasing flier teases a Nampa location for DD’s Discounts, an off-price clothing and home goods retailer.
A number of store spaces remain for lease, including a large call center space and other retail locations.
The developer, Rhino Investments, also hopes to build an apartment complex with 11 buildings, a clubhouse, and a pool.
Karcher Mall first opened in 1965, the first enclosed mall in the Boise metro area. It began to decline in the late 1980s with the opening of Boise Towne Square, and continued to struggle over the last decade as the retail environment changed. A previous owner poured in $14 million in upgrades in 2008, but vacancy rates remained high.
Crews broke ground on the revamp in November. The Idaho Press said the redevelopment will cost $30 million to $50 million.