The Paddock Shops is a shopping complex in the east end of

Louisville, Kentucky Louisville is the List of cities in Kentucky, most populous city in the Commonwealth of Kentucky, sixth-most populous city in the Southeastern United States, Southeast, and the list of United States cities by population, 27th-most-populous city ...

, USA, billed as a

lifestyle center A lifestyle center (American English), or lifestyle centre (Commonwealth English), is an open-air shopping center which aims to create a "pedestrian-friendly, town-like atmosphere with sidewalks, landscaping, ambient lighting, and park benches. ...

. Boston-based CPT Capital Management owns the property, originally called The Summit of Louisville, while Chicago-based Fairbourne Properties manages it. From its opening in 2001 until May 2013, it had been owned by a subsidiary of Prudential and managed by

Birmingham Birmingham ( ) is a City status in the United Kingdom, city and metropolitan borough in the metropolitan county of West Midlands (county), West Midlands, within the wider West Midlands (region), West Midlands region, in England. It is the Lis ...

Alabama Alabama ( ) is a U.S. state, state in the Southeastern United States, Southeastern and Deep South, Deep Southern regions of the United States. It borders Tennessee to the north, Georgia (U.S. state), Georgia to the east, Florida and the Gu ...

-based Bayer Properties.Bayer Properties - Summit of Louisville Profile
It has of retail space spread over of land, with central parking surrounded by Mediterranean-themed storefronts. The primary entrance is on

Kentucky Route 22 Kentucky Route 22 (KY 22) is a east–west highway running from the eastern suburbs of Louisville to an unincorporated place called Willow in Bracken County in Northern Kentucky. Route 22 has a short business route in Dry Ridge, an area ...

. The shopping complex formally opened on November 1, 2001. On May 21, 2013, a Louisville business journal reported that CPT Capital Management had purchased the center for $111.5 million, and that Wilkow would take over from Bayer as property manager. Shortly after the sale, the new managers announced that the complex would be renamed via an online vote. Three choices were provided—Paddock Shops, Oaks Town Center, and Shops of Louisville—along with a write-in option. On August 15, 2013, Wilkow announced that the winning name was Paddock Shops, with nearly 30% of the vote, and new signage was immediately installed.

Anchors

The Paddock Shops has several

anchor stores In North American, Australian and New Zealand retail, an "anchor tenant", sometimes called an "anchor store", "draw tenant", or "key tenant", is a considerably larger tenant in a shopping mall, often a department store or retail chain. They are ...

with

Bed Bath & Beyond Bed Bath & Beyond was an American big-box retail chain specializing in housewares, furniture, and specialty items. Headquartered in Union, New Jersey, the chain operated stores in the United States and Canada, and was once counted among the ...

being the largest by square foot, totaling just over 30,000.

Barnes & Noble Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 600 retail stores across the United States. Barnes & Noble operates mainly through its B ...

Earth Fare Earth Fare is an American health and wellness supermarket with 20 locations in eight states throughout the southeastern United States. It sells natural and organic food that the company claimed to have the highest product standards in the United S ...

, and

Office Depot The ODP Corporation is an American office supply retailer headquartered in Boca Raton, Florida. The company operates 922 retail stores in the United States under the Office Depot and OfficeMax brands, as well as e-commerce sites and a business ...

are smaller with square footage in the mid-twenties range. On May 16, 2015, Office Depot officially closed its doors, and Earth Fare departed. The

also has junior anchors in Ulta Cosmetics and DSW.

External links

Paddock ShopsFairbourne Properties
Economy of Louisville, Kentucky Shopping malls in Kentucky Shopping malls established in 2001 Lifestyle centers (retail) Shopping districts and streets in the United States Commercial buildings in Louisville, Kentucky {{Louisville-struct-stub