DeVargas Center

The De Vargas Mall was developed by Kentucky businessman Nash Hancock and formally opened its doors in 1973.[3] However, an Albertsons and Factory 2-U already had opened a few years prior. The structure was designed by Santa Fe architect William Lumpkins.[4] In 1975, luxury men's department store Goodman's relocated from the Santa Fe Plaza.[5] In 1977, the center added a Montgomery Ward and JCPenney as anchors and a United Artist two-screen theater.[6][7] When the Villa Linda Mall opened in 1985, JCPenney relocated to the southwest side of town. The site would later be replaced by upscale department store C. R. Anthony Co.[8]

The mall changed ownership for the first time in Weingarten Realty and underwent $1-million renovation which included upgrading the interior and expanded the theater.[9] In 1996, Ross Dress for Less opened up a new-to-market location.[10] In 1998, Montgomery Ward announced bankruptcy and shuttered its Santa Fe location.[11] That same year Albertsons purchased the former Montgomery Ward location and announced plans to reconstruct the building.[12]

In 2010, Fidelis Realty Partners purchased the property from Weingarten Realty Management Co, Inc.[13] In 2016, several tenants from nearby Sanbusco Marketplace relocated to the center following New Mexico School of the Art's purchase of the property.[14] During that same year, anchor tenant Hastings filed Chapter 11 bankruptcy and closed all of its stores.[15] In 2017, the Regal Cinemas closed its six-screen theater[16] In 2018, the shopping center announced plans to reconstruct the west side of the complex to include The Alley, a lounge and bowling alley.[17] In 2019, T.J. Maxx announced HomeGoods subsidiary plans to occupy one of the anchors at the center.[18] In 2022, Sierra Trading Post remodeled the former Hastings location.[19]