Steeplegate Mall

In 2011, General Growth Properties, the successor company to Homart, transferred ownership of the mall, along with 29 other underperforming malls, to its Rouse Properties subsidiary.[12] In August 2014, Rouse Properties announced that it had defaulted on its loan for Steeplegate Mall and was in the process of turning over the property to its lenders.[13] By April 2015 the property was owned by a consortium of lenders including Wells Fargo Bank and Midland Loan Servicing and managed by Colliers International.[14]

In January 2015, Old Navy, one of four main anchors at the mall, closed its doors.[15]

In May 2016, Steeplegate Mall was bought by the New York-based Namdar Realty Group for $10.4 million.[16]

As part of an attempt to diversify from traditional retail and food stores, Hatbox Theater, a live theater venue located in the former Coldwater Creek and using the adjoining former RadioShack space for storage and rehearsals, opened in 2016.[17] Similarly, VIP Bounce Houses and Laser Tag opened in the former Old Navy location that year.[18]

In April 2018, Bon-Ton closed both of its stores as part of a plan to close 42 stores nationwide.[19] Later that same year, a charter school called Capital City Charter School moved into the former Bon-Ton men's clothing and houseware store,[4][20] although it closed and filed for bankruptcy in 2021,[21][22] while an Altitude Trampoline Park franchise opened within the former Circuit City space in November.[5][23]

In 2019, a health club called The Zoo opened a franchise in the former Bon-Ton women's and children's store, marking the first time since Circuit City's closure that all five anchors in the mall had an active permanent tenant.[6] In 2019, one of the mall's oldest tenants, a confectionery called True Confections Candies & Gifts, moved out of the mall, citing declining foot traffic and the mall owners' unwillingness to lower rent rates.[24]

On February 6, 2020, Sears closed the Steeplegate store as part of closing 96 stores nationwide, which left JCPenney as the only traditional anchor.[25] The former Sears store was used as a state vaccination site during the COVID-19 pandemic.[26]

In February 2022, the mall's owners told the five remaining businesses that were only accessible from inside the mall to vacate their spaces by March 2022 for upcoming unspecified changes to the mall's interior.[27] The same month, the owners also told the Hatbox Theatre, which only had an exterior entrance, that it had until March 13 to vacate the spaces it used.[17] However, the owners renounced their demands shortly afterward and allowed the theater to stay, although Hatbox was no longer permitted to use the adjoining former RadioShack space.[28] By April 2022, all of the last five interior-only businesses vacated the mall; four of them moved to other locations—three to elsewhere in Concord and one to Hooksett—while the fifth decided to close permanently.[29] On April 22, the mall closed its interior to visitors, leaving only the six remaining businesses with exterior entrances—JCPenney, Talbots, Chico's, Hatbox Theatre, The Zoo Health Club, and Altitude Trampoline Park.[3] On December 8, 2022, a pickleball club called All-Stars Pickleball Club opened in the former Old Navy space.[7]

In 2023, owner Namdar Realty Group sold the mall to Onyx Partners Ltd. of Needham, Massachusetts, who announced plans to demolish most of the mall. The developers are is proposing to build of a mixed-use retail and residential development with 625 apartments in place of most of the mall and the adjacent Regal Cinemas movie theater. The proposal has begun city review; construction could start as early as 2024.[9]