Treasure Coast Square

Treasure Coast Square is a regional shopping mall serving Martin County and the wider Treasure Coast area of Florida. The property opened in 1987 after being developed by Edward J. DeBartolo, a major American shopping-center developer. Its arrival reshaped the local retail market by bringing a large concentration of department stores, specialty retailers, dining, entertainment, and services to the area. At opening, its principal anchor tenants included J. C. Penney, Jordan Marsh, and Lord & Taylor. J. C. Penney’s relocation from the nearby Martin Square Mall was one of the changes associated with the new center’s emergence as a dominant retail destination. The mall’s development also affected retail competition beyond Martin County. The opening contributed to the decline of Martin Square Mall in nearby Stuart and was cited as a factor in the weakening of Boca Mall in Boca Raton, later redeveloped as Mizner Park. During the first decade after Treasure Coast Square opened, nearly 800,000 square feet of additional retail development was attracted to the surrounding area, underscoring the mall’s role as a regional commercial catalyst rather than simply a neighborhood shopping center. Treasure Coast Square contains approximately 115 stores and combines department-store anchors with smaller retailers, restaurants, a food court, and entertainment facilities. The anchor lineup has changed over time as department-store chains entered, exited, or reorganized their operations. The current or recently reported anchor mix includes Dillard’s, JCPenney, Macy’s, and Elev8 Fun. The center also includes a Regal movie theater with 16 screens, giving the property an entertainment component alongside its conventional retail offer. The Sears department store at the mall closed in February 2019. In 2025, the former Sears anchor space was replaced by a new tenant. Elev8 Fun opened a roughly 115,000-square-foot indoor family entertainment park at the property on May 9, 2025. The addition reflects the broader shift among established shopping centers toward entertainment, food, and experiential uses designed to increase visitation and reduce reliance on traditional department-store retail. Simon Property Group manages Treasure Coast Square. The available reference material does not establish the mall’s current ownership structure separately from its management relationship, so ownership is left unspecified here. In 2023, Martin County began investigating possible redevelopment options for the mall site through the Treasure Coast Regional Planning Council, working in collaboration with Simon Property Group. The concepts considered reducing conventional retail space, creating a more open-air shopping environment, adding green areas, and incorporating residential development into a mixed-use plan. These proposals indicate that the property is being evaluated in the context of changing consumer behavior, the long-term repositioning of enclosed malls, and demand for mixed-use real estate. The redevelopment concepts were investigative and conceptual; the available sources do not establish that a final construction program had been approved or completed.

Treasure Coast Square was developed by Edward J. DeBartolo and opened in 1987 in Martin County, Florida. Its initial department-store anchors were J. C. Penney, Jordan Marsh, and Lord & Taylor. The project introduced a large regional shopping destination to an area whose retail market had previously been served by smaller or less comprehensively anchored centers. The mall’s opening had a significant competitive effect on nearby retail properties. J. C. Penney moved from Martin Square Mall in Stuart to the new center, contributing to Martin Square’s subsequent decline. The new mall was also associated with the weakening of Boca Mall in Boca Raton, which was later transformed into Mizner Park. The commercial impact extended beyond the mall’s own tenant roster: nearly 800,000 square feet of new retail development appeared in the surrounding area during the first ten years after the center opened. Over time, Treasure Coast Square’s anchor composition changed as department-store operators adjusted their portfolios. The mall came to include Dillard’s, JCPenney, Macy’s, and other major and specialty retailers, together with restaurants, a food court, and a Regal cinema with 16 screens. Sears was among the former anchor tenants; its store closed in February 2019. The vacancy later became part of the property’s transition toward more experiential uses. On May 9, 2025, Elev8 Fun opened a new indoor family entertainment park measuring approximately 115,000 square feet at the mall. Its arrival represented a shift from the traditional department-store anchor model toward entertainment-led traffic generation. The mall’s reported store and amenity mix comprises approximately 115 stores, department stores, dining facilities, entertainment venues, and services. Simon Property Group manages Treasure Coast Square. The available source material does not identify a separate current owner, and management should not be treated as proof of ownership. In 2023, Martin County initiated an investigation of redevelopment possibilities for the property through the Treasure Coast Regional Planning Council, in cooperation with Simon Property Group. The conceptual alternatives responded to changing market conditions by proposing a smaller conventional retail footprint, open-air shopping areas, additional landscaped and green spaces, and residential development in a mixed-use setting. The source material describes these as concepts under investigation rather than a confirmed final redevelopment project.

• 2025

  Elev8 Fun opens

  [1]Treasure Coast Squareen.wikipedia.org

  Elev8 Fun opens a roughly 115,000-square-foot indoor family entertainment venue at the former Sears location on May 9.

• 2023

  Redevelopment investigation begins

  [1]Treasure Coast Squareen.wikipedia.org

  Martin County begins examining redevelopment concepts with the Treasure Coast Regional Planning Council and Simon Property Group.

• 2019

  Sears closes

  [1]Treasure Coast Squareen.wikipedia.org

  The Sears department store at Treasure Coast Square closes in February.

• 1997

  Surrounding retail development expands

  [1]Treasure Coast Squareen.wikipedia.org

  Nearly 800,000 square feet of additional retail development is reported in the area during the mall’s first decade.

• 1987

  Treasure Coast Square opens

  [1]Treasure Coast Squareen.wikipedia.org

  The mall opens in Martin County after development by Edward J. DeBartolo, with J. C. Penney, Jordan Marsh, and Lord & Taylor as original anchor tenants.

• 1987

  Regional retail impact begins

  [1]Treasure Coast Squareen.wikipedia.org

  The new center draws retail activity away from nearby competing properties, including Martin Square Mall in Stuart and Boca Mall in Boca Raton.

A regional enclosed shopping and entertainment destination serving Martin County and the wider Treasure Coast, with a tenant mix spanning department stores, specialty retail, dining, cinema, and experiential family entertainment.

• Retail · 1987

  Department-store retail

  Treasure Coast Square’s department-store offer has historically included J. C. Penney, Jordan Marsh, Lord & Taylor, Sears, Dillard’s, and Macy’s at different points in the property’s history. These anchors provide broad merchandise categories and serve as major traffic generators within the regional mall format. The exact current lineup can change as tenants open, close, or relocate.

• Retail · 1987

  Specialty retail

  The mall contains a broad collection of specialty stores alongside its department-store anchors. The available source material identifies the property as having approximately 115 stores but does not provide a complete current tenant directory. Specialty retail is therefore described at the mall-format level rather than through an unverified list of individual stores.

• Food and beverage · 1987

  Food court and dining

  Dining is part of the mall’s customer proposition through a food court and other food-service offerings. These facilities complement shopping and support longer visits, particularly when combined with the property’s cinema and family-entertainment uses. Specific restaurant names and current operators are not established in the supplied reference material.

• Entertainment

  Regal cinema

  A Regal movie theater with 16 screens provides cinema entertainment within the shopping-center complex. The theater broadens the property beyond conventional retail and contributes to its role as an evening and weekend destination. The supplied material does not specify the theater’s opening date or current operating details beyond its presence at the mall.

• Family entertainment · 2025

  Elev8 Fun

  Elev8 Fun is an indoor family entertainment park occupying approximately 115,000 square feet at Treasure Coast Square. It opened on May 9, 2025, in the former Sears anchor location. Its arrival illustrates the property’s movement toward experience-based uses intended to replace or supplement traditional department-store traffic.

• 2025

  Add Elev8 Fun as an entertainment anchorProduct launch

  Background

  The former Sears department-store space had been vacant since Sears closed in February 2019.

  Action taken

  Elev8 Fun opened a new approximately 115,000-square-foot indoor family entertainment park at the mall on May 9, 2025.

  Aftermath

  The opening added a large experiential attraction and replaced a former department-store anchor, but the supplied sources do not report attendance, financial, or leasing results.

  Source

• 2023

  Investigate a mixed-use redevelopment strategyStrategy

  Background

  Martin County examined how Treasure Coast Square could respond to changing retail demand and the evolution of enclosed shopping centers.

  Action taken

  The county, the Treasure Coast Regional Planning Council, and Simon Property Group explored concepts that would reduce conventional retail space, introduce open-air shopping and green areas, and add residential uses.

  Aftermath

  The available material describes conceptual planning rather than a completed or formally approved redevelopment program.

  Source

• 2025

  Elev8 Fun opens at Treasure Coast Square[1]Treasure Coast Squareen.wikipedia.org

  Product launch · Other

  Elev8 Fun opened a approximately 115,000-square-foot indoor family entertainment park at Treasure Coast Square on May 9, 2025, occupying the former Sears anchor location after Sears closed in February 2019.

• 2023

  Martin County investigates mixed-use redevelopment concepts for Treasure Coast Square[1]Treasure Coast Squareen.wikipedia.org

  Other

  Martin County worked with the Treasure Coast Regional Planning Council and Simon Property Group to examine possible redevelopment concepts for the mall. The ideas included less conventional retail space, open-air shopping areas, green space, and residential uses.

• 2019

  Sears closes its Treasure Coast Square location[1]Treasure Coast Squareen.wikipedia.org

  Other

  The Sears department store at Treasure Coast Square closed in February 2019, leaving an anchor space that was later replaced by a new entertainment tenant.

1. 1Treasure Coast Squareen.wikipedia.org