Rapid City Mall Gets New Owner, New Name


      The Rushmore Mall in Rapid City, in the hands of a bank for the past 3 years has a new owner and a new name. RockStep Capital says Uptown Rapid will be much different from the old mall.

         Rockstep President Andy Weiner says the word โ€œmallโ€ is associated with retail while Uptown Rapid will offer alternative uses such as fitness, hotels, and family entertainment. 

       Weiner says the next 3 years will see new spaces and a more modern exterior as it transitions from a mall to a community mecca.

        Uptown General Manager Sandy Brockhouse says some of the old mallโ€™s events will continue while growing others to help make the community center and gathering place. 

        Brockhouse says the current retail space is almost full, but is aggressively seeking additional tenants – offering a rent-free period for the first 3 new businesses and reduced rent for some spaces to attract smaller-scale businesses,