From Packed to Empty: How Charlestowne Mall Collapsed in St. Charles, IL

A Mall Built for a Future That Didn’t Happen

Charlestowne Mall opened in April 1991 with more than a million square feet and projections that St. Charles would keep growing east.

Wilmorite Properties laid down tile, recruited anchor stores, and pitched the property as upscale and anchored.

For a few years, it looked like the bet might work. Then Geneva Commons opened. The story that followed wasn’t a collapse, exactly—but a tapering that never reversed…

Story continues

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