Esri Co-Founders Purchase Distressed Redlands Mall: Report

REDLANDS, CA — Jack and Laura Dangermond, co-founders of the large Inland Empire company Esri, have purchased the former Redlands Mall site, according to KVCR.

The transaction was recorded Nov. 5, and the estimated sale price was $15.75 million, the news outlet reported.

The acquisition was made by the Dangermonds, not their privately held mapping software company, Esri.

The couple stepped in after the property changed hands five times over the last two decades. They did so because previous developers had been unable to advance a project on the blighted site, according to KVCR reporting.

The Dangermonds plan community-focused redevelopment of the property.

Redlands Mall, located on about 12 acres on Orange Street and Eureka Street between Redlands Boulevard and Citrus Avenue, was built in 1977. It was once anchored by CVS and Gottschalks, but has been largely vacant since 2010.

The property is situated southeast of the Redlands Packing House District, where the Dangermonds began investing in redevelopment in 2015.

The mall needs significant improvements, and a complete site plan is expected over the next year, according to KVCR reporting.

Redlands-based Esri employs between 5,000 and 10,000 people, according to its LinkedIn page. The company produces geographic information system (GIS) software, location intelligence, and mapping for customers worldwide.