History
The mall site was first re-zoned by the Nashua Board of Aldermen in December 1978 with the intention of clearing the way for primary owners Yankee Greyhound Inc. to build a major regional retail center on the site. By early 1984, the property was owned by State Properties of New England, previously a minority owner; ground work had been started and steel had been ordered. After more than two years of construction, Pheasant Lane Mall opened on July 23, 1986. The resulting mall development transformed South Nashua. It turned the southeastern portion of the city, roughly conforming to the city's 8th ward, from a sparsely populated outlier area into a swath of financial, retail and high-density residential development that stretches from over the state border in Tyngsborough, Massachusetts, to Exit 3 of the Everett Turnpike, just south of Rivier College.
The rise of South Nashua spurred by Pheasant Lane Mall has elevated Nashua's municipal identity beyond gateway to New Hampshire, and helped create its current status as part of the Greater Boston economic area, and a hub for surrounding bedroom communities.
The nature of building on a border between a state with no sales tax (New Hampshire) and a state with one (Massachusetts) was shown in the changing plans and problems. Originally, the mall was to straddle the border, with retail on the no-sales-tax side. Restaurants were to be on the opposite end, since Massachusetts has a lower meals tax. However, the government of Massachusetts declared all customers, in all stores, would have to pay sales tax to Massachusetts. Therefore, the mall was redesigned so that all stores and restaurants were on the New Hampshire side of the border.
However, the site lines had been drawn up incorrectly, placing one corner of the JCPenney building in Massachusetts. Consequently, the corner of JCPenney was cut off and re-bricked into its current pentagonal shape.
Former anchors were Jordan Marsh and Lechmere. The Jordan Marsh location was occupied in spring 1996 by Macy's, which then moved in early 2006 into the space formerly taken by Filene's. The original Jordan Marsh location in the mall is now occupied by Dick's Sporting Goods and restaurants Burtons Grill and Red Robin. Lechmere closed in fall 1997 and was rebuilt into the Target store in fall 1999.
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