Cafaro has been bringing high-quality retail development to American communities for 70 years. We recognize the evolving needs and desires of each marketplace and respond by creating centers that become destinations for shopping, dining and entertainment.
This was the vision of our founders, William M. Cafaro and his brother, John. They started out by developing properties for grocers. In 1949 they founded the company that built scores of retail centers throughout the country. Today, the Cafaro portfolio encompasses more than 50 properties and has developed over 30 million square feet of space in 14 states.
A third generation of the Cafaro family is now guiding the company. Co-Presidents William A. Cafaro and Anthony Cafaro, Jr. bring their unique talents and vision to this dynamic organization. At the same time, they maintain the values of stability and integrity they faithfully learned from their father and grandfather.
Cafaro ... from the beginning
The Early Years
William M. Cafaro and his brother John begin running the Ritz Bar in Youngstown, OH.
The Cafaro company is born, as the Company builds its first shopping center, in Sharon, PA. The development, management and leasing for non-grocery tenants becomes their core business.
American Mall in Lima, OH becomes the company’s first enclosed mall.
Cafaro’s first mall outside of Ohio, Fort Saginaw Mall, is built in Michigan. Other malls quickly follow.
William Cafaro’s son, Anthony M. Cafaro, Sr., joins the company full-time. As a pioneer and industry leader, Cafaro builds over 20 million square feet of commercial real estate during the 1970’s and 1980’s.
The Cafaro brothers start developing grocery stores for the Kroger Co.
The company headquarters building was built on Belmont Avenue in Youngstown.
The Eastwood Mall opens. This is its Center Court.
The state of Iowa gets its first mall, with the opening of Kennedy Mall in Dubuque.
The Modern Years
Target Corporation asks Cafaro to develop shopping centers in the Pacific Northwest. Cafaro opens a west coast office in Washington state.
Cafaro begins a major renovation and expansion of Spotsylvania Mall in Fredericksburg, VA. In a collaborative effort with the community, local government officials and engineers, the facility undergoes a metamorphosis to become Spotsylvania Town Centre. The redevelopment later includes an open-air lifestyle center, the first of its kind for Cafaro.
Cafaro introduces an adjacent sports entertainment facility to the Eastwood Mall Complex in Niles, OH. Eastwood Field is a 6,400-seat baseball stadium for the Mahoning Valley Scrappers, a Minor League Baseball affiliate of the Cleveland Indians.
Cafaro completes a multi-million dollar renovation of Eastwood Mall, which includes the addition of an aquarium inside the enclosed mall.
A third generation of the Cafaro family formally takes control of the company. William A. Cafaro and Anthony Cafaro, Jr. share leadership responsibilities as Co-Presidents.
Eastwood Mall celebrates its 50th Anniversary by hosting a Gala Celebration attended by thousands of guests.
Kennedy Mall celebrates its 50th Anniversary.
The Cafaro Corporate Headquarters moves to a new, state-of-the-art facility in Niles, Ohio, adjacent to the Eastwood Mall
The Eastwood Event Centre opens for business. The 30,000 square foot facility incorporated into the Eastwood Mall is designed to host major social and business events.
Cafaro diversifies its portfolio by developing residential properties. Ground is broken for Attain at Spotsylvania Towne Centre and The Villas at Sandy Creek (Sandusky, Ohio).