 When Dillard's eventually closed its store and sold its property to the mall's owners (Oaktree Capital Management) in 2007 following years of declining sales, drastic plans for redevelopment were announced.Bellevue Center officially closed on May 31, 2008, when the last of its non-anchor tenants moved out.Since-abandoned redevelopment plans included converting the former Dillard's building into a branch of the Metro Nashville Public Library (bottom floor) and Kohl's department store (top level).