 According to the plan, if Dillard's failed to acquire the Parisian store, it would instead build its own store adjacent to JCPenney, and the Parisian site would be sold to Jacobson's.Dillard's ultimately opened in the former Parisian building in 1996.Westfield Group acquired the mall in 2003 from then-owners Coyote Group, and renamed it Westfield Shoppingtown Sarasota Square.