 It also boasts Alaska's only Victoria's Secret, Apple Store, Coach, Banana Republic, Sephora, Lululemon and Michael Kors locations, The website describes it as a “distinctive, five level shopping center surrounded by the buzz of Anchorage’s downtown core.” There was also a Nordstrom as a second anchor store until it closed in September 2019.The mall is owned by Northwestern Simon Inc. and is administered by the Simon Property Group.The mall opened in 1987, covering a city block previously occupied mostly by small, two-story commercial buildings and parking lots.