University Place Announces Dillard’s as Newest Anchor Store

  • Construction on Dillard’s is Scheduled to Begin This Spring, with an Expected Opening Date of Spring 2021
  • Additionally, University Place Will Also Begin Construction on a New Parking Structure and Class A Office Building

OREM, Utah (January 15, 2020) – University Place, a 120-acre mixed-use development project, today announced that it will be partnering with Dillard’s, who will become the newest anchor store at University Place.

Dillard’s, which ranks among the nation’s largest fashion retailers, offers a broad selection of merchandise and features products from both national and exclusive brand sources. Dillard’s will be located on the west side of the shops at University Place facing State Street, in the former Macy’s building location. Demolition of the Macy’s building is underway, followed by construction of the new building, with an expected store opening in the Spring of 2021.

Dillard’s Senior Vice President Chris Johnson stated, “We are pleased to join the exciting transformation of University Place with a brand new Dillard’s location.  We have enjoyed serving our Utah customers for over 25 years, and we look forward to elevating our efforts with a beautiful new store in Orem.”

The addition of Dillard’s is part of the next phase in University Place’s ongoing redevelopment into a regional mixed-use center. Other developments that will also begin construction include a new parking structure and a Class-A office building with approximately 90,000 square feet of office space.  The new office building will crown an nine-story structure with the bottom five levels consisting of structured parking and a lobby, and the top four levels planned for offices boasting 360-degree unobstructed views of Utah Valley.

“With this newest phase of redevelopment, we are excited to replace the nearly 50-year-old structure that was originally built for ZCMI with a brand-new Dillard’s,” said Randy Woodbury, CEO and president of Woodbury Corporation. “In addition to adding another Class A office building and an expanded parking structure, which will help fill a real need in the community.”


About University Place
Opening in the early 1970s in Orem, Utah, University Place (formerly University Mall) is a 120-acre development in the midst of a $500 million revitalization project. In addition to first class retail offerings, University Place is now home to upscale residential, Class-A office and high-quality green space. University Place was first developed and is still owned and operated by Woodbury Corporation, a 100 year old, 4th generation family-run business, and one of the oldest and most respected full-service real estate development and management companies in the Intermountain West. For more information about University Place and updates on the project, visit For more information about Woodbury Corporation, visit

Press Contact:
Amanda Butterfield