03/14/2021
Silver City Galleria opened on March 1, 1992. When Silver City first opened, it was seemingly situated in the middle of nowhere; the surrounding area was a forest, with little to no other developments. However, its strategic location at the intersection of Routes 24 and 140 and its close distance to the I-495 allowed Silver City to draw traffic from towns and cities in all directions, including Boston and Providence.
In 2002, Silver City Galleria was purchased in a joint venture between General Growth Properties and the Teachers' Retirement System of the State of Illinois in a $634 million deal that involved three other malls.
In May 2019, the mall was foreclosed on by the Branch Banking and Trust Company due to an unpaid mortgage loan. On May 17, 2019, the Silver City Galleria was sold for $7.5 million at an auction. On June 19, 2019, Thibeault Developments, the new owners, said that the mall's former owners and management would continue to manage the mall during their ownership. They also said that they would announce redevelopment plans in the near future. On October 17, 2019, it was announced that Bristol Community College would be leaving Silver City in 2020.
On February 4, 2020, the mall abruptly gave notices of termination to six tenants; the only remaining tenants at that point were on the mall's west side or rear. The mall's main entrance was also closed at this time, with signs directing shoppers to the entrance near Regal Cinemas. The mall closed for good on February 29, 2020.
Regal Cinemas shut down in 2020 as part of a temporary closure of all Regal theaters due to the COVID-19 pandemic. On December 11, 2020, it was announced that Round One Entertainment would be closing in January 2021. Dick's Sporting Goods closed in early January 2021. On January 21, 2021, it was announced that Silver City Galleria would be demolished in February 2021, with one investor saying that it was too expensive to operate.