In 2016, a man was arrested for selling methamphetamine at the mall. The food court was renovated again in 2004. General Growth had managed the property for several years prior. Both Lazarus stores were converted to Lazarus-Macy's in 2003, then to just Macy's in 2005. In 2003, the mall was acquired by General Growth Properties in partnership with the Teachers' Retirement System of the State of Illinois. During the 1990s, the mall underwent an $8 million renovation, including the addition of 64 new tenants. Hess's closed in 1993, and one year later, Lazarus moved its home goods into the former Hess's space. Also in the mid-1980s, the food court was renovated. Ayres in 1983, which in turn sold its store to Hess's 5 years later. The Shillito's chain was merged with Rike's and all former Shillito's and Rike's stores briefly carried the dual branding of Shillito-Rike's from 1982 until 1986, when the chain was merged into Lazarus. While JCPenney and Sears remained the same throughout the mall's history, the other two anchor stores changed as chains were acquired and merged. At the time of opening, the mall had 87 stores. The mall's opening led to the development of several retail stores in Florence, and as a result, the city became a retail hub for northern Kentucky. Two more anchors, Shillito's and JCPenney, were added in 19, respectively. Sears also served as one of the anchor stores, opening on March 10, 1976. The mall itself opened 6 months later, with Pogue's serving as the second anchor. The two-story mall was constructed by Homart Development Company, a former real estate division of Sears, Roebuck and Company.
The Florence Mall opened in 1976 on a site along Interstate 75 just south of Kentucky Route 18.
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