[1] It features 110 retail spaces,[2] and six anchor stores, Dunham's Sports, Bob's Discount Furniture, Planet Fitness, Ross Dress For Less, Party City, and Joann.

This will be followed by redeveloping more of the mall and parking lot for a hotel, apartment complex, gas station, and car wash. Regency Mall was built on an eighty-acre site on the northeast corner of Durand Avenue and South Green Bay Road.

The area was formerly home to an institutional farm for the Racine County Insane Asylum, which was located to the north.

A Sears filled the fourth space March 1, 1982, making it the chain's third location in Racine since its downtown store had opened in 1929.

[13][14] Burlington Coat Factory became the tenant after Steve and Barry's moved to a smaller space in 2008.

[15] Aimed at middle-income customers and being the only enclosed mall in Racine County, Regency had sales of over $100 million in 2004.

[17] After Linens 'n Things closed, the space was repurposed for Flooring Supercenter, and later an hhgregg electronics store in 2012.

[19] Steve & Barry's second location was built with a similar technique in the northwest part of the mall.

[31] In 2024, Regency Mall began major renovations at an estimated cost of $120 million dollars.