[2] The third original anchor, Spainhour's, was a local department store also operational in downtown at the time.

[4] The mall officially opened for business on August 1, 1973, with Belk, Spainhour's, and Woolworth as anchor tenants.

[8] Stores that joined during this period included Endicott Johnson, GNC, Chick-fil-A, Pearle Vision Center, Lerner New York (now known as New York & Company), Record Bar, and Southern Bell Telephone Company; which opened in November 1980.

[8] Renovation work concluded with ceremonies on August 6, 1980 for the two anchor stores,[6] and October 15, 1980 for the interior tenants.

This was a response to the company making a wider move to close smaller stores and open larger ones.

Sears was the most highly requested store by mall patrons, according to manager Burr Collier.

[19] At the time, inline tenants of the mall included Blockbuster Music, Chick-fil-A, Dollar Tree, Footaction, GNC, and Kay-Bee Toys.

[28] Following their closure and failed attempts at redevelopment, Signal Hill Mall had only 11 stores remaining.

Among these were Belk, Saslow Jewelers, IHOP, Bath & Body Works, GNC, RadioShack, and FootAction.

The Iredell Free News reported that previous attempts at redevelopment had failed due to slow economic growth in the Statesville area; despite this, representatives of C&J Associates noted that industrial development in the area had increased in the intervening years, leading to the possibility of the mall being repurposed for non-retail use.

[31] The mall is occasionally used as space for community and recreational events by Statesville residents.