Arlington's first enclosed shopping center, it was named after the nearby Six Flags Over Texas theme park.

[5][6] The site was rebuilt as industrial space to accommodate suppliers to the GM auto assembly plant.

"Buck" Harris purchased the former JCPenney anchor store and announced plans to redevelop it into a Hispanic-oriented shopping center named Plaza Central.

[15] He revealed plans to bring new tenants into the mall and return it to profitability over the following two years then donate the property to Youth With A Mission, a Christian outreach organization.

Demolition began in 2016; the mall was completely demolished by mid-year 2017, around which time the city announced that the property would become an automobile parts supplier park to serve the nearby GM Arlington Assembly plant.