After 31 years in business, Sears at Hamilton Place Mall will close its doors for good.

But there's a lot of new in the new year coming to the mall starting with construction on a Dave and Buster's location set to take the place of that Sears.

"We've been planning for this redevelopment for a very long time," said CBL Properties Spokeswoman Stacey Keating.

The mall's management company, CBL Properties, announced the retail store's closing in November, but not without a replacement that's sure to draw a large crowd.  

Keating says adding the new D&B is a first step in 2019 to changing the feel of Hamilton Place from a shopping center to an entertainment experience.

"We're adding a Dave and Busters on the upper level, we'll have a Junior Anchor Store on the lower level, and then you know we've added the Cheesecake Factory, which is doing really well," she told Channel 3. "This is going to be a huge transformation for Hamilton Place and for this entire area. It's going to bring new entertainment, additional dining besides the Cheesecake factory, offices a hotel and it's jut going to be really exciting," she continued.

Construction on a 145-room boutique style hotel, class A office space and several new restaurants is also expected to be underway in 2019. It's all a part of CBL's plan to give Hamilton Place a new and competitive family friendly edge.  

"This is a great opportunity for us to bring in some new uses, some entertainment, some additional retail and then some mixed-use components like the office and the hotel," she explained.

Their goal is to shy away from a traditional heavy presence of retail stores.

"That's actually a trend we're seeing in the industry is the addition of more entertainment and dining  as part of mall redevelopment. Consumer preferences  have really changed over the last several years," Keating added.

Construction is expected to begin this Spring and be complete by 2020.

Keating says Sears is having a major blow out sale to get rid of as much retail as possible, with anywhere from 80% to 90% off remaining items.

If you're a shopper, you have until Sunday to get in on the deals.