Greenspoint Mall
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| Greenspoint Mall | |
| Mall facts and statistics | |
|---|---|
| Location | Houston, Texas, USA |
| Opening date | 1976 |
| Management | Triyar Cannon Group |
| Owner | Triyar Cannon Group |
| No. of stores and services | 140+ |
| No. of anchor tenants | 3 |
| Total retail floor area | 1,700,000 ft² |
| No. of floors | 1 |
| Website | www.greenspointmall.com |
Greenspoint Mall is a shopping mall located in Greenspoint, Houston, Texas, at the northeast corner of Interstate 45 and Beltway 8. It is anchored by retailers Dillard's, Macy's, and Sears. The mall is among the largest five Houston-area retail developments based on net rentable area.[1]
Contents |
[edit] History
Greenspoint Mall opened in 1976. Prudential Property Co. planned a $7 million renovation in 1988.[2]
Dallas-based Archon was near a deal to purchase the mall in 1998,[3] though a Los Angeles developer would unravel the deal when it entered negotiations to purchase the mall instead.[4] Los Angeles developer Bob Yari of Day Properties would eventually purchase the 1.7 million-square-foot mall from Prudential Real Estate Investments Separate Account, a pension fund investment group organized by Prudential Insurance Company of America. Yari sought to attract a mutliscreen movie theater.[5]
The mall became a part of a redevelopment project in 1998.[6][7] Office and convention center space, as well as a flea market were all being considered.[8] As part of the redevelopment, the owners bought the closed Mervyns and J.C. Penney locations in 2000.[9]
In 2006, the management of Greenspoint Mall announced a $32 million project to refurbish the 30-year-old mall into an open air shopping center with public plazas and outdoor amenities.[10][11]
[edit] Former anchors
Former anchors include Foley's (1976–2006, now Macy's), Lord & Taylor (1979–1989), Mervyns (1989–1998, operated in vacated Lord & Taylor space),[12][13][14] Montgomery Ward (closed 2001), Joske's (now Dillard's), and J.C. Penney (closed 1998).[15]
[edit] Anchors
- Dillard's (opened as Joske's, became Dillard's 1987)
- Macy's (opened 1976 as Foley's, became Macy's 2006) 305,165 sq. ft.
- Sears
- Vacant (opened 1979 as Lord & Taylor, closed 1989, became Mervyns 1989, closed 1998)
- Vacant (former J.C. Penney, closed 1998)
- Vacant (former Montgomery Ward, closed 2001)
[edit] References
- ^ Largest Area Shopping Centers And Malls Houston Business Journal, November 24, 2000.
- ^ $7 million renovation planned, Houston Chronicle, May 13, 1988.
- ^ Dallas firm buying Greenspoint Mall, Houston Business Journal, February 6, 1998.
- ^ Buyers compete for Greenspoint Mall, Houston Business Journal, April 10, 1998.
- ^ Greenspoint Mall sold to developer / Owner seeks theater, other changes, Houston Chronicle, August 15, 1998.
- ^ Greenspoint gets green light from city to create new TIF, Houston Business Journal, September 11, 1998
- ^ New hope resides in Greenspoint / an ambitious project attempts to rebuild blocks of apartments as well as a reputation, Houston Chronicle, November 1, 1998.
- ^ Greenspoint Mall eyes revival with office, convention space, Houston Business Journal, April 23, 1999.
- ^ Greenspoint buyer adds two stores, Houston Business Journal, June 2, 2000.
- ^ Greenspoint is dressing up / Mall will spend $32 million on new look, new features, Houston Chronicle, April 21, 2006.
- ^ Greenspoint Mall to get facelift / $32 million project made possible by partnership, Houston Chronicle, May 18, 2006.
- ^ Mervyn's to take over 2 Lord & Taylor stores, Houston Chronicle, February 8, 1989.
- ^ New Mervyn's to create 400 jobs, Houston Chronicle, September 6, 1989.
- ^ Mervyn's closing 2 stores in Houston , Houston Chronicle, January 17, 1998.
- ^ Houston Chronicle 100 / Houston's leading companies / Retail / Malls find they must evolve or face possible extinction, Houston Chronicle, May 17, 1998.
