Pearland Town Center

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Pearland Town Center
Pearland Town Center.jpg
Location Pearland, Texas
Opening date July 30, 2008
Owner CBL & Associates and TIAA-CREF
No. of stores and services 90
No. of anchor tenants 4
Total retail floor area 1,100,000 sq ft (100,000 m2).
No. of floors 1
Parking 3,546 spaces
Website Pearland Town Center

Pearland Town Center is a "lifestyle center" concept regional shopping mall located in the rapidly growing city of Pearland, Texas south of Houston.[1] Managed by CBL & Associates, the center was completed in 2008 and includes three anchor stores with room for an additional anchor store. In May 2011, it was announced that TIAA-CREF would receive 12% ownership of Pearland Town Center in an attempt to reduce CBL's debt.[2]

About the center[edit]

Pearland Town Center houses four anchor stores: Sports Authority, Barnes and Noble, Dillard's, and Macy's,. Designed by the Omniplan architectural firm, the center is home to several restaurants and retail stores that are new to the Pearland area.[3] The center provides retail, residential, office and hotel space within the 1,100,000-square-foot (100,000 m2) open-air lifestyle center.[4] A 110-room, four-story Courtyard by Marriott hotel is located above the center's retail shops near Macy's. Pearland Town Center includes office and multi-family residential space above the stores, a 25-acre (100,000 m2) lake and adjacent walking paths and parks.[5] Pearland Town Center is one of two malls to open in the Houston area in 2008, along with Houston Premium Outlets in March 2008 which is located in Cypress, Texas, and both utilize the "lifestyle center/outdoor mall" concept. The center contains the most recently constructed Dillard's and Macy's locations in Southeast Texas, since 2003.

Pearland Town Center houses 80 fashion retailers and specialty boutiques. It is estimated that Pearland Town Center will bring 1,500 jobs to the Pearland area and will generate $250 million in sales each year.[6] The Macy’s store in Pearland Town Center is the first to be constructed in Houston after the integration of Foley’s with Macy’s and is the 17th location in the Houston area.[7]

Pearland Town Center set a new standard in the shopping center industry by opening with 85% leased and committed (many unoccupied spaces). The level of leasing demonstrates the rapid growth of the Pearland market.[8][9]

Anchors[edit]

  • Barnes and Noble
  • Dillard's
  • Macy's
  • Sports Authority

Restaurants[edit]

  • Red Robin
  • BJ's Restaurant and Brewhouse
  • Red Lobster
  • Pei Wei
  • Fish City Grill
  • Gringo’s Mexican Kitchen
  • Burger King
  • Dairy Queen
  • Popeyes
  • Stadia Sports Grill
  • Mongo
  • Mimi's Cafe
  • Freebirds

See also[edit]

References[edit]

  1. ^ "America's Fastest-Growing Suburbs - Forbes.com". 2007-07-16. Archived from the original on 2012-05-24. Retrieved 2008-12-31. 
  2. ^ Bryant, Tim (May 11, 2011). "West County Center is part of big mall deal". St. Louis Post-Dispatch (STLtoday.com). Retrieved May 14, 2011. 
  3. ^ "Omniplan - Pearland Town Center". Retrieved 2008-12-30. 
  4. ^ "Pearland Town Center Fact Sheet". Retrieved 2008-12-30. [dead link]
  5. ^ "News Release". Retrieved 2008-12-30. 
  6. ^ "Pearland Town Center set to open, bringing new jobs and economy boosting benefits - 7/25/08 - Houston News - abc13.com". Retrieved 2008-12-30. 
  7. ^ "Macy's Announces Plans for Pearland Town Center". Retrieved 2008-12-30. [dead link]
  8. ^ "CBL News Release". Retrieved 2008-12-30. 
  9. ^ "Reuters: CBL & Associates Properties Celebrates Grand Opening of Pearland Town Center in Houston...". Reuters. 2008-07-30. Retrieved 2008-12-30. 

External links[edit]