In May 2010, Sears announced that its store at Greenspoint Mall would close. Penney's in May 2010, a movie theater was built on the anchor pad, with a connection into the mall, through one of the former Penney's wings. Īfter the destruction of the abandoned J.C. Īfter several years of nothing happening, GlennLock Sports Bar & Grill announced it would sign a lease for the first phase of the Renaissance at Greenspoint. LLC, owned by the Yari family, put the mall and several other Greater Houston malls for sale the company allowed a buyer to either buy an individual property, or buy all of them at once. In November 2006, six months after the renovation was announced, Triyar Cos. In 2006, the management of Greenspoint Mall announced a $32 million project to refurbish the 30-year-old mall into an hybridized open-air/enclosed shopping center, entailing the demolition of the vacant anchor stores for new outdoor amenities. As part of the redevelopment, the owners bought the closed Mervyn's and JCPenney locations in 2000. Office and convention center space, as well as a flea market were all being considered. The mall became a part of a redevelopment project that same year. Yari sought to attract a multiscreen movie theater. Los Angeles developer Bob Yari of Day Properties would eventually purchase the 1,700,000-square-foot (160,000 m 2) mall from Prudential Real Estate Investments Separate Account, a pension fund investment group organized by Prudential Insurance Company of America. ĭallas-based Archon was near a deal to purchase the mall in 1998, though a Los Angeles developer would unravel the deal when it entered negotiations to purchase the mall instead. Mervyn’s closed abruptly on Januas part of the company’s plan to close 10 underperforming stores. In February 1989 Greenspoint Mall was 94% occupied, making it the mall with the fourth highest percentage of occupied space in the Houston area. Revolving around a "Central Park" theme, complete with a sculpture court, Greenspoint was at one point the largest mall in Greater Houston before the Galleria's later expansions in the 1980s and 2000s. The mall eventually expanded by the late 1970s to include Joske's, JCPenney, Montgomery Ward and Lord & Taylor. Greenspoint Mall opened in July 1976, anchored by Sears and Houston-based Foley's, the latter of which was owned at the time by Federated Department Stores who developed the mall. In 2000, the mall was among the largest five Houston-area retail developments based on net rentable area. There are 6 vacant anchor pads on the site that were once occupied by Macy's, Foley's, Palais Royal, Dillard's, Sears, Premiere Cinemas, JCPenney, Lord & Taylor, Mervyn's, and Montgomery Ward. The only remaining anchor is Fitness Connection, which occupies half of the former Lord & Taylor/ Mervyn's store on the west side of the mall. Greenspoint Mall is a shopping mall located in the Greenspoint neighborhood of Houston, Texas, at the northeast corner of Interstate 45 and Beltway 8 (also known as the Sam Houston Parkway/Tollway). Originally owned & operated by Foley's (1976-2006) The now vacant Macy's on the northwest side of the property closed in 2017.
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