BREAKING NEWS

DC Partners Adds Kimpton Hotel to Fredericksburg Project

RNR Real Estate Briefs – Texas & more

Houston Design District Adds Modern Apartments

Green Builder: AI, Sustainability are the Future, Beazer CEO Says

Walmart’s ‘Store of The Future’ Prototype Opens in Houston

Toll Brothers debuts 55 and up community in Houston

REALTY NEWS REPORT - Logo

Downtown Houston
RNR-RalphBivinsProject-Interviews
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact
FacebookLinkedinYoutubeEmail
REALTY NEWS REPORT - Logo

Major Expansion at Houston’s Galleria

by Realty News ReportSeptember 5, 2013
Share0

HOUSTON – Simon Property Group is reportedly planning a major redevelopment of The Galleria in Houston, which will include a 200,000 sf Saks Fifth Avenue store, a 300-unit high-rise residential tower and a high-end luxury boutique. The Galleria III wing of the mall will be torn down to make way for new Saks construction, David Contis, president of Simon Malls told the Houston Chronicle.

The 2.4 million sf Galleria which has 400 stores and restaurants, two Westin hotels and three office towers, was developed by master developer Gerald Hines over 40 years ago.

The Galleria has exceptional retail sales over $1.25 billion annually, Contis told the Chronicle’s David Kaplan, a veteran retail journalist.

Macy’s which has had two stores in the Galleria since Macy’s bought the Foley’s chain in 2005, will close one of its Galleria stores. The existing Saks space will be converted into 35 smaller stores, Simon said.

Simon currently owns or has an interest in 326 retail real estate properties in North America and Asia comprising 241 million sf. Simon is headquartered in Indianapolis, Ind.

Share0
previous post
Midway Starts New Mixed-Use Project in Houston’s Inner Loop
next post
Cousins Buys $1.1 Billion of Texas Properties: Greenway Plaza and Ft. Worth Tower

Related posts

RNR Real Estate Briefs – Texas & more

Realty News ReportMay 17, 2025

Walmart’s ‘Store of The Future’ Prototype Opens in Houston

Realty News ReportMay 11, 2025

Underpassage: The New Experiential Entry Portal Into Downtown

Realty News ReportMay 3, 2025May 5, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Search News

CommGate
new version
ECD-RealtyNewsReport-Ad-300x250
Partners Ad
CBRE Ad
Arch Con Corporation Ad
Hines Ad
Avera Ad
RNR Ad 030124
Ziegler Cooper Ad
Lee & Associates Ad
2021 Realty News Report Ad
RNR - Lincoln Property Company
Hal Gordon - Property Tax Lawyer
Hunington Ad
230725-RNR_Digital-Ad_Red
Hunington Ad

Let's Connect

logo
About US
Author Ralph Bivins is editor of Realty News Report, which covers regional and national news. Bivins recently received the Gold Award for Best Column in the National Association of Real Estate Editors Journalism Competition. Contact us
Follow us
FacebookLinkedinYoutubeEmail
@2022 All Right Reserved. Powered by CGS Digital Marketing
REALTY NEWS REPORT - Logo
FacebookLinkedinYoutubeEmail
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact