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Palais Royal closed in 2020 when its parent company ] filed for bankruptcy.<ref>{{cite web|url=https://www.washingtonpost.com/business/2020/05/11/stage-stores-bankruptcy-liquidation/ |title=Stage Stores, which runs Palais Royal, Bealls and Goody's, files for bankruptcy |publisher=The Washington Post |date=2020-05-11 |access-date=2022-06-05}}</ref> Palais Royal closed in 2020 when its parent company ] filed for bankruptcy.<ref>{{cite web|url=https://www.washingtonpost.com/business/2020/05/11/stage-stores-bankruptcy-liquidation/ |title=Stage Stores, which runs Palais Royal, Bealls and Goody's, files for bankruptcy |publisher=The Washington Post |date=2020-05-11 |access-date=2022-06-05}}</ref>


On November 9, 2020, it was announced that Sears would close on January 24, 2021, as part of a plan to close seven Sears stores nationwide, leaving the mall with no anchor stores.<ref>{{cite web|url=https://patch.com/connecticut/manchester/liquidation-sale-commences-doomed-manchester-sears|title = Liquidation Sale Commences at Doomed Manchester Sears|date = November 13, 2020}}</ref> It was revealed afterward the store would be converted and reopened as the smaller-format Sears Hometown store.<ref>{{cite web|url= https://houstonhistoricretail.com/2021/11/05/sears-marcoplaza-mall-location-reopens-as-a-hometown-store|title = Sears Marcoplaza Mall Location Reopens As A Hometown Store|date = November 5, 2021}}</ref>, but closed in May 2022.<ref>https://houstonhistoricretail.com/2022/05/25/the-final-chapter-of-sears-in-pasadena-as-hometown-store-in-pasadena-town-square-mall-prepares-to-close//ref> On November 9, 2020, it was announced that Sears would close on January 24, 2021, as part of a plan to close seven Sears stores nationwide, leaving the mall with no anchor stores.<ref>{{cite web|url=https://patch.com/connecticut/manchester/liquidation-sale-commences-doomed-manchester-sears|title = Liquidation Sale Commences at Doomed Manchester Sears|date = November 13, 2020}}</ref> It was revealed afterward the store would be converted and reopened as the smaller-format Sears Hometown store.<ref>{{cite web|url= https://houstonhistoricretail.com/2021/11/05/sears-marcoplaza-mall-location-reopens-as-a-hometown-store|title = Sears Marcoplaza Mall Location Reopens As A Hometown Store|date = November 5, 2021}}</ref>, but closed in May 2022.<ref>https://houstonhistoricretail.com/2022/05/25/the-final-chapter-of-sears-in-pasadena-as-hometown-store-in-pasadena-town-square-mall-prepares-to-close/</ref>


==Former anchors== ==Former anchors==

Revision as of 12:54, 5 August 2023

Shopping mall in Texas, United States
Macroplaza Mall
LocationPasadena, Texas, United States
Coordinates29°41′40″N 95°11′58″W / 29.6945675°N 95.1994003°W / 29.6945675; -95.1994003
Address171 Pasadena Town Square
Opening date1982 (42 years ago) (1982)
DeveloperFederated Department Stores Realty
No. of stores and services46
No. of anchor tenants4 (all vacant)
Total retail floor area335,840 square feet (31,201 m)
No. of floors1 (2 in former Dillard's, former Macy's, and Sears)

Macroplaza Mall, formerly Pasadena Town Square Mall and Plaza Paseo Mall, is a regional shopping mall in Pasadena, Texas, southeast of Houston. Developed by Federated Department Stores Realty and attached to an existing Foley's Department store, it opened March 1982 and originally featured Joske's, Foley's, and Palais Royal as its anchor stores. At the time it was built, its location was unusual as it was one of only a few malls in the Houston area not near a highway. Joske's was rebranded as Dillard's in 1987 following the purchase of the Joske's chain. Sears was added as the fourth anchor in 1997 in an effort to increase traffic and allow the mall to be seen as a larger regional mall. There are 3 vacant anchor stores that were once Dillard's, Sears (converted to Sears Hometown), Macy's, and Palais Royal.

A little more than a year after opening, mall developer Federated Department Stores Realty sold the mall, and three others, to mall manager JMB Realty Corporation for $112 millionl. In 2002, the mall was purchased from American General by a local developer. Foley's converted to Macy's in 2006, the same year Dillard's closed. Macy's closed on March 27, 2017.

In 2015 the mall was purchased by Guardian Equity, which planned to remodel the common spaces. In 2016 it was renamed Plaza Paseo Mall.

In mid-2018, its name was again changed to Macroplaza Mall, to allude to it being a gathering place like the plaza of the same name to the south in Monterrey, Mexico, and to emphasize a new focus on the area's Mexican American community.

Palais Royal closed in 2020 when its parent company Stage Stores filed for bankruptcy.

On November 9, 2020, it was announced that Sears would close on January 24, 2021, as part of a plan to close seven Sears stores nationwide, leaving the mall with no anchor stores. It was revealed afterward the store would be converted and reopened as the smaller-format Sears Hometown store., but closed in May 2022.

Former anchors

  • Macy's (Opened as Foley's in 1962, converted to Macy's in 2006, closed in 2017)
  • Dillard's (Opened as Joske's in 1982, converted to Dillard's in 1987, closed in 2006)
  • Palais Royal (Opened in 1982, closed in 2020)
  • Sears (Opened in 1997, closed in 2021, reopened, and closed, shortly afterward as a Sears Hometown store)

References

  1. ^ "8 Oct 1983, 50 - Fort Worth Star-Telegram at". Newspapers.com. October 8, 1983. Retrieved June 5, 2022.
  2. Buildings. Vol. 75. Stamats Publishing Company. 1981. ISSN 0007-3725. Retrieved October 18, 2014.
  3. "Pasadena Town Square Pasadena, TX— MallHistory.com". Retrieved May 31, 2017.
  4. "Controlled Retail Growth Stabilizes Southwest—NREIOnline.com". November 1997. Retrieved August 13, 2017.
  5. "User account".
  6. "Group Has Deal for Pasadena, Texas, Mall. - Knight Ridder/Tribune Business News | HighBeam Research". highbeam.com. Archived from the original on April 15, 2016. Retrieved October 18, 2014.
  7. "Federated to close Galleria Macy's store, convert area Foley's stores to Macy's - Houston Business Journal". bizjournals.com. Retrieved October 18, 2014.
  8. "Weitzman to market Dillard's property - Houston Chronicle". chron.com. May 18, 2009. Retrieved October 18, 2014.
  9. "Pasadena Town Square gets new Owner and Facelift". Houston Chronicle. September 14, 2015.
  10. "Plans Underway for new Pasadena Court Building". Houston Chronicle. January 10, 2018.
  11. "Armed Robbers Snatch Elderly Couples Purse and Wallet at Pasadena Mall". CW39.com News. November 2016.
  12. "Stage Stores, which runs Palais Royal, Bealls and Goody's, files for bankruptcy". The Washington Post. May 11, 2020. Retrieved June 5, 2022.
  13. "Liquidation Sale Commences at Doomed Manchester Sears". November 13, 2020.
  14. "Sears Marcoplaza Mall Location Reopens As A Hometown Store". November 5, 2021.
  15. https://houstonhistoricretail.com/2022/05/25/the-final-chapter-of-sears-in-pasadena-as-hometown-store-in-pasadena-town-square-mall-prepares-to-close/

External links

Pasadena, Texas
Areas
Safety
Education
Primary and
secondary schools
Colleges and universities
Landmarks
This list is incomplete.
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Southeast Houston
and Galveston County
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Enclosed local malls
Almeda
Macroplaza Mall (Pasadena)
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Gulfgate Center
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