Macroplaza Mall Explained

Macroplaza Mall
Location:Pasadena, Texas, United States
Address:1101 Southmore Avenue[1]
Opening Date:March 4, 1982[2]
Developer:Federated Department Stores Realty
Owner:2015 Shopping Mall Business LLC[3]
Number Of Stores:Mostly vacant
Number Of Anchors:4 (all vacant)
Floor Area:335840square feet
Floors:1 (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 [4] and attached to an existing Foley's Department store, it opened March 1982. The mall originally featured Joske's, Foley's, and Palais Royal (Houston-based department store) as its anchor stores.[5] 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.[6] 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.[7] [8] All four Anchor Stores Dillard's, Sears, Macy's, and Palais Royal (department store) currently sit vacant.

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 million.[4] In 2002, the mall was purchased from American General by a local developer.[9] Foley's converted to Macy's in 2006,[10] the same year Dillard's closed.[11] Macy's closed on March 27, 2017.

In 2015 the mall was purchased by Guardian Equity, which planned to remodel the common spaces.[12] In 2016 it was renamed Plaza Paseo Mall.[13] [14]

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.[15]

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.[16] It was revealed afterward the store would be converted and reopened as the smaller-format Sears Hometown store,[17] but closed in May 2022.[18]

The Mall's official social media pages are not active as of 2023.

Former anchors

Notes and References

  1. https://public.hcad.org/records/Ownership.asp?crypt=%94%9A%B0%94%BFg%84%91%80zkh%8El%8CtXt%5DW%9E%99%A2%D3%89%95%C2e%7CU%8B%7F
  2. https://infoweb.newsbank.com/apps/news/openurl?ctx_ver=z39.88-2004&rft_id=info%3Asid/infoweb.newsbank.com&svc_dat=AMNEWS&req_dat=0D1C2A34C3EF45E0&rft_val_format=info%3Aofi/fmt%3Akev%3Amtx%3Actx&rft_dat=document_id%3Aimage%252Fv2%253A14DB39C1C40322B4%2540EANX-NB-164420A739ECC5D6%25402445025-16432F032197D221%254059-16432F032197D221%2540/hlterms%3A%2522pasadena%2520town%2520square%2522
  3. https://public.hcad.org/records/Ownership.asp?crypt=%94%9A%B0%94%BFg%84%91%80zkh%8El%8CtXt%5DW%9E%99%A2%D3%89%95%C2e%7CU%8B%7F
  4. Web site: 8 Oct 1983, 50 - Fort Worth Star-Telegram at . Newspapers.com . 1983-10-08 . 2022-06-05.
  5. Book: Buildings. 1981. 75. Stamats Publishing Company. 0007-3725. 2014-10-18.
  6. Web site: Pasadena Town Square Pasadena, TX— MallHistory.com. 31 May 2017.
  7. Web site: Controlled Retail Growth Stabilizes Southwest—NREIOnline.com. November 1997. 2017-08-13.
  8. Web site: User account.
  9. Web site: Group Has Deal for Pasadena, Texas, Mall. - Knight Ridder/Tribune Business News | HighBeam Research. https://web.archive.org/web/20160415215835/https://www.highbeam.com/doc/1G1-92279364.html. dead. 2016-04-15. highbeam.com. 2014-10-18.
  10. Web site: Federated to close Galleria Macy's store, convert area Foley's stores to Macy's - Houston Business Journal. bizjournals.com. 2014-10-18.
  11. Web site: Weitzman to market Dillard's property - Houston Chronicle. May 18, 2009. chron.com. 2014-10-18.
  12. Web site: Pasadena Town Square gets new Owner and Facelift. September 14, 2015. Houston Chronicle.
  13. Web site: Plans Underway for new Pasadena Court Building. January 10, 2018. Houston Chronicle.
  14. Web site: Armed Robbers Snatch Elderly Couples Purse and Wallet at Pasadena Mall. November 2016. CW39.com News.
  15. Web site: Stage Stores, which runs Palais Royal, Bealls and Goody's, files for bankruptcy . The Washington Post . 2020-05-11 . 2022-06-05.
  16. Web site: Liquidation Sale Commences at Doomed Manchester Sears. November 13, 2020.
  17. Web site: Sears Marcoplaza Mall Location Reopens As A Hometown Store. November 5, 2021.
  18. https://houstonhistoricretail.com/2022/05/25/the-final-chapter-of-sears-in-pasadena-as-hometown-store-in-pasadena-town-square-mall-prepares-to-close/