X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PEARLAND, TX-The proposed 1.2-million sf mixed-use Pearland Town Center is ready to break ground within the next six months, thanks to a closing on a final land parcel. The 147-acre site on which the lifestyle center development will be built took some time to assemble, but representatives with developer CBL & Associates Properties Inc. indicate everything is in place for a Q1 2007 groundbreaking and a fall 2008 grand opening.

While financial information on the project at FM 518 and Texas 288 could not be obtained, a spokeswoman for the Chattanooga, TN developer tells GlobeSt.com that interest has been steady for the 750,000-sf retail component. “Preleasing has been going very well, and there’s been strong interest from retailers out there,” she comments. “We expect this to be one of the better projects we put together in terms of leasing.”

Major tenants currently committed to the project include anchors Dillard’s Inc. and Macy’s, as well as Barnes & Noble Inc. Other retailers and restaurants include Chico’s, White House/Black Market, Ann Taylor LOFT, Coldwater Creek Inc., 346 Brooks Brothers, Paiva, Eddie Bauer Inc., Victoria’s Secret Stores Inc., American Eagle Outfitters Inc., Aeropostale Inc., Buckle Inc., Finish Line Inc., Forever 21 Inc., Hollister Inc., Pacific Sunwear of California Inc. and Bath & Body Works Inc.

Additional center components will include 300,000 sf of specialty stores and restaurants, 300 residential units, 50,000 sf of office space and a 110-room Courtyard by Marriott. The spokeswoman says CBL & Associates has not determined where the mixed-use portion will be outsourced. Omniplan of Dallas is the architect for the project.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.