Find in the news:
BY COUNTRY

Simon Plans Whopping $1B Investment To Enhance Portfolio



The company plans to invest heavily in enhancing its portfolio over the next few years.

When you reach the top of the mountain, that’s no time to rest on your laurels. After a little bit of time to reflect and bask in the glow, it’s time to get back to work to insure others aren’t successful in knocking you off your perch. Sounds like Simon Property Group is crystal clear on that concept, as the company plans to invest heavily in enhancing its portfolio over the next few years. 

Over the course of the past five years, the industry leading company has invested $5 billion in some stunning development projects. The company is not slowing down just yet, as it has plans to invest another $1 billion this year - and another $1 billion in 2018 as it works towards enhancing its premier shopping, dining, entertainment and mixed-use destinations. 

"Our primary focus continues to be investments in our physical product to enhance our guests' experience," said David Simon, Chairman and Chief Executive Officer. "Nothing is more important to us." 

Houston Galleria

As part of the new round of investment, the comprehensive renovation of the famous Houston Galleria will come to a close this year in a big way. This fall, 35 new stores and restaurants will open in a space formerly occupied by a Saks Fifth Avenue. Among the retailers on tap to join the tenant roster are AG Adriano Goldschmied, Lacoste, Sam Edelman, Cuadra, Soap Secret, Trésor Rare, Ted Baker, and Robin's Jean. On the dining front, Nobu and Fig & Olive are among the new options that will tantalize guests palates. 

Also in Texas, Simon has teamed up with Cassco Development Co. for a luxury shopping, dining and entertainment destination known as The Shops at Clearfork, which is located just south of booming Fort Worth's downtown and arts district. This stunning development will be home to will be home to 100 luxury, home furnishing and specialty retailers, as well as a mix of 11 new local and national restaurants and entertainment options. 

Among the exciting entertainment options on tap is AMC Theatres and Pinstripes, an upscale restaurant and entertainment venue. The massive 30,000 square foot space will include 12 bowling lanes, six indoor and outdoor bocce courts, event space, and a focus on Italian and American cuisines along with a rotating menu of craft beers and handcrafted cocktails. That sounds like a spot that will pack the people in all by itself. 

These are just two of the exciting projects in the pipeline for Simon, a company that can never be accused of resting on its laurels.  

Related shopping malls and stores:

More about shopping malls in the USA



TODAY, USA:
The store is located in the Pearl District in Portland, Oregon.
YESTERDAY, Italy:
The official opening will take place on December 16.
DAY BEFORE YESTERDAY, Singapore:
Gucci Beauty has made the new flagship as technologically advanced as possible.
Dec 6, 2022:
Fawaz Alhokair Group has announced plans to launch its own e-marketplace in the first half of 2023.
Dec 5, 2022, Spain:
The retail space is located on Don Juan de Austria street in downtown.
Dec 5, 2022, USA:
The renovation will create an incredibly special harbor experience.
Friend
and Follow
Queens Place GLA:440 000 SF
ADDRESS: 88-01 Queens Boulevard Elmhurst, NY 11373
USA . New York
Queens Place
Hillcrest Mall GLA:585 758 SF
ADDRESS: 9350 Yonge St, Richmond Hill, ON L4C 5G2
Canada . Richmond
Hillcrest Mall
Viaport Outlet GLA:748 092 SF
ADDRESS: Yenisehir Mah. Dedepasa Cad. No:19 Via Port - Pendik
Turkey . Istanbul
Viaport Outlet
Vegas Crocus City GLA:1 199 078 SF
ADDRESS: 61 km Moscow Ring Road
Russia . Moscow region
Vegas Crocus City


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us