Foley's & Dillard's to develop CBL & Associates open-air shopping center

24 Jun '05

6 min read

US based leading retail managing & serving provider CBL & Associates Properties Inc along with largest departmental store The May Department Store Company and Dillard's Inc announced plans for two of the most respected names in retailing, Foley's and Dillard's department stores, to join Pearland Town Center in Pearland, TX. CBL's latest retail development will feature the two anchor stores, Foley's and Dillard's, junior anchors for sporting goods, books and electronics plus more than 300,000 square feet of specialty shops and restaurants.

Located just south of Houston, the 700,000-square-foot open-air regional shopping center will offer the best mix of retail, entertainment and restaurants and is scheduled to open in Fall 2008. Foley's is scheduled to open in 2009.

700,000-square-foot open-air regional shopping center boasts prime location in rapidly growing south Houston suburb.

"With the commitment from the two major department stores, Foley's and Dillard's, plus the ideal location, we are excited to move this project forward and bring a unique, open-air shopping center to the community," said Stephen Lebovitz, president of CBL & Associates Properties Inc. "With a market population of nearly 450,000 people that is predicted to grow significantly in the next ten years, Pearland Town Center is positioned to become the area's primary retail destination."

Conveniently located at Routes 518 and 288, Pearland Town Center will reside within the greater Houston metropolitan corridor. The shopping center will encompass more than 110 acres of premium retail space.

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