TEXAS CITY — Hundreds of shoppers gathered Thursday for the opening of department store Palais Royal at its new Texas City site.
Houston-based Palais Royal moved into the new space to give shoppers a little more room. The 23,000-square-foot store is inside the building formerly occupied by Macy’s at the former Mall of the Mainland, 10000 Emmett F. Lowry.
The department store had operated inside Mall of the Mainland since 1991 but decided to move to the 150,000-square-foot Macy’s space after developer Jerome Karam acquired the vacant building earlier this year and redeveloped it. Macy’s left the mall in 2012.
Karam and family were on hand for Palais Royal’s grand opening. Events included prizes and giveaway.
Earlier this year, Coastline Retail Center Inc., which gained control of Mall of the Mainland as a result of foreclosure action and related litigation, closed the interior common areas of the shopping center, which had struggled for years to attract staple stores and shoppers. Palais Royal, Sears and movie theater Cinemark were the only remaining tenants.
But Karam is reviving retail at the shopping center. Palais Royal joins a 42,000-square-foot World Gym franchise under way at the Macy’s building and an 11,000-square-foot Salon Cinque.
Karam recently finalized acquisition of the vacant J.C. Penney department store building at the mall. He has not named tenants for that property.
Reach reporter Laura Elder at 409-683-5248 or email@example.com.