SPG - Simon® Reinvesting in Houston's The Galleria™ One of the Most Iconic Luxurious Shopping Centers in the U.S. | Benzinga
Luxury Offering Continues to Expand Due to Strong Demand
INDIANAPOLIS, May 16, 2024 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment, and mixed-use destinations, today announced its plans to further invest in Houston's The GalleriaTM with an interior and exterior revitalization. In addition, several renowned brands have invested in their Galleria boutiques with significant expansions and updates. To date, Simon has invested several hundred million dollars in the redevelopment of the iconic property. The Galleria is Houston's most desirable shopping and tourist attraction, Texas' largest, and among the nation's biggest shopping centers offering over 2.4 million square feet of dynamic retail, dining, and amenities.
Transformative multimillion-dollar upgrades will begin this summer and are expected to be complete by early 2025. A significant portion of the remodeling project will focus on elevating the aesthetics of the ...