CORPUS CHRISTI, TEXAS — Fort Worth, Texas-based Trademark Property Co. has commenced Phase II of a $50 million renovation to La Palmera, a 1 million-square-foot mall located in Corpus Christi. Upcoming construction includes a transformation of the mall’s front entrance into an outdoor lifestyle court with landscaping, pop jet fountains, seating areas, a valet parking area and new retailers. Macy’s will begin an expansion in April that will add 18,000 square feet to the first floor of its store. Macy’s is anticipating a fall completion for the project. The mall renovation began in late 2008 with a rebranding of the mall that included new interior furniture and interior landscaping, new signage and fresh paint. Work also began for the renovation of the food court, which will feature a 4,400-gallon aquarium centerpiece, seating for 600, flat-screen televisions and an entertainment stage. Future phases will include a new children’s play area on the mall’s upper level, two new sets of escalators, a new elevator, multiple water features, upgraded lighting, and new glass windows and curtain walls. Additionally, the parking lot will be resurfaced and the parking garage will be upgraded. Completion of the entire project is expected in time for the 2009 holiday shopping season.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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