Galleria Dallas

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Galleria Dallas
Location Dallas, Texas, USA
Opening date 1982
Developer Hines Interests Limited Partnership
Management Simon Property Group
Owner UBS Realty Investors LLC (UBS AG)
Architect HOK
No. of stores and services 200+
No. of anchor tenants 9
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No. of floors 4 (including ice level)
Parking 10,000+ spaces[2]
Website www.galleriadallas.com

The Galleria Dallas, an upscale shopping mall and mixed-use development located in north Dallas, Texas (US), was developed by longtime owner Hines Interests in 1982. The mall is modeled after a similar Hines development, the Houston Galleria, which opened in 1970. Both Galleria malls have an ice skating rink and a glass vaulted ceiling that is modeled after the historic Galleria Vittorio Emanuele II in Milan, Italy.

Today there are over 200 stores and restaurants including an ice rink and The Westin Galleria Hotel.[3] The Dallas Galleria is located at the intersection of Interstate 635 and the Dallas North Tollway. The property is currently owned by an investment consortium advised by UBS Realty Investors LLC, a subsidiary of UBS AG of Zurich, Switzerland and was managed by General Growth Properties of Chicago, Illinois. Due to the bankruptcy of General Growth, Indianapolis-based Simon Property Group (who also owns North East Mall in Hurst, Texas and the Houston Galleria) assumed management of the mall, starting August 23, 2009.

History

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  • 1982 - Hines Interests opened The Dallas Galleria with anchors Marshall Field's and Saks Fifth Avenue as well as a 432-room Westin Hotel.
  • 1985 - The mall was expanded and Macy's opened at the mall.
  • September 7, 1985 - The mall was the location of WFAA-TV Channel 8's Sump'n Else bandstand program's 20th Anniversary Episode hosted by Ron Chapman, Ralph Baker Jr and The Little Group dancers.
  • 1995 - The mall opened a 75,000 square feet (7,000 m2) expansion in November.
  • 1996 - In March. Nordstrom opened as anchor of the mall's new wing.
  • 1997 - Marshall Field's sold its Texas locations.[4] The Dallas Galleria location was purchased by Saks Fifth Avenue.
  • 1999 - Saks Fifth Avenue renovated and moved into the original Marshall Field's location. The original Saks location was converted to a Gap, Inc. megastore housing Banana Republic (first level), Gap (second level), and Old Navy (third level).
  • 2002 - Hines Interests sold the Dallas Galleria to UBS Realty Investors LLC of Hartford, CT, for an estimated US$300 million.
  • 2003 - A major renovation of the mall began, with the mall's name changed from "Dallas Galleria" to "Galleria Dallas."[5]
  • 2005 - UBS Realty Investors LLC acquired the Westin Galleria Hotel from Hines Interests for $95 million.[6]
  • 2009 - General Growth Properties, the mall's management company, went bankrupt in April 2009. In June, Simon Property Group obtained management rights & their tenure started August 1.[7]
  • 2011 - A man committed suicide by jumping from the third floor of the mall, landing in the ice skating rink.[8]
  • 2012 - H&M opened on the second floor across from the former Saks Fifth Avenue on March 22, 2012.
  • 2013 - It was revealed that Saks Incorporated shuttered its Dallas store. The anchor operated until June 15, 2013 and has been replaced by Charlotte-based Belk, a mid-range department store chain. The building went through renovations.[9]
  • 2014 - Belk opened in the former Saks Fifth Avenue space.[10]

Major anchors

Former tenants

See also

References

  1. Property details, Hines, Retrieved on 9 September 2006.
  2. Visitor & Guest Services, Galleria Dallas, Retrieved on 9 September 2006.
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  5. A grander Galleria, International Council of Shopping Centers, November 2003.
  6. UBS Realty Investors Acquires the 432-room Westin Galleria Hotel in North Dallas for $95 million, The Dallas Morning News, 8 April 2005.
  7. [1]
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  9. http://www.dallasnews.com/business/retail/20130129-galleria-dallas-is-losing-saks-and-gaining-belk.ece
  10. http://www.dallasnews.com/business/retail/20140322-belk-opening-in-galleria-dallas.ece

External links

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