History
The mall was once home, in a free-standing pad site outside the main property, to AMC Northwest 4 theatres. AMC Northwest 4 was one of the first multi-screen theatres built in Houston, Texas.
Upon opening, J. C. Penney owned their location and near-by parking, Foley's (now Macy's) owned their own location and near-by parking, and the remainder of the property was owned by the mall itself. This caused the land to be owned by three owners. In 2000, JC Penney closed their Northwest Mall location which has sat vacant until Thompson's Antique Center moved into the space in 2012. SRO sports bar, which had relocated to Northwest Mall in the summer of 2001, announced its closing Feb. 2013.
In 2006, the mall was about 64% occupied. During that year Glimcher Realty Trust put the mall up for sale, along with the Almeda Mall. In 2007, Levcor Inc purchased the main mall, giving them approximately 80% ownership of the property with only Macy's having its own independent owner.
Read more about this topic: Northwest Mall
Famous quotes containing the word history:
“The best history is but like the art of Rembrandt; it casts a vivid light on certain selected causes, on those which were best and greatest; it leaves all the rest in shadow and unseen.”
—Walter Bagehot (1826–1877)
“Regarding History as the slaughter-bench at which the happiness of peoples, the wisdom of States, and the virtue of individuals have been victimized—the question involuntarily arises—to what principle, to what final aim these enormous sacrifices have been offered.”
—Georg Wilhelm Friedrich Hegel (1770–1831)
“The history of his present majesty, is a history of unremitting injuries and usurpations ... all of which have in direct object the establishment of an absolute tyranny over these states. To prove this, let facts be submitted to a candid world, for the truth of which we pledge a faith yet unsullied by falsehood.”
—Thomas Jefferson (1743–1826)