Post Oak Mall is a regional shopping mall in College Station, Texas owned by CBL & Associates Properties. Construction on the mall began in summer 1979 and it opened February 17, 1982. It initially housed 80 stores with four anchors. A second phase, planned before the mall even opened, was completed in 1985, adding more floor space and bringing the mall up to 125 stores and 6 anchor stores. As of 2009, it also houses a small food court, two restaurants, and a nightclub.
The first mall to be opened in College Station, Post Oak is the largest mall within the Brazos Valley area. At its opening, it became the city's largest employer, and nearly doubled its city sales tax revenues. Though the mall generated additional traffic and added to the demand on city services, it also generated $1 million in annual sales tax revenue, $120,000 in property taxes, and a half-million in taxes for the city school district. It is credited with creating the first major impetus for growing economic and commercial developments for College Station, which previously lacked a major retail community. The mall generates over 75 percent of the area's retail sales through its approximately eleven million annual visitors. It remains the city's largest taxpayer and its second largest employer.
Read more about Post Oak Mall: Stores, Economic Impact
Famous quotes containing the words post, oak and/or mall:
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—Clara Barton (1821–1912)
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—Henry David Thoreau (1817–1862)
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—Bill Cosby (20th century)