Creation of the La Palmera Shopping District now complete

FORT WORTH, Texas (November 18, 2014) – The Shops at La Palmera will hold its official grand opening Thursday, November 20.

The celebration begins with a 10 a.m. reception for invited guests, including dignitaries representing the City of Corpus Christi and local Chamber of Commerce members, followed by a ceremonial ribbon cutting at 11 a.m. The event marks the official end of renovation work and the completion of the newly created 80-acre La Palmera Shopping District.

“Because of Corpus Christi’s growth and the great success we have had with La Palmera, there has been an increased demand from national retailers wanting a foothold in the Coastal Bend,” said Fred Walters, general manager of La Palmera and The Shops at La Palmera. “The redesign and renovation of The Shops at La Palmera allows us to better accommodate those retailers and creates the La Palmera Shopping District, a major, regional shopping destination.”

Purchased in April 2012 by Trademark Property and its joint venture partner on the acquisition, Institutional Mall Investors LLC (IMI), The Shops at La Palmera, formerly the 15.53-acre Staples Center and 3.81-acre Mt. Vernon Center, underwent a complete rebranding, redesign and renovation from February 2013 through November 2014. IMI and Trademark together acquired La Palmera in 2008, which underwent its own two-year renovation from 2008-2010.

“The one-million square feet of retail and dining at La Palmera, and 230,602 square feet available at The Shops at La Palmera just across from the mall, already provides shoppers more than 130 retailers and restaurants with more on the way.”

Since 2013, The Shops at La Palmera has welcomed a number of national retailers including Dick’s Sporting Goods, T.J. Maxx, HomeGoods, DSW, Jared The Galleria of Jewelry, dressbarn, Corner Bakery Café and Chipotle, with others on the way, including Today’s Vision and The Beef Jerky Outlet.

ABOUT THE SHOPS AT LA PALMERA

The Shops at La Palmera is a 230,602-square-foot outdoor center located in Corpus Christi, Texas. The Shops at La Palmera features more than 20 local and national retail and dining options, including Dick’s Sporting Goods, T.J. Maxx, HomeGoods, Jared The Galleria of Jewelry, DSW, Destination XL, dressbarn, Corner Bakery Café and Chipotle. Purchased in April 2012 by Trademark Property Company and joint venture partner Institutional Mall Investors LLC (IMI), the center is located directly across from Trademark’s La Palmera mall. For more information, go to www.theshopsatlapalmera.com.