Improvements Coming to La Palmera Shopping District

Parking upgrades underway at La Palmera; new construction at The Shops at La Palmera

CORPUS CHRISTI, Texas (September 15, 2015) –The La Palmera Shopping District continues to make improvements as it prepares for additional tenants at La Palmera and The Shops at La Palmera.

“We try to be proactive with upgrades and repairs so the guest experience remains top notch,” said Fred Walters, general manager for La Palmera and The Shops at La Palmera. “Guest amenities are also a factor in attracting national retailers, such as Michael Kors and Tilly’s, which were recently announced.”

Crews have begun work on rebuilding the main parking lot at La Palmera. Fencing is up along South Padre Island Drive at the outer edges of the main parking lot up to the sidewalk by Dillard’s where demolition of the existing parking area has already started. Crews will work their way east in sections towards JCPenney and Chili’s over the next couple of months as they work to complete the project before the holiday season.

“This is something we have been planning for some time and felt was a priority,” said Walters, “Although we have made repairs over the years since we purchased the mall in 2008, we believe this is the first time there has been major reconstruction of the parking areas in more than 20 years.”

While work continues, crews are setting up alternate ring roads around the mall to lessen any inconvenience to guests. Signage will direct shoppers to available free parking during the project, and valet parking will remain available seven days a week for $5 Monday through Thursday and $7 Friday through Sunday. To keep its guests informed, La Palmera will post parking updates on its Facebook page.

Crews are also in the process of replacing two large “glass pyramid” skylights in the west end of the mall, as well as several HVAC roof units, which provide cooling and heating to the common areas.

Since purchasing the mall in 2008, parent company Trademark Property and joint venture partner Institutional Mall Investors LLC (IMI) have invested more than $50 million for renovation work on La Palmera.

At The Shops at La Palmera, construction will soon begin on a new building to house three new tenants, yet to be announced, which will be located near Chipotle Mexican Grill on the corner of Staples Street and McArdle Road. Facade work was recently completed on the building adjacent to DSW Shoes, the current location for SAS Shoes, Sunshine Dental, and Victoria’s Jewels and future location for the recently announced Salons by JC.

For more information on La Palmera and The Shops at La Palmera, go online to www.lapalmera.com, visit us on Facebook, or call (361) 991-3755.

ABOUT LA PALMERA

Located in Corpus Christi, Texas, La Palmera is a 1-million square foot super-regional mall with more than 100 retail and restaurant tenants including Dillard’s, J.C. Penney, Macy’s, P.F. Chang’s and Coach. Acquired in July 2008 by IMI and Trademark Property, La Palmera is the first mall to be awarded LEED® Silver for Core and Shell 2.0 established by the U.S. Green Building Council (USGBC). The mall features a 600-seat food court with a 4,500-gallon feature aquarium and a children’s ocean-themed play area. For more information on La Palmera, go to www.lapalmera.com; or call (361) 991-3755.

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 Mexican Grill. 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.