|McAllen's mall fixin' to get bigger|
From the McAllen Monitor
Mayor Richard Cortez announced a 160,000-square foot expansion of La Plaza Mall during his State of the City address Thursday. No other details were given about the addition, which would house “new, unique and upscale shops.” Simon Property Group, which owns La Plaza, couldn’t immediately be reached for comment Thursday morning.
Simon considers La Plaza one of its most successful regional malls, and the sprawling shopping center generates substantial sales tax revenue for McAllen. City leaders have sought to help Simon expand La Plaza for years, and Cortez has talked about the expansion during several State of the City speeches, including his 2008 address.
For more detail about Simon’s operations in the McAllen area, check this story. Simon Property Groups’ website also offers very detailed information about its local holdings.