Stonebriar Centre

From Infogalactic: the planetary knowledge core
Jump to: navigation, search
Stonebriar Centre
Location Frisco, Texas
Opening date August 4, 2000
Developer General Growth Properties
Management General Growth Properties
Owner General Growth Properties
No. of stores and services 165
No. of anchor tenants 8
Total retail floor area 1,600,000 sq ft (148,645 m2)[1]
No. of floors 2 (AMC theater is on the third level)
Website http://www.shopstonebriar.com/

Stonebriar Centre is a mid-range shopping mall located at the intersection of SH 289 (Preston Road) and SH 121 (Sam Rayburn Tollway) in Frisco, Texas, United States. It contains six major department store anchors, a 24-screen movie theater, and a total of 165 tenants renting over 1,630,000 square feet (151,000 m2) gross leasable area.[2] Until July 31, 2013, it had an NHL size ice arena as well.

History

In the 1980s Frisco government leaders realized they needed an economic engine, something that attracted not only people, but money. They decided there was no greater economic driver in North Texas than a shopping mall. In 1988, Jerry Rosenholtz of Homart, the parent company of Sears, planned on putting a million square foot mall in Frisco, a town of about 6,000 people.[3]

When Plano learned of Homart's plan they offered $10 million if the company would move its planned mall across the road into their city limits. Frisco battled to keep the planned mall and was able to work out tax incentives to close the deal. Plano then convinced another company, General Growth Properties, to place a mall within their city limits. In 1995, General Growth Properties bought Homart which already had a signed agreement with Frisco.[4] Frisco made a final offer to General Growth Properties of a half-cent sales tax rebate, property tax abatement for ten years, and infrustructure improvements in and around the mall. Plano continued to fight for the mall and Frisco eventually had to up its sales-tax grant. Frisco finally won the fight and on August 4, 2000 the 1,600,000-square-foot (150,000 m2) mall opened.[5]

Reception

The mall generally received positive reviews and received a 3.5 star rating out of 5 stars,[6] visitors gave compliments about the restaurants, but some said that they disliked the way the parking lots were designed.

Major tenants

Inside Stonebriar Centre mall

Former tenants

See also

References

  1. General Growth Properties, Inc. Stonebriar Centre Information, Retrieved on 14 February 2007
  2. General Growth Properties, Inc. Stonebriar Centre Overview. Retrieved on 14 February 2007.
  3. Welcome to Boomtown
  4. "Sears Completes Sale of Its Homart Unit". Reuters/The New York Times. December 27, 1995
  5. Lua error in package.lua at line 80: module 'strict' not found.
  6. Lua error in package.lua at line 80: module 'strict' not found.
  7. 7.0 7.1 7.2 7.3 7.4 7.5 7.6 7.7 7.8 7.9 http://www.ggp.com/content/corporate/data/siteleaseplans/STONEBRIAR%20CENTRE-3812-LP2.pdf

External links

Lua error in package.lua at line 80: module 'strict' not found.