The Rouse Company of
Baltimore, Maryland founded the subsidiary
Almeda Mall, Inc. for the mall's development, beginning construction in the early 1960s on the anchors. The
Foley's anchor store opened first, as a standalone store, on October 3, 1966. Almeda Mall opened two years later, on October 10, 1968, with
JCPenney as a second anchor store. Almeda was the premiere mall for the area southeast of Houston until 1978 when
Baybrook Mall opened a few exits south, much closer to the affluent Clear Lake/NASA area, quickly supplanting Almeda. The mall decline further in the early 2000's, as major retailers began to open in nearby
Pearland, including
Pearland Town Center in 2008. Around 2017, the mall underwent a million dollar renovation project, replacing the old brown brick flooring and walls. In 2006, the mall was about 95% occupied. During that year
Glimcher Realty Trust put the mall up for sale, along with the
Northwest Mall, Burlington closed in 2023. On January 9, 2025, it was announced that Macy's would be closing as part of a plan to close 66 stores nationwide. The store closed in March 2025, which left the mall with no traditional anchors. ==References==