Houston, Texas, December 6, 2025
The Almeda Mall in Houston is slated for a major transformation as the former Macy’s department store will be redeveloped into ‘The Market at Almeda,’ a grocery-anchored market hall. This initiative aims to revitalize the shopping center and enhance community experiences while responding to changing consumer habits. The project will feature a grocery store, retail spaces, restaurants, a fitness center, and more, with phased openings expected to extend into 2026.
Houston, Texas
Almeda Mall’s Former Macy’s to Become Grocery Market Hall
The Market at Almeda project aims to revitalize shopping in Houston
The Almeda Mall in Houston is on the cusp of a significant transformation as the former Macy’s department store prepares to be redeveloped into a bustling grocery-anchored market hall. This project is not only a response to changing consumer habits but also a proactive step in revitalizing the 57-year-old shopping center, attracting shoppers, and enhancing overall community experiences in southeast Houston.
The redevelopment, aptly named “The Market at Almeda,” represents a shift toward creating vibrant, multi-use spaces that cater to the evolving needs of consumers. As local entrepreneurs and developers recognize the importance of innovation and adaptability in the retail sector, projects like this showcase the resilience of small businesses and the potential for economic growth in the region.
Project Overview
The redevelopment project will involve transforming the 290,000-square-foot former Macy’s space into a dynamic hub that incorporates numerous amenities. Key features of the project include:
- A grocery store occupying approximately 65,000 square feet on the first floor, serving as an anchor tenant.
- Retail spaces and a variety of restaurants totaling around 44,000 square feet on the second floor.
- A fitness center and a beauty school to further diversify the tenant mix.
The design not only aims to attract more traffic to the Almeda Mall but also strengthen its overall appeal by addressing the diverse demands of the local population. The redevelopment is set to unfold in phases, with the grocery store and fitness center expected to open first, followed by restaurants and retail outlets through 2026.
Developer’s Vision and Community Impact
Read King, a local real estate firm, has taken the lead on this initiative after acquiring the 23-acre site last year. Envisioning “The Market at Almeda” as a vibrant community asset, Read King aims to combine essential services with leisure and fitness options to cater to the surrounding neighborhood. The redevelopment is anticipated to reinvigorate the nearby Almeda Mall, which currently features a dozen retailers and a food court, benefitting both the mall and the wider Houston community.
Background on Macy’s Closure
The closure of Macy’s Almeda Mall location earlier this year aligned with the company’s broader strategy to shutter underperforming stores nationally. This strategic decision resulted in a significant vacancy, which has prompted local developers to explore innovative solutions aimed at rejuvenating the retail landscape.
Responding to Retail Trends
The shift away from traditional department stores and towards mixed-use developments reflects a nationwide trend as cities adapt to shifts in consumer preferences. Similar transformations across the United States demonstrate how repurposing vacant retail spaces into multi-faceted community hubs can breathe new life into stagnant areas. Harnessing entrepreneurial spirit and private investment can foster resilience amongst small businesses, even as the retail landscape continues to evolve.
Conclusion
The redevelopment of the former Macy’s at Almeda Mall into “The Market at Almeda” is a noteworthy initiative that promises to breathe new life into the area. It stands as a testament to the innovative spirit of Houston’s entrepreneurs and the ability of the community to adapt to changing market demands. By embracing such projects, residents are encouraged to support local businesses and participate in the growth of Houston’s vibrant economy.
Frequently Asked Questions (FAQ)
What is “The Market at Almeda”?
“The Market at Almeda” is a redevelopment project transforming the former Macy’s department store at Almeda Mall into a grocery-anchored market hall, featuring retail spaces, restaurants, and a fitness center.
Who is leading the redevelopment project?
The redevelopment is being led by Read King, a Houston-based real estate firm that acquired the 23-acre property last year.
What tenants are expected to occupy the new market hall?
The project plans to include a grocery store, retail spaces, restaurants, a fitness center, and a beauty school. Specific tenants have not been publicly announced yet.
When is the redevelopment expected to be completed?
The redevelopment is expected to be completed in phases, with the grocery store and fitness center anticipated to open first, followed by the retail and restaurant spaces. The overall timeline extends into 2026.
Why did Macy’s close its Almeda Mall location?
Macy’s closed its Almeda Mall location earlier this year as part of a nationwide strategy to close underperforming stores.
How will the redevelopment impact the surrounding area?
The redevelopment is expected to revitalize the 57-year-old Almeda Mall, attract more shoppers, and provide a boost to neighboring retailers and the local community.
Key Features of “The Market at Almeda” Redevelopment
| Feature | Description |
|---|---|
| Grocery Store | Approximately 65,000 square feet on the first floor, serving as the anchor tenant. |
| Retail Spaces and Restaurants | About 44,000 square feet on the second floor, offering a variety of shopping and dining options. |
| Fitness Center and Beauty School | Additional amenities to enhance the community experience. |
| Completion Timeline | Phased opening, with the grocery store and fitness center opening first, followed by retail and restaurant spaces, extending into 2026. |
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Author: STAFF HERE HOUSTON TX WRITER
The HOUSTON STAFF WRITER represents the experienced team at HEREHouston.com, your go-to source for actionable local news and information in Houston, Harris County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Houston Livestock Show and Rodeo, Art Car Parade, and Chevron Houston Marathon. Our coverage extends to key organizations like the Greater Houston Partnership and Houston Area Urban League, plus leading businesses in energy and healthcare that power the local economy such as ExxonMobil, Schlumberger, and Houston Methodist. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREDallas.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
