General Growth Properties, Inc. (GGP), a publicly traded Real Estate Investment Trust ("REIT"), assumed control of the Seaport following a merger with The Rouse Company in 2004.
GGP has excelled as a buyer, seller, developer, and manager of real estate since 1954. Headquartered in Chicago, Illinois, GGP has approximately 4,700 employees nationwide. Its holdings house more than 24,000 retail stores and anchor department stores, as well as theaters, sit-down restaurants, and other family entertainment.
Throughout its history, GGP has built a reputation as a partner with the communities in which it invests. It has contributed real estate taxes and an estimated $1 billion in sales-tax revenues to state and local government across the United States, which has in turn been put toward improving schools, public safety, and other key government services.
When GGP redevelops a property, it also brings new jobs and new infrastructure that create lasting economic gains. As GGP begins the redevelopment of the South Street Seaport, it will continue to build on its reputation as a community partner.
GGP has excelled as a buyer, seller, developer, and manager of real estate since 1954. Headquartered in Chicago, Illinois, GGP has approximately 4,700 employees nationwide. Its holdings house more than 24,000 retail stores and anchor department stores, as well as theaters, sit-down restaurants, and other family entertainment.
Throughout its history, GGP has built a reputation as a partner with the communities in which it invests. It has contributed real estate taxes and an estimated $1 billion in sales-tax revenues to state and local government across the United States, which has in turn been put toward improving schools, public safety, and other key government services.
When GGP redevelops a property, it also brings new jobs and new infrastructure that create lasting economic gains. As GGP begins the redevelopment of the South Street Seaport, it will continue to build on its reputation as a community partner.
This Site is not intended to be an offer to sell nor a solicitation of offers to buy real estate to residents of Connecticut,
Idaho, New York, New Jersey, and Oregon, or to residents of any other jurisdiction where prohibited by law.
Idaho, New York, New Jersey, and Oregon, or to residents of any other jurisdiction where prohibited by law.