The Rouse Company, founded by James W. Rouse in 1939 and publicly held since 1956, is a shopping mall and community developer. The Rouse Company built some of the first enclosed shopping malls, and it pioneered the development of festival marketplaces such as Faneuil Hall in Boston, Massachusetts, South Street Seaport in New York, New York, and Harborplace in Baltimore, Maryland.
Its community projects include the Village of Cross Keys in Baltimore, and the planned cities of Columbia, Maryland (where it is headquartered), Bridgelands, Texas and Summerlin, Nevada. The Rouse Company was an investor in The Woodlands, Texas.
His company coined the term "mall" to describe the development, which was an alternative to the more typical strip malls usually built in the suburbs.
Although in retrospect, many attribute the rise of the shopping mall as a major contributor to the decline of the city downtown core, Rouse's focus at the time was on the introduction of malls as a form of town center for the suburbs.
In the 1960s Rouse turned his focus on planned communities; his crowning achievement during that decade was Columbia, Maryland.
The RouseCompany, founded by James W. Rouse (1914-1996) in 1939 and publicly held since 1956, is a shopping mall and community developer.
The RouseCompany built some of the first enclosed shopping malls, and it pioneered the development of festival marketplaces such as Faneuil Hall in Boston, Massachusetts, South Street Seaport in New York, New York, Waterside in Norfolk, Virginia, Harborplace in Baltimore, Maryland, and Bayside Marketplace in Miami, Florida.
The RouseCompany was an investor in The Woodlands, Texas.