Today, the mall has over 200 stores and 4 major stores include Von Maur, Dillard's, Macy's, and Nordstrom, and is managed and owned by General Growth Properties.
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On May 16, 2013, TIAA-CREF purchased a 50% stake in the Grand Canal Shoppes, including the Shoppes at the Palazzo, in Las Vegas for net proceeds of $410 million USD as part of a new joint venture with General Growth Properties Inc.
A December 2007 decision by local General Growth Properties managers to abandon The Mall's traditional "Poinsettia Tree" Christmas display sparked a grassroots movement by several hundred Columbia residents for the return of the display which had come to be viewed as a local tradition.