 The mall is a part of the $500 million ($1 billion in 2014 dollars) office development "The Corporate Office Centre at Tysons II", leading regional residents to refer to Tysons Galleria as "Tysons II", and the older Tysons Corner Center retroactively as "Tysons I".It was previously known as It had annual sales of $262 per square foot, below the market average for malls in the Washington metropolitan area in the early 1990s.The Galleria was renovated to appear more like a "European streetscape" and expanded in 1997 by Homart Development Company, who had its name changed to Tysons Galleria.