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Home›Real Estate›Commercial›Pacific Palisades Shopping Center readies reopening

Pacific Palisades Shopping Center readies reopening

The reopening is tied to Rick Caruso reviving a shopping center that remains surrounded by burned-out lots, according to the report.

Reported · Written up by our desk · Commercial

The New York Times Business reports that the Pacific Palisades Shopping Center is preparing to reopen after a period of disruption.

The outlet says Rick Caruso, the billionaire real estate developer and former Los Angeles mayoral candidate, is leading the effort to revive the property.

According to the report, the shopping center is still situated amid burned-out lots, underscoring the extent of damage in the surrounding area.

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Sources

NYT BusinessPacific Palisades Shopping Center Is Preparing to Reopen

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