A weeklong celebration that will end Saturday marks the opening of the $21.5-million, 263,274-square-foot River Oaks community shopping center in Valencia.
The 22.6-acre project at the northeast corner of Magic Mountain and McBean parkways is the fifth and largest retail project developed so far by the Newhall Land & Farming Co., according to Donald L. Puente, Newhall's director of real estate. The firm is also the developer of the master-planned community of Valencia.
The largest retail development in the Santa Clarita Valley, River Oaks is anchored by a 77,590-square-foot Mervyn's department store and a 101,730-square-foot Target department store. Target also operates an adjacent 10,332-square-foot garden and patio store. Other major tenants include House of Fabrics and Big 5 Sporting Goods.
Designed by the Los Angeles-based architectural firm of Kober, Cedergreen & Rippon in a Spanish Colonial style, River Oaks also includes four free-standing pads for a bank, fast-food restaurant, sit-down restaurant and an importing firm.