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Shopping Center

BUSINESS
May 2, 2013 | By Roger Vincent
The owner of a mid-Los Angeles shopping center that was destroyed by rioters in the 1990s and then rebuilt has acquired more land and seeks to expand and upgrade the mall. Plans call for making the Midtown Shopping Center a more family-friendly meeting place, partner James Young said, with extensive pedestrian walkways, seating areas and outdoor dining. “I always thought that given the time and right attention this would be a first-class area,” Young said, “so I rebuilt.” Major tenants now include a Ralphs supermarket, a CVS pharmacy, Orchard Supply Hardware and Bank of America.
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CALIFORNIA | LOCAL
April 30, 2013 | By Patrick McGreevy and Kate Mather
Calaveras County sheriff's deputies are interviewing sex offenders who live near a Valley Springs neighborhood where an 8-year-old girl was brutally killed. Some offenders are being photographed and some are having their homes searched, Sgt. Chris Hewitt said Monday. “They have not been ruled out,” he said. Authorities have scoured the rural Sierra foothill community, combing tall grass and searching attics and outbuildings for any signs of Leila Fowler's killer.
CALIFORNIA | LOCAL
April 29, 2013 | By Patrick McGreevy
VALLEY SPRINGS -- In this quiet rural Sierra foothill town, locals feel so safe they don't bother to lock their doors. But that has changed. Ever since Saturday, when an 8-year-old girl was stabbed to death by an apparent intruder, this town has been on high alert: A reverse 911 call urged residents to lock doors and stay vigilant. Patrol officers have blocked the road. And authorities launched a door-to-door sweep, checking every attic, storage shed and horse stable. Lauretta Wanhala lives on Rippon Road -- the street where the slaying occurred.  She said the neighborhood is quiet and safe.
CALIFORNIA | LOCAL
April 28, 2013 | By Kurt Streeter
The Los Angeles County coroner has identified the man killed during a  confrontation with sheriff's deputies in South L.A. on Friday as 24-year-old Brice Jefferson.   Jefferson was shot by a deputy after he used the car he was driving to pin a detective to the ground, according to the Los Angeles County Sheriff's Department. The shooting happened after Jefferson and his girlfriend got into a fight and he allegedly kidnapped her two young daughters from a shopping center near South Vermont Avenue and Imperial Highway, authorities said.
BUSINESS
April 18, 2013 | By Roger Vincent
At a busy but nondescript intersection in Pacoima, a real estate developer is trying to help revive the San Fernando Valley neighborhood with an open-air market and retail complex aimed at small entrepreneurs. The complex on Van Nuys Boulevard at San Fernando Road will be called Zocalito of Pacoima, said developer Cary J. Lefton, chief executive of Sherman Oaks developer Agora Realty & Management Inc. Zocalito will have walkways and plazas similar to small towns in Mexico when it opens in the fall.
IMAGE
February 17, 2013 | By Melissa Magsaysay
Topshop, the global fashion juggernaut with more than 400 stores operating in 38 countries, has arrived on the West Coast at long last, opening a new store at the Grove in Los Angeles last Thursday. At 25,000 square feet with nearly 40-foot ceilings, the London-based brand's new flagship boasts the grandiose size and presence common to its other properties, with multiple levels housing the various women's collections under the Topshop umbrella, as well as Topman for menswear. "Topshop is one of the all-time great retailers on a global platform, and they are really planting a flag here," says Rick Caruso, chief executive of Caruso Affiliated, the developer of the Grove.
BUSINESS
December 17, 2012 | By Roger Vincent, Los Angeles Times
Los Angeles developer Rick Caruso is buying 10 retail properties on three parcels in the tony town center of Pacific Palisades, according to people who know about the deal. The acquisition will give Caruso the opportunity to restyle a significant portion of the affluent neighborhood's commercial district in his vision. Caruso, owner of the upscale Grove shopping center in Los Angeles, is in escrow on a 2.8-acre collection of commercial buildings on both sides of East Swarthmore Avenue and Sunset Boulevard known as Pacific Palisades village.
BUSINESS
November 12, 2012 | By Roger Vincent, Los Angeles Times
With apartments holding strong as the hottest class in commercial real estate, developer Rick Caruso is testing the limits of the luxury category in Los Angeles with his residential complex that just opened on Burton Way. The developer, best known for his plush outdoor shopping centers such as the Grove, spent $65 million building an 87-unit complex where the cheapest apartment is $4,500 a month and many cost more than $10,000. "Those are New York rents," Caruso acknowledged. At about $8 a square foot, they are quadruple the Los Angeles average.
BUSINESS
October 15, 2012 | By Shan Li, Los Angeles Times
The grand opening of a Target store in downtown Los Angeles - and the prospect of freebies for the first shoppers - dragged a crowd of locals out of bed Sunday morning. By 7:30 a.m., about 100 people - many clad in sweat pants and rubbing sleepy eyes - were lined up outside the front doors of the store, tucked into the Figat7th shopping center. Standing at the head of the line was Louis Salazar and his brother William, who had been waiting outside since 2 a.m. They were up early, anyway, to watch the space shuttle Endeavour on its way to Exposition Park.
CALIFORNIA | LOCAL
September 18, 2012 | Sandy Banks
It's the most ambitious construction project in South Los Angeles in decades: The University of Southern California plans to replace its ancient University Village shopping center on the edge of campus with a $900-million, multistory complex of stores, office buildings and dormitories. USC officials call the project an "economic engine" that will generate thousands of jobs, make the area around campus more attractive and provide enough student dormitory space to free up housing for neighborhood families.
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