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Shopping Centers Los Angeles County

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CALIFORNIA | LOCAL
September 28, 1999 | IRENE GARCIA, TIMES STAFF WRITER
Walk into the Wal-Mart store at Panorama Mall and a greeter is certain to welcome you. But shoppers at the competing La Curacao store across the mall get more than a hello or a buenos dias. There's always festive salsa or merengue music, and on weekends customers can sample free food like pupusas and chuchitos. And the entire orientation of the store is for Latino customers--even the decor, which features stylized Mayan pillars and Aztec pyramids.
ARTICLES BY DATE
CALIFORNIA | LOCAL
September 14, 2000 | DAN WEIKEL, TIMES STAFF WRITER
Attempting to resurrect a failed shopping area in the heart of downtown Long Beach, the City Council has cleared the way for a $75-million retail and residential complex on the site of a defunct redevelopment project.
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BUSINESS
February 2, 1995 | TED JOHNSON and MARY GUTHRIE, TIMES STAFF WRITERS
Once again, the developers are back in Carson, throwing parties with cocktails, cake and a five-piece band, and tantalizing city officials with the prospect of tax windfalls and new jobs. Their project is the proposed L.A. Metromall, which would be one of the largest enclosed factory-outlet centers in the country.
BUSINESS
August 11, 2000 | JESUS SANCHEZ, TIMES STAFF WRITER
Suffering a steep loss, the Japanese owners of Two Rodeo--a Beverly Hills shopping center that is home to Tiffany, Cartier and other luxury retailers--have sold the complex to a European family trust for $131 million. Despite the sharp rebound in Westside real estate values since the 1990s recession, the sale of Two Rodeo represents a $70-million loss for partners Kowa Real Estate Investment Co. and Sogo Co.
CALIFORNIA | LOCAL
August 9, 1997
In move to stop big-rig trucks from parking at local shopping centers, the city will begin enforcing a new law that makes it illegal for the vehicles to park in such lots for more than three hours. Beginning Aug. 20, the Sheriff's Department will begin issuing warnings to truck drivers in violating the new law and will issue citations next month.
BUSINESS
December 17, 1997 | TRACY JOHNSON, SPECIAL TO THE TIMES
Seeking to turn around a struggling shopping mall in one of the wealthiest areas in the nation, an Atlanta-based real estate development company said Tuesday that it plans to purchase the Shops at Palos Verdes in Rolling Hills Estates and turn the enclosed mall and a stretch of adjacent roadway into an open-air shopping district. Cousins Properties Inc.
CALIFORNIA | LOCAL
November 28, 1993 | CHRISTINA LIMA, TIMES STAFF WRITER
A year ago, retailers at the South Bay Pavilion at Carson thought the $12.5-million renovation of the mall, which included the addition of an Ikea home furnishings store, would make their dreams of increased sales come true. Ikea, mall operators said, would draw thousands more shoppers to a mall freshly painted with pastels and made more bright and airy with skylights.
CALIFORNIA | LOCAL
February 9, 1993 | SCOTT HARRIS, TIMES STAFF WRITER
They moved from The Valley to this valley in 1984, before procreation changed the family portrait. Sandy and Elaine Senen had been renting in Sherman Oaks when housing prices beckoned them up Interstate 5 to the new tracts of the Santa Clarita Valley. They became homeowners, but the trade-off was Sandy's 50-minute commute to work in the Mid-Wilshire district.
CALIFORNIA | LOCAL
September 10, 1994 | STEVE RYFLE
Glendale police asked for the public's help Friday in finding a man who stalked an 8-year-old girl for 30 minutes at the Glendale Galleria last weekend, then tried unsuccessfully to kidnap her. The suspect, described as a Latino or Asian man in his late 20s to early 30s, is wanted on attempted kidnaping and attempted molestation charges. He probably failed to lure the girl out of the mall only because the child knew to tell him "that her mother warned her not to go with strangers," police Sgt.
BUSINESS
January 16, 1999 | A Times Staff Writer
The owner of Century City Shopping Center, one of Southern California's highest-grossing malls, has agreed to sell the 140-store complex, according to sources familiar with the deal. RREEF, a San Francisco-based real estate investment and advisory firm, had the 18.7-acre complex up for sale for a relatively short time before finding the buyer, which has not been identified. Jerry Asher, who represents a marketing team working on behalf of RREEF, declined to comment.
CALIFORNIA | LOCAL
May 19, 2000 | RICHARD WINTON, SPECIAL TO THE TIMES
It didn't have the glitz and kaboom of a Las Vegas-style implosion. But the 200 onlookers in Pasadena on Thursday more than made up for it with their enthusiasm as they watched the city's white-elephant mall go the way of the urban dinosaur--thanks to the mechanical arm of a huge excavator. To the sounds of "Also Sprach Zarathustra," the excavator's claw tore into the glass entrance of Pasadena Plaza on Green Street between Marengo and Los Robles avenues.
BUSINESS
November 2, 1999 | BRAD BERTON
Macerich Co., a Santa Monica-based operator and owner of shopping malls, has acquired Santa Monica Place for about $130 million, and has sold a half-stake in three of its Southland malls collectively valued at about $550 million to a Canadian pension fund. Both transactions reflect Macerich's emphasis on "clustering" nearby centers to take advantage of buying efficiencies and marketing synergies.
CALIFORNIA | LOCAL
October 20, 1999 | IRENE GARCIA
A Los Angeles developer has proposed to build a major retail center--anchored by a home improvement store and a discount department store--on 36 acres of land currently used for a swap meet. The developer, Regency Realty Corp., has an agreement with the majority of owners of the property to build the project, said San Fernando City Administrator John Ornelas. The site is at the northeast corner of Arroyo Avenue and Glenoaks Boulevard. "It's a prime northeast Valley site," Ornelas said.
CALIFORNIA | LOCAL
October 20, 1999 | RICHARD WINTON, SPECIAL TO THE TIMES
Hailing it as an urban village that will extend the synergy of Old Pasadena along Colorado Boulevard, the Pasadena City Council has approved a $135-million open-air development to replace the city's white-elephant mall. The proposed Paseo Colorado development is intended to resemble a European piazza and will feature a gourmet grocery store, a multiscreen movie complex, a health club and 400 luxury apartments atop eateries and trendy shops.
CALIFORNIA | LOCAL
October 12, 1999
Voters may soon decide the fate of the controversial Glendora Marketplace development, which would bring a Home Depot, Sam's Club and other stores to an area known as the old strawberry patch. City Council members voted 4 to 0 to have the city attorney draft a ballot initiative to allow developers to build a 400,000-square-foot retail center on Lone Hill Avenue. The council will decide Oct. 26 on the final wording of the measure and the election date.
CALIFORNIA | LOCAL
September 28, 1999 | JENNIFER PENDLETON, SPECIAL TO THE TIMES
The economy is booming and consumer confidence is high, signs that bode well for a strong holiday retail season. But at San Fernando Valley-area malls, retailers are taking little for granted. Malls are facing increasing competition from new "big box" retail developments and the Internet. And shoppers themselves are more demanding.
BUSINESS
November 2, 1999 | BRAD BERTON
Macerich Co., a Santa Monica-based operator and owner of shopping malls, has acquired Santa Monica Place for about $130 million, and has sold a half-stake in three of its Southland malls collectively valued at about $550 million to a Canadian pension fund. Both transactions reflect Macerich's emphasis on "clustering" nearby centers to take advantage of buying efficiencies and marketing synergies.
CALIFORNIA | LOCAL
September 14, 2000 | DAN WEIKEL, TIMES STAFF WRITER
Attempting to resurrect a failed shopping area in the heart of downtown Long Beach, the City Council has cleared the way for a $75-million retail and residential complex on the site of a defunct redevelopment project.
CALIFORNIA | LOCAL
September 28, 1999 | BOB HOWARD, SPECIAL TO THE TIMES
As retailers head into what is traditionally their busiest time of year, San Fernando Valley shoppers won't only be heading for the malls. They'll also be heading for a proliferation of big-box stores like Wal-Mart and Costco, out-sized specialty retailers like Sport Chalet, and so-called "power centers" that include collections of both. While hardly any new regional malls have been built in recent years, free-standing big-box stores and power centers have been popping up all over the Valley.
CALIFORNIA | LOCAL
September 28, 1999 | IRENE GARCIA, TIMES STAFF WRITER
Walk into the Wal-Mart store at Panorama Mall and a greeter is certain to welcome you. But shoppers at the competing La Curacao store across the mall get more than a hello or a buenos dias. There's always festive salsa or merengue music, and on weekends customers can sample free food like pupusas and chuchitos. And the entire orientation of the store is for Latino customers--even the decor, which features stylized Mayan pillars and Aztec pyramids.
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