New Retail Player Jumps Into L.A.-Area Fray

After years of litigation, debate and a voter referendum, the $400 million Americana at Brand lifestyle center in downtown Glendale, Calif., is set to open next month amid another challenge — the economic slowdown.

The 16-acre center in the Los Angeles suburb includes about 475,000 square feet of retail space for 75 shops, an 18-screen multiplex theater, 100 luxury condominiums and 238 apartments renting from $2,200 to $5,500 a month.