The Macerich Co. has set the opening date for its $265 million makeover of the Santa Monica Place retail center.
This story first appeared in the May 11, 2009 issue of WWD. Subscribe Today.
The redesigned oceanside mall in Santa Monica, Calif., is to launch on Aug. 6, 2010, along with the first Bloomingdale’s SoHo concept store outside of Manhattan. A new Nordstrom will follow on Aug. 27, 2010.
The enclosed Frank Gehry-designed mall is undergoing a major revamp to turn the structure, built in 1980, into an indoor-outdoor lifestyle center adjacent to the Third Street Promenade retail strip.
The center was slated to debut in fall 2009, but Macerich said earlier this year it would delay the opening until the launch of anchor tenants Bloomingdale’s and Nordstrom. Reconstruction of the 550,000-square-foot retail center began in April 2008.
Other tenants signed for the project include Arthur, BCBG Max Azria, Coach, Ed Hardy, Ilori, Joe’s Jeans, Love Culture, Kitson, Michael Brandon, R.O.C. Republic of Couture, Shuz and True Religion.
The opening announcement comes amid a slew of stalled or cancelled retail projects and closures in Los Angeles, including further delay of the troubled Grand Avenue project downtown and closure of luxury retailers such as Sergio Rossi, Lambertson Truex and Mulberry.
The work at Santa Monica Place includes pulling the roof off the old mall and adding an open-air walkway and rooftop dining deck with a panoramic view of the Pacific Ocean.