Find in the news:
BY COUNTRY

An ultramodern urban project will appear in place of the aging mall



In San Diego, California, the former Costa Verde mall will be transformed into an ultra-modern building with a hotel and biotechnology laboratory.
Costa_Verde_San-Diego

The history of Costa Verde, which is located near the Westfield UTC Mall, began relatively recently - in 1989. Originally it was a typical shopping center with stores, McDonald's, and Chevron gas station, a little different from many others. And now it became known about the approval of a plan according to which the frankly outdated mall will be completely transformed. For this purpose, the center company Regency Centres owner will team up with Alexandria Real Estate, a well-known developer in the region. 

The recently approved project involves constructing 16 500 square meters of retail space, 37 000 square meters of office space, and a hotel with 200 rooms. An exciting addition will be the construction of a biotechnology laboratory, which will join an already wide range of scientific and technical premises in San Diego, built with the participation of Alexandria Real Estate. Only McDonald's and the gas station will remain untouched. The possibility of laying a four-sided bike path was also considered, but this idea was eventually abandoned.

The idea is to abandon the classic approach to malls, just shopping and entertainment spaces with snack bars. Costa Verde will be a professional center with offices and laboratories, where you can also make purchases. It is possible that against the coronavirus pandemic's backdrop, many other shopping malls, whose attendance has fallen sharply in recent months, will experience a similar transformation.

The cost of the project is not disclosed. It is assumed that it will exceed 230 million dollars - this is how much its early version was estimated before Alexandria Real Estate entered the business.

More about shopping malls in the USA



TODAY, USA:
Footwear brand Kizik is set to launch its inaugural experiential pop-up store in New York.
Apr 19, 2024, China:
Livat Xi’an is the largest foreign commercial property investment into Shaanxi Province.
Apr 18, 2024, United Kingdom:
To celebrate the launch, the brand introduced the series with exclusive limited-time offers.
Apr 17, 2024:
Adidas has raised its full-year profit guidance following an exceptional performance in the first quarter of 2024.
Apr 15, 2024, Germany:
KaDeWe filed for insolvency at the end of January due to issues within Signa Group.
Apr 12, 2024, USA:
The Meeting Place spans approximately 256,000 square feet and includes Saluhall along with other offerings like Hej!Workshop.
Friend
and Follow
I Viali GLA:452 084 SF
ADDRESS: Via Dei Cacciatori 111 - 10042 Nichelino TO - Piemonte
Italy . Torino
I Viali
Liberty Center GLA:828 821 SF
USA . Cincinnati
Liberty Center
South Coast Plaza GLA:2 800 000 SF
ADDRESS: 3333 Bristol St, Costa Mesa, CA 92626
USA . Los Angeles
South Coast Plaza
Woodfield Mall GLA:2 200 000 SF
ADDRESS: 5 Woodfield Mall, Schaumburg, IL 60173
USA . Schaumburg
Woodfield Mall


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us