Find in the news:
BY COUNTRY

Westfield unveils Warner Center's Promenade mall redevelopment plan



Residents of the new development would have access to 244,000 square feet of retail space.
The city of Woodland Hills has long desired to upgrade the Warner Center’s function and reputation. That plan has received a major shot in the arm with the announcement of the proposed development of a massive mixed use project on the site of Warner Center’s Promenade Mall. 

Westfield Corp., the current owner of the property, has released information regarding the details of the project. Residents of the new development would have access to 244,000 square feet of retail space, including a grocery store and a pharmacy. Leisure options will include an entertainment and sports complex steps away from their front doors, and there will be many front doors available. Besides the 1,432 residential units, plans include two hotels featuring a combined 572 guest rooms. The proprietors hope the mixture of residential, entertainment, and retail offerings – along with 600,000 square feet of available office space - will attract young professionals and entrepreneurs to the area. 

Revitalization is exactly what Warner Center needs. Built in 1973, the Promenade Mall was billed as an upscale shopping mecca. It has, however, been plagued by negative publicity and vendor complaints. The bad blood between Westfield and the mall’s vendors came to a head in 2015. A lawsuit claimed that Westfield has failed to maintain the structure, causing retailers to leave and business for those remaining to decline. It is estimated that the building is currently 80% vacant. 

Warner Center's Promenade mall

While Westfield is not listed as the developer on the permit application, the company has not only maintained ownership of the mall but has also recently purchased both the attached AMC theater and former Macy’s building. The statement released by Westfield after the last purchase reinforces the company’s dedication to the success of the neighborhood as well its plans to take the property in a new direction, claiming that the acquisition “underscores Westfield’s long-term belief in the strength of L.A.’s Warner Center, while providing the company a unique opportunity to consider a range of prospects and alternatives over time.”

Westfield has shown a seemingly renewed commitment to the revitalization of the area. Westfield Topanga, an indoor shopping center in Canoga Park, was recently renovated. The company also opened The Village at Westfield Topanga with even more shopping, dining, and entertainment options. If everything goes according to plan, it would appear that the new Warner Center development on the site of the decaying Promenade Mall could entice a new group of people looking for the ideal place to live, work, and play.

More about shopping malls in the USA



YESTERDAY, USA:
The rate of traffic recovery in U.S. malls is rapidly increasing, getting closer and closer to pre-quarantine levels.
May 14, 2021, USA:
The largest U.S. retailer is putting more effort into gaining a stronger foothold in the fashion market.
May 13, 2021, Italy:
Diesel has announced a new phase of its For Responsible Living sustainability initiative, Diesel Library.
May 12, 2021, USA:
L Brands does not intend to sell its women's lingerie brand Victoria's Secret and separate it into a separate public company.
May 11, 2021, USA:
Charlie and Dixie D'Amelio will be the faces of a new clothing brand for teens called Social Tourist.
May 11, 2021, USA:
There is something of a state of euphoria in the actions of shoppers who have had the opportunity to return to shopping malls.
Friend
and Follow
Madrid Xanadú GLA:1 184 030 SF
ADDRESS: Autovía A5, salidas 22 y 25 - 28939
Spain . Madrid
Madrid Xanadú
Charlotte Premium Outlets GLA:400 000 SF
ADDRESS: 5404 New Fashion Way Suite 100, Charlotte, NC 28278
USA . Charlotte
Charlotte Premium Outlets
Liberty Center GLA:828 821 SF
USA . Cincinnati
Liberty Center
Arkadia GLA:1 184 030 SF
ADDRESS: Aleja Jana Pawla II 82, 00-175
Poland . Warsaw
Arkadia


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