Greater San Fernando Valley retail centers: ranked by gross leasable area.EXECUTIVE SUMMARY THERE is a new mall in town: The Simi Valley Town Center Simi Valley Town Center is a shopping center located in Simi Valley, California. The mall opened in 2005 with Macy's and Robinsons-May as anchor stores. The Robinsons-May store was converted into a Macy's Men and Home Store on September 9, 2006. with 600,000 sq. feet of retail stores including Macy's Macy's formerly R.H. Macy & Co., Inc. Major U.S. department-store chain. Its former flagship, an 11-story store that occupies a city block in New York City's Herald Square, was for many years the largest single store in the country. Rowland H. , Coach, White House/Black Market and more opened October October: see month. 27th of this year. The Town Center is projected to generate more than $3.6 million in new retail sales tax sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government. , property tax and business license taxes for the city annually and provide more than 3,000 new, full- and part-time part-time adj. For or during less than the customary or standard time: a part-time job. part jobs. Adjacent to the Town Center is the Simi Town & Country, a mixed-use mixed-use adj. Containing or zoned for commercial and residential facilities or development: a 40-story mixed-use tower; a mixed-use parcel of land. center that will include residential, office and retail buildings. The Town Center and Town & Country Project was developed by a partnership with The Corti Gilchrist Gilchrist is a surname, and may refer to
Westfield Westfield. 1 City (1990 pop. 38,372), Hampden co., SW Mass., a residential and industrial suburb of Springfield, on the Westfield River; settled c.1660, inc. as a city 1920. Bicycles, machinery, and paper and metal products are made. Shoppingtown Topanga is currently undergoing expansion. The remodeled Topanga is slated to open in the Fall of 2006 with 100 new stores including a new Neiman Marcus Neiman Marcus U.S. department-store chain. It was founded in Dallas, Texas, in 1907 by Herbert Marcus, his sister Carrie Marcus Neiman, and her husband, A.L. Neiman. (scheduled to open in 2008), an expanded Nordstrom Nordstrom, Inc. (NYSE: JWN) is an upscale department store chain in the United States which was initially a shoe retailer, the company today also sells clothing, accessories, handbags, jewelry, cosmetics, fragrance, and home furnishings. and a two-story Target. The center's new parking structure is now open, but while construction continues, portions of the parking lots and driveways will be closed to traffic. The list includes forward-looking for·ward-look·ing adj. Concerned with or making provision for the future: forward-looking educators; a forward-looking corporate plan. Adj. 1. information resulting from announced plans by' Federated Connected and treated as one. See federated database and federated directories. Department Stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. Inc. to close or rename Re`name´ v. t. 1. To give a new name to. Verb 1. rename - assign a new name to; "Many streets in the former East Germany were renamed in 1990" Robinsons-May stores to Macy's units as a result of Federated's acquisition of May Department Stores The May Department Stores Company was a department store chain founded in 1877 by David May in Leadville, Colorado. Its headquarters moved to St. Louis, Missouri in 1905, and the company went public in 1911. Co. Those changes are slated to begin next year. Vanessa Herman THE PACESETTER Northridge Fashion Center Northridge Fashion Center is a large shopping mall located in Northridge, California. It opened in 1971. It was severely damaged during the Northridge Earthquake in 1994, but renovated extensively in 1995 and 1998. THE largest retail shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into in the San Fernando Valley San Fernando Valley Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills. area is Northridge Fashion Center with 1.5 million square feet. Since its opening in 1971, the Northridge mall This article is about a mall in Salinas, California. For the dead mall in Milwaukee, Wisconsin, see Northridge Mall (Milwaukee). Northridge Mall, located in Salinas, California, serves as Monterey County's largest shopping mall. was renovated in 1995 after the damage from the 1994 Northridge Earthquake The Northridge earthquake occurred on January 17, 1994 at 4:31 AM Pacific Standard Time in the city of Los Angeles, California. The earthquake had a "strong" moment magnitude of 6. and expanded in 1998 in its North End with the 10 screen Pacific Theatres, Borders Books and Circuit City, among others. Northridge mall offers on-site location filming opportunities and has had a number of clients that have used its property including Warner Bros BROS Brothers BROS Benefits and Retirement Operations Section (King County, Washington) BROS Barnes and Richmond Operatic Society (London, UK) . and 20111 Century Fox. Both "The West Wing" and "24" have been shot at the Northridge mall. The mall also offers a "Kid's Club" which is tree for children ages 1-8 to watch puppet puppet, human or animal figure, generally of a small size and performing on a miniature stage, manipulated by an unseen operator who usually speaks the dialogue. shows, music and live entertainment the 1st and 3rd Thursday of each month at 10:30AM in the food court. The season for the Farmer's Market, that opens every Wednesday in the afternoon, will end October 26th. General Growth Properties General Growth Properties (NYSE: GGP) is a publicly traded real estate investment trust in the United States. It is based in Chicago, Illinois. History The company was founded by two brothers, Martin and Matthew Bucksbaum, in 1954. Inc., a Chicago-based real estate investment trust owns Northridge Fashion Center, along with the Glendale Galleria The Glendale Galleria is a large 3 story regional shopping mall located in Glendale, Los Angeles County, California. It is the second largest mall in Los Angeles County. It is located in Downtown Glendale. (Number 2), Burbank Town Center (Number 3) and Fallbrook Center (Number 7). Vanessa Herman
GREATER SAN FERNANDO VALLEY RETAIL CENTERS
Ranked by gross lesable area
Rank Retail Center Size
* address * gross leasable area
* city/ZIP (square feet)
* number of stores
1 Northridge Fashion Center 1,449,463
9301 Tampa Ave. 170
Northridge 91324
2 Glendale Galleria 1,320,825
2148 Glendale Galleria 250
Glendale 91210
3 Burbank Town Center 1,240,673
201 E. Magnolia Blvd. 105
Burbank 91501
4 The Oaks 1,086,222
222 West Hillcrest Drive 140
Thousand Oaks 91360
5 Westfield Shoppingtown Topanga (1) 1,030,700
6600 Topanga Blvd. 139
Canoga Park 91303
6 Antelope Valley Mall 940,000
1233 Rancho Vista Blvd 153
Palmdale 93551
7 Fallbrook Center 882,749
6633 Fallbrook Ave. 30
West Hills 91307
8 Westfield Valencia Town Center 860,500
24201 W. Valencia Blvd. 201
Valencia 91355
9 Westfield Shoppingtown Fashion Square 843,200
14006 Riverside Drive 120
Sherman Oaks 91423
10 Westfield Shoppingtown Promenade 614,500
6100 Topanga Canyon Blvd. 56
Woodland Hills 91367
11 Burbank Empire Center 613,906
1800 Empire Ave 37
Burbank 91504
12 Simi Valley Town Center (2) 600,000
1555 Simi Town Center Way 120
Simi Valley 93065
13 Camarillo Premium Outlets 454,600
740 E. Ventura Blvd. 120
Camarillo 93010
14 Panorama Mall 324,959
8401 Van Nuys Blvd. 67
Panorama City 91402
15 Promenade at Westlake 210,000
140 Promenade Way 31
Thousand Oaks 91362
16 Calabasas Commons 198,388
4799 Commons Way 38
Calabasas 91302
Rank Income Anchors
* median household
income
1 $524,863 (3) JC Penney, Macy's, Pacific Theaters,
Sears (6)
2 44,131 (3) JC Penney, Macy's, Mervyn's,
Nordstrom (6)
3 41,934 (3) Ikea, Macy's, Mervyn's, Sears
4 90,986 (4) Macy's, JC Penney (6,7)
5 39,153 (5) Nordstrom, Macy's, Sears (6)
6 52,688 (4) Dillard's, Harris Gottschalks,
JCPenney, Mervyn's, Sears
7 57,410 (3) Kohl's, Mervyn's, Sport Chalet, Target
8 81,649 (5) JC Penney, Sears, Macy's (8)
9 57,394 (5) Bloomingdale's, Macy's
10 66,392 (5) Macy's, Barnes & Noble, AMC Theatres
11 49,099 Target, Lowe's, Staples
12 105,000 (4) Macy's (7)
13 92,588 (5) Off 5th-Saks Fifth Ave, Donna Karan,
Barney's New York Outlet
14 43,661 (4) La Curacao, Wal-Mart
15 90,053 (5) Mann Theatres, Bristol Farms
16 108,568 (5) Edwards Cinemas, Ralphs
Rank Profile Web Site
* year opened
* parking spaces
1 1971 www.northridgefashioncenter.com
6,963
2 1976 www.glendalegalleria.com
6,214
3 1991 www.mediacitycenter.com
5,720
4 1978 www.shoptheoaksmall.com
4,500
5 1964 www.wesffield.com
5,448
6 1990 www.av-mal.com
5,500
7 1966 www.generalgrowth.com
5,266
8 1992 www.wesffield.com
5,822
9 1962 www.wesffield.com
4,035
10 1971 www.wesffield.com
2,662
11 2001 www.zeiman.com
2,801
12 2005 www.simivalleytc.com
2,800
13 1995 www.premiumoutlets.com
WND
14 1980 www.panoramamall.com
1,469
15 1996 www.shoppromenade.com
1,206
16 1998 www.shopcommons.com
1,068
Rank Owner/Developer
* headquarters
* mall phone
1 General Growth Properties
Chicago
(818) 885-9700
2 General Growth Properties
Chicago
(818) 246-6737
3 General Growth Properties
Chicago
(818) 566-8556
4 Macerich Co.
Santa Monica
(805) 495-4628
5 Westfield Corp. Inc.
Los Angeles (8)
(818) 594-8732
6 Forest City Enterprises Inc.
Cleveland
(661) 266-9422
7 General Growth Properties
Chicago
(818) 885-9700
8 Westfield Corp. Inc.
Los Angeles (9)
(661) 254-0213
9 Wesffield Corp. Inc.
Los Angeles (9)
(818) 783-0550
10 Westfield Corp. Inc.
Los Angeles (9)
(818) 594-8732
11 Zelman Development Co.
Los Angeles
(213) 533-8100
12 Forest City Enterprises Inc.
Cleveland
(216) 621-6060 (10)
13 Chelsea Property Group
Roseland, N.J.
(805) 445-8520
14 Macerich Co.
Santa Monica
(818) 894-9258
15 Caruso Management Co.
Calabasas
(818) 222-3444
16 Caruso Management Co.
Calabasas
(818) 222-3444
WND: Would not disclose
(1) Scheduled expansion, parking under construction, will open over 100
new stores slated at Fall 2006.
(2) Opened on Thursday, October 27, 2005.
(3) From center data.
(4) From center data using area in a 5 mile radius.
(5) From Allied Van Lines City Profiles data based on ZIP code of
center.
(6) Current anchor, Robinsons-May, is one of the units planned to close
as part of consolidation plans resulting from Federated Department
Stores Inc.'s acquisition of May Department Stores Co.
(7) Plans underway to add Nordstrom as part of mall expansion.
(8) Current anchor, Robinsons-May, to be converted to Macy's nameplate
in 2006.
(9) U.S Headquarters, headquarters is located in Australia.
(10) Mall phone not yet available.
Notes: Information for this list provided by the representatives and
websites of the owners/developers, the Los Angeles Business Journal and
Allied Van Lines City Profiles. Retail centers are ranked by total
gross leasable square footage.
To the best of our knowledge, this information is accurate as of press
time. While every effort is made to ensure the accuracy and
thoroughness of the list, omissions and typographical errors sometimes
occur. Please send corrections or additions on company letterhead to
the Research Department, San Fernando Business Journal, 21600 Oxnard
St., Suite 250, Woodland Hills 91367. [c]2005 San Fernando Valley
Business Journal. This list may not be reprinted in whole or in part
without prior written permission from the editor. Reprints are
available from Wright's Reprints, (877) 652-5295 ext. 104 or e-mail
jmartin@wrightsreprints.com.
Researched by Vanesssa Herman
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