OAKS TO GAIN NORDSTROM?Byline: Rachel Uranga Staff Writer THOUSAND OAKS Thousand Oaks, residential city (1990 pop. 104,352), Ventura co., S Calif., in a farm area; inc. 1964. Avocados, citrus, vegetables, strawberries, and nursery products are grown. - Seattle-based Nordstrom Inc. is expected to announce today that it will build one of its landmark high-end 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. in The Oaks 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 , city officials said Wednesday. The project, part of a renovation of the 90-acre indoor mall, still must be cleared by the city Planning city planning, process of planning for the improvement of urban centers in order to provide healthy and safe living conditions, efficient transport and communication, adequate public facilities, and aesthetic surroundings. Commission. Officials estimate it would generate $1 million a year in sales-tax revenue for the city. ``It's going to be magnificent when it is done. It's going to be the premier mall in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, . There is no question about it,'' said Bob Wilson Bob Wilson is the name of:
A person who acts as a temporary substitute serves pro tem. . Officials from Santa Monica-based Macerich Co., which last year paid about $150 million to purchase the mall from TrizecHahn Corp. and the California State Teachers Retirement Fund, could not immediately be reached for comment. City officials refused to release any details about the project, but said the city did not commit any funds to securing a deal. Nordstrom officials said they were unable to comment. City officials refused to release any details about the project, but said the city did not commit any funds to securing a deal. ``We don't comment on store locations until there is a signed letter of intent. There is no signed letter of intent,'' said Deniz Anders, a spokeswoman for the retailer. The company did announce Wednesday that it had signed a lease with the Irvine Spectrum to open a 125,000-square-foot store in fall 2005. Earlier this year, the company unveiled plans to move and expand its store at Westfield Shoppingtown Topanga in Canoga Park, paving the way for a three-level, 200,000-square-foot store. The expected announcement drew rave reviews from those inside Thousand Oaks City Hall, who have watched mall owners court the high-end retailer for years. ``It's the next logical step in the evolution of Thousand Oaks. It will more accurately reflect our demographics. It caters to middle- and upper-income professionals,'' said Scott Mitnick, assistant city manager. Currently, the 1 million-square-foot Oaks mall generates $2.3 million in sales-tax revenue annually, about 10 percent of all the city's tax revenue. Adding a Nordstrom would attract shoppers from the upscale Malibu neighborhood and across the Conejo Valley The Conejo Valley is a region spanning both Southeastern Ventura County and Northwest Los Angeles County in Southern California, United States. It was discovered in 1542 by Spanish explorer Juan Rodriguez Cabrillo, and eventually became part of the Rancho El Conejo land grant by and increase sales-tax receipts without costing the city, Mitnick said. Thousand Oaks alone boasts lucrative shoppers that retailers such as Nordstrom find attractive, he said. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. analysis by economic development director Gary Wartik, the city's median family income is $105,000. ``We hope that Nordstrom does make the decision to locate at The Oaks shopping center,'' said Janet Levett, president of the Thousand Oaks-Westlake Chamber of Commerce. ``It will encourage everyone to shop local.'' Rachel Uranga, (805) 583-7602 rachel.uranga(at)dailynews.com |
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