• 0
  • Home
  • About Us
  • What We Do

Shopping Cart

GPAM
  • Home
  • About Us
  • What We Do

Westminster poised to redevelop 100-acre mall

Westminster Mayor Mayor Tri Ta with Westminster Mall (Tri Ta for Assembly, Google Maps, Getty)
Westminster Mayor Mayor Tri Ta with Westminster Mall (Tri Ta for Assembly, Google Maps, Getty)

Westminster has hatched a plan to turn its 100-acre shopping mall into 3,000 homes and 1.2 million square feet of shops and restaurants.

The City Council voted to support a specific plan to guide a makeover of the 48-year-old mall at 1025 Westminster Mall, the Orange County Register reported.

The plan will guide proposals from four unidentified property owners for the 1.2 million-square-foot indoor mall along the 405 Freeway at Bolsa Avenue and Edwards Street..

The north Orange County city aims to build 3,000 apartments in mixed-use complexes across the mall’s vast parking lot, of which 10 percent would be affordable.

The revamped mall would include a minimum of 600,000 square feet of shops and restaurants, and up to 1.2 million square feet of retail.

Building heights would be limited to three or four stories near the local streets, which are next to single-family neighborhoods, and could rise up to 10 stories near the 405 Freeway.

The middle of the development would include housing, hotels, office buildings, medical offices and nearly 10 acres of parks, as well as promenades and biking and walking paths.

“We have housing, hotel, retail – I don’t know what else that we need,” Mayor Tri Ta said. “I think this is a great opportunity.”

“We all have dreamed of having a downtown,” Councilman Carlos Manzo added. “This can be our downtown.”

The Westminster Mall opened in 1974 on what had once been the world’s largest goldfish farm, with a May Co., Sears and Buffums, followed by a J.W. Robinsons. The mall, remodeled in 2008, now includes a JCPenny, Macy’s and Target.

In July, Irvine-based Shopoff Investments paid $46.3 million to buy the former Sears at the Westminster Mall, which includes a now-vacant store and 14.1-acres of the retail center.

The city began to outline a plan for a mall makeover in 2018, but was slowed by the onset of the pandemic.

A revamp of the mall would follow the redevelopment of malls across Southern California and the nation, as the retail market shifts to e-commerce. Experts estimate that one in five of the more than 1,000 U.S. malls will remain as malls, with many converted into retail-housing villages.

Across Southern California, developers are eying mall makeovers in Redlands, San Bernardino, Woodland Hills, Northridge, Panorama City, Whittier and Baldwin Hills.

— Dana Bartholomew

[contact-form-7 404 "Not Found"]
Read more
  • US mall values plummeted by one-third in 4 years
  • Shopoff Realty buys former Sears space at Westminster Mall for $46M 
  • Retail-to-residential conversions are in cards at America’s doomed malls

The post Westminster poised to redevelop 100-acre mall appeared first on The Real Deal Los Angeles.

Powered by WPeMatico

  • 06 December 2022
  • The Real Deal
  • Uncategorized
  •  Like
Quarter-acre lot in Corona del Mar trades for $9M →← Reuben Brothers delay foreclosure on Century Plaza
  • Recent Posts

    • Hoteliers sound the alarm on looming distress  May 24, 2025
    • Growth markets see retail boom even with tariff uncertainty May 24, 2025
    • Westchester resi project gets city OK after union drops objection May 23, 2025
    • WATCH: ‘Father of CMBS’ Ethan Penner to run for governor of California May 23, 2025
    • Fashion Island office fetches $756 psf May 23, 2025
  • Recent Comments

    • Archives

      • May 2025
      • April 2025
      • March 2025
      • February 2025
      • January 2025
      • December 2024
      • November 2024
      • October 2024
      • September 2024
      • August 2024
      • July 2024
      • June 2024
      • May 2024
      • April 2024
      • March 2024
      • February 2024
      • January 2024
      • December 2023
      • February 2023
      • January 2023
      • December 2022
      • November 2022
      • October 2022
      • September 2022
      • August 2022
      • July 2022
      • June 2022
      • May 2022
      • April 2022
      • March 2022
      • February 2022
      • January 2022
      • December 2021
      • November 2021
      • October 2021
      • September 2021
      • August 2021
      • July 2021
      • June 2021
      • May 2021
      • April 2021
      • March 2021
      • February 2021
      • January 2021
      • December 2020
      • November 2020
      • October 2020
      • September 2020
      • August 2020
      • July 2020
      • June 2020
      • May 2020
      • April 2020
      • March 2020
      • February 2020
      • January 2020
      • December 2019
      • November 2019
      • October 2019
      • September 2019
      • August 2019
      • July 2019
      • June 2019
      • May 2019
      • April 2019
      • March 2019
      • February 2019
      • January 2019
      • December 2018
      • November 2018
      • October 2018
      • September 2018
      • August 2018
      • July 2018
      • June 2018
      • May 2018
      • April 2018
      • March 2018
      • February 2018
      • January 2018
      • December 2017
    • Global Property and Asset Mangement, Inc.
      137 North Larchmont
      Los Angeles, California 90010
      +1 213-427-1127

    © 2025 GPAM