Overview
- The shopping center officially reopened Saturday after a 19-month cleanup and reconstruction that developer officials say cost more than $100 million.
- Crews removed smoke- and water-damaged materials down to the framing, treated wood for safety, and replaced walls, insulation, ductwork, and other systems before reopening.
- The center is about 99 percent leased with roughly two-thirds of prior tenants returning and about one-third new businesses, including Nancy Silverton’s Spacca Tutto and Elyse Walker’s namesake store.
- Caruso invested in nearby infrastructure work and the Los Angeles Board of Public Works unanimously approved a Pacific Palisades streetscape and beautification plan to support the Village’s recovery.
- Many residents remain displaced and home rebuilding is slow, and questions persist over the developer’s use of private firefighters during the 2025 blaze that destroyed thousands of structures.