Overview
- The outdoor Palisades Village shopping center will reopen Saturday after roughly 18 months of closure following the Palisades Fire.
- Caruso’s team spent more than $100 million on remediation and interior rebuilding after private firefighting crews protected the property but heavy smoke contaminated many spaces.
- The developer reports 99% of storefronts are leased, about 70% of businesses will open immediately, and the rest will return over the next few months.
- Caruso has framed the reopening as a personal mission and a catalyst for recovery and has publicly criticized some commercial neighbors for delaying their reopenings while praising city offices for speeding inspections.
- The reopening offers a visible boost for a community that still faces deaths, thousands of damaged or lost homes, displaced residents and insurance and permitting hurdles that will shape how quickly people can return.