Overview
- Owner Rick Caruso announced on Wednesday that Palisades Village will reopen to the public on August 15 after closing following the January 2025 wildfire.
- Caruso and reporting say the 125,000-square-foot open-air center underwent about $100 million of remediation and reconstruction, including removing contaminants, stripping buildings to the studs, treating wood and rebuilding walls and systems.
- Management reports the center is 99% leased with most former tenants returning and roughly one-third of shops and restaurants new to the property, including eateries from Gino Angelini and Nancy Silverton.
- The reopening is planned as a quiet, soft return rather than a large celebration out of sensitivity to displaced residents and local losses.
- The mall’s revival may help local businesses and draw customers from surrounding neighborhoods, but permits show slow residential progress in the Palisades area with many homeowners still displaced and few homes approved for occupancy.