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Del Amo Fashion Center
USINFO | 2013-10-29 13:27
Del Amo Fashion Center is a two-level regional shopping mall in Torrance, California, USA. It is currently managed and co-owned by Simon Property Group.
With a current gross leasable area (GLA) of 2.2 million ft², it is one of the largest shopping malls in the United States. The mall features the world famous International Food Court, seven anchor stores, including three Macy's locations, JCPenney&Sears, more than 314.5 retailers, multiple full-service restaurants, a fitness center and an AMC Theatres multiplex.
In 2003 The Mills Corporation acquired Del Amo Fashion Center from the Guilford Glazer Family for $420 million (USD). Subsequently Mills sold a half-interest in the property to institutional investor funds managed by JPMorgan Fleming, before initiating a $160 million redevelopment including demolition and redevelopment the former northeast wing where Montgomery Ward had been located, the renovation of 670,000 ft² (62,000 m²) of existing space and the addition of another 100,000 ft² (9,300 m²). Robinsons-May converted to a second full-line Macy's on September 9, 2006. This second store, called Macy's South Del Amo, is expected to be closed in the future and be rehabilitated as mall retail space. No definitive commitments have been made as to a timeline for these events. Many consumers have agreed that there is no need for three Macy's stores in the same mall.
The new open-air lifestyle center opened on September 14, 2006, bringing new specialty stores, dining, entertainment, and an AMC Theatres 18-screen multiplex to the mall. Crate & Barrel opened a home furnishings store along the mall perimeter in spring 2007, replacing an International House of Pancakes restaurant and a Sushi Boy store, which were both torn down. A In 2007, The Mills Corporation was jointly acquired by Simon Property Group and Farallon Capital Management. Simon assumed management of Del Amo Fashion Center at this time. In April 2008, the mall's website is under the Simon.com format along with sister Simon/Mills malls, like Ontario Mills, Hilltop Mall, the Block at Orange and Great Mall.
On March 18, 2010, Simon Properties announced that they would embark on a $200M multiyear remodel on the mall. Two years later, on February 24, 2012, it is announced that plans for the Del Amo Mall upgrade have been announced. However, they focused on the northern side, which is north of Carson. They also have preliminary plans for the southern side, which will be discussed in the near future. In the first quarter of 2013, Del Amo is expected to undergo renovation on the North side of the mall. Work on this side is expected to be completed by mid-late 2014.
In Film
The Del Amo was a central location, and plot element, of the Quentin Tarantino film Jackie Brown. In addition the film was prominently featured in the Martha Coolidge film Valley Girl.
With a current gross leasable area (GLA) of 2.2 million ft², it is one of the largest shopping malls in the United States. The mall features the world famous International Food Court, seven anchor stores, including three Macy's locations, JCPenney&Sears, more than 314.5 retailers, multiple full-service restaurants, a fitness center and an AMC Theatres multiplex.
In 2003 The Mills Corporation acquired Del Amo Fashion Center from the Guilford Glazer Family for $420 million (USD). Subsequently Mills sold a half-interest in the property to institutional investor funds managed by JPMorgan Fleming, before initiating a $160 million redevelopment including demolition and redevelopment the former northeast wing where Montgomery Ward had been located, the renovation of 670,000 ft² (62,000 m²) of existing space and the addition of another 100,000 ft² (9,300 m²). Robinsons-May converted to a second full-line Macy's on September 9, 2006. This second store, called Macy's South Del Amo, is expected to be closed in the future and be rehabilitated as mall retail space. No definitive commitments have been made as to a timeline for these events. Many consumers have agreed that there is no need for three Macy's stores in the same mall.
The new open-air lifestyle center opened on September 14, 2006, bringing new specialty stores, dining, entertainment, and an AMC Theatres 18-screen multiplex to the mall. Crate & Barrel opened a home furnishings store along the mall perimeter in spring 2007, replacing an International House of Pancakes restaurant and a Sushi Boy store, which were both torn down. A In 2007, The Mills Corporation was jointly acquired by Simon Property Group and Farallon Capital Management. Simon assumed management of Del Amo Fashion Center at this time. In April 2008, the mall's website is under the Simon.com format along with sister Simon/Mills malls, like Ontario Mills, Hilltop Mall, the Block at Orange and Great Mall.
On March 18, 2010, Simon Properties announced that they would embark on a $200M multiyear remodel on the mall. Two years later, on February 24, 2012, it is announced that plans for the Del Amo Mall upgrade have been announced. However, they focused on the northern side, which is north of Carson. They also have preliminary plans for the southern side, which will be discussed in the near future. In the first quarter of 2013, Del Amo is expected to undergo renovation on the North side of the mall. Work on this side is expected to be completed by mid-late 2014.
In Film
The Del Amo was a central location, and plot element, of the Quentin Tarantino film Jackie Brown. In addition the film was prominently featured in the Martha Coolidge film Valley Girl.
