Fashion Valley (shopping mall)

Fashion Valley (also referred to Fashion Valley Mall) is an upscale, open-air shopping mall in Mission Valley in San Diego, California. The shopping center has 1,720,533 sq ft (159,842.7 m2) of leasable floor area, making it the largest mall in San Diego and one of the largest in California. It is managed by the 50% owner Simon Property Group.

Fashion Valley Mall
Fashion Valley Mall logo
Fashion Valley Mall
LocationSan Diego, California, United States
Coordinates32.76725°N 117.16817°W / 32.76725; -117.16817
Address7007 Friars Rd.
Opening dateOctober 12, 1969
DeveloperThe Hahn Company
ManagementSimon Property Group
OwnerSimon Property Group (50%) / Lend Lease
No. of stores and services196[1]
No. of anchor tenants5
Total retail floor area1,720,533 sq ft (159,842.7 m2)[1]
No. of floors2 (3 in Bloomingdales, Macy’s, Neiman Marcus, and Nordstrom)
Public transit accessFashion Valley Transit Center
Websitewww.simon.com/mall/fashion-valley

History

Launch (1969)

Fashion Valley, developed by Ernest W. Hahn at a cost of $50 million, opened on October 12, 1969, (September 8 soft launch) on a 78-acre (32 ha) site part of which had held the baseball stadium Westgate Park. Aiming to be the leading shopping center in the San Diego region, it opened with 3 full-line department store anchors:[2]

Within a year, the center would add a two-story J. C. Penney (225,000 square feet (20,900 m2), opened Fall 1970), a Joseph Magnin specialty department store and a Woolworth discount store or five and dime (opened March 1970). At opening, the center had around a 1,000,000 square feet (93,000 m2) of gross leasable area, parking for 6,000 cars and a Spanish architectural theme, with quarry and red Spanish-style tile and a 50-foot (15 m)-high tower by sculptor Jerry Mahoney.[3]

Since its opening, the mall has undergone several expansions and changes.

1980s

The first major renovation was in August 1981 added Nordstrom and Neiman Marcus, establishing Fashion Valley as the fashion leader in the valley. The Joseph Magnin chain went out of business in 1984.

1990s

In 1991, Buffum's closed, and their location was reopened in 1992 by upscale specialty San Francisco department store I. Magnin. However, the upscale company eventually closed all stores in the mid-90s, and the Fashion Valley location was replaced by Saks Fifth Avenue in 1995. Robinson's became a Robinsons-May in 1993, while The Broadway was purchased by Macy's in 1996, rebranding it as a Macy's store with fashion departments only (chain's home and furniture departments are found at Westfield Mission Valley's location, formerly Bullock's).

In October 1997, Gene Kemp led a $110 million renovation project, enlarging the Macy's, Nordstrom and Robinsons-May stores. It increased the mall size to 1,720,533 square feet (159,842.7 m2), 200 stores, and added 5 parking structures to accommodate 8,000 cars. In 2001, the owner of the property, Lend Lease Prime Property Fund, brought in Simon Property Group as half-owner and manager of the property.[4]

2000s

Due to the merger of May Department Stores and Federated Department Stores in 2006, Robinsons-May closed their store in March of that year, and the location was replaced by San Diego's first Bloomingdale's on November 18, 2006.[5]

2010s

Due to underperformance, Saks Fifth Avenue closed its Fashion Valley location on July 17, 2010.[6] The space was replaced with and still houses a Forever 21.

In 2019, the Simon Property Group announced another renovation inspired by 'San Diego's relaxed lifestyle' that would add public spaces, landscaping, a broader selection of dining, outdoor "lounges" and water features. This would be the largest renovation done to the center since the 90's, Renovations were completed by November 2021.[7][8] RDC provided architectural design services.[9]

Anchors

Mexican customer base

Fashion Valley is one of many shopping centers in the San Diego area which has customers from both Tijuana (a city of more than 2 million bordering the City of San Diego, 20 miles to the south of Fashion Valley), and visitors from the interior of Mexico (such as Mexico City), as an important part of its customer base. In 1977, 10% of transactions were with Mexican nationals.[10] In 2019 Simon Malls again reiterated the importance of its customers visiting from Mexico.[7]

Fashion Valley Mall was involved in a legal case involving the quasi-public nature of some private property. The printers union wanted to distribute leaflets in the mall encouraging patrons to boycott Robinsons-May, because Robinsons-May was an advertiser in the San Diego newspaper with which the printers union was negotiating. The court held that this activity was protected and allowed on the property, even though the action was contrary to the business interests of the targeted tenant.[11] The decision is based on article 1 section 2 of the California Constitution.

See also

References
  1. "Fashion Valley". Simon Property Group, Inc. Retrieved 2011-02-10.
  2. "Formal Opening Set for Fashion Valley Stores". Los Angeles Times. August 31, 1969. p. 68.
  3. "36 Specialty Shops Open Now to Greet Public", San Diego Union-Tribune, October 12, 1969
  4. "Simon Property Group Purchases 50% Stake in San Diego's Fashion Valley Mall from Lend Lease's Prime Property Fund". Simon Property Group, Inc.
  5. "Federated Announces Strategic Decisions to Integrate May Company Acquisition; Company to Focus on Building the Macy's and Bloomingdale's Brands While Increasing Profitability". BusinessWire.
  6. "Saks Incorporated to close Saks Fifth Avenue store in San Diego, California". TheStreet.com.
  7. Horn, Jonathan (November 12, 2019). "Fashion Valley poised for multimillion dollar renovation". ABC 10 News San Diego.
  8. Simon Property, Group. "New Next On Its Way".
  9. RDC Fashion Valley
  10. Murià Tuñón, Magalí (2010). "Enforcing boundaries : globalization, state power and the geography of cross- border consumption in Tijuana, Mexico" (PDF). Thesis, University of California, San Diego: 100.
  11. Fashion Valley Mall, LLC v. NLRB, 172 P. 3d 742 - Cal: Supreme Court 2007
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.