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5/11/18
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A $180 mil redevelopment is well underway at Manhattan Village, the 44-acre, 573k sf indoor/outdoor mixed-use dining and retail center in the affluent South Bay city of Manhattan Beach. The property, located on Sepulveda Blvd at the southeast corner with Rosecrans, is owned by DWS.
The latest milestone is the completion on the interior renovation of the existing center. This includes all new flooring, skylights including an expanded clerestory that create a bright, airy canvas to showcase retailers; a new concierge in the center court and new touch screen directories to improve the shopper experience; new luxe seating areas; upgraded technology with work/charging stations; a new center court fountain and statement lighting; new restrooms; and enhanced landscaping throughout the center. Also completed were new facades for Ralph’s, CVS, Super Sports; relocation and new stores for Coffee Bean & Tea Leaf, See’s Candies and Union Bank in the Community Center of the property, located adjacent to the enclosed mall.
Facets of the redevelopment currently underway include construction of the four-story Northeast Parking Deck adjacent to the expanding Macy’s; construction of a new California Pizza Kitchen; the relocation of Wells Fargo to make way for a signature restaurant at the property’s main entrance; and the demolition of the former Coffee Bean & Tea Leaf and See’s Candies to make way for the south Village Shops and parking deck.
“Reaching this milestone is a big step in realizing our goal of creating the premier dining and shopping experience for residents of Manhattan Beach and surrounding communities," said JLL Senior General Manager Don Ziss, who oversees day-to-day operations of Manhattan Village. "Every detail has been carefully curated to reflect the sophisticated charm of the area. We look forward to our continued partnership with the city and residents in this great project."
Situated in one of the nation’s wealthiest beach communities, the redevelopment of Manhattan Village includes a 53.3k sf expansion of the open-air dining and retail space, adjacent to a fully renovated enclosed shopping center with an already strong tenant mix. A new full-service, upscale Macy’s will replace the existing two locations and become one consolidated 168k sf store.
When complete, the new Manhattan Village will be a 648k sf indoor-outdoor dining and shopping experience introducing modern luxury and coastal-chic, while embracing the allure and hometown feel of the West Coast lifestyle. The center is already home to several of the region's top retailers, including; Apple, Williams-Sonoma, Pottery Barn, Pottery Barn Kids, Macy's, Sephora, Victoria's Secret, Tommy Bahama, Kiehl's, and California Pizza Kitchen. The project is being developed in phases and is slated for full completion in 2020.
In addition to property management, JLL also oversees leasing at the center.
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