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2/05/26
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Shopoff Realty Investments has acquired the balance of the Westminster Mall in Westminster, totaling an additional 57.5 acres, ahead of its planned mixed-use redevelopment, Bolsa Pacific at Westminster. Shopoff previously acquired the mall’s 14.1-acre former Sears parcel in July 2022 and the 11.7-acre Macy’s parcel in August 2022. The balance of the mall was acquired from Washington Prime Group.
The new project site now totals 83.3 acres, currently housing the Westminster Mall and surrounding retail. The planned Bolsa Pacific at Westminster development aims to deliver approximately 2,250 housing units, including a mix of for-sale housing, as well as market-rate and affordable rental housing, to help address the growing demand for housing in the city of Westminster and neighboring communities.
The project will also include 120+ hotel keys, as well as more than 220k sf of placemaking retail. In addition, in response to the specific plan and community needs, the site will dedicate more than 15 acres to open space, including private resident spaces, open-air promenades, and a network of walking trails. Current entitlement plans have been submitted to the city for review, with anticipated approval in 2026.
“Creating a vibrant new community, complete with essential housing, retail spaces, a hotel, and 15 acres of open space has been long in the making. Bolsa Pacific will play a key role in strengthening Westminster’s economy and revitalizing the city and its surrounding neighborhoods,” said Shopoff Realty Investments President and CEO William A. Shopoff. “Through this project, we hope to realize a more cohesive master-planned development and be able to help shape a large part of the future of Westminster to better serve the greater community.”
Demolition of the existing mall is planned for Q1 2026, with Target continuing to operate during this time. Once the demolition and entitlements are completed, construction is anticipated to begin in Q4 2026. Shopoff was represented by Lee Aarons of Land Advisors.
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