Valencia Town Center Explained

Valencia Town Center
Address:24201 Valencia Boulevard
Santa Clarita, California 91355
Opening Date:1992
Manager:Centennial Realty
Owner:Centennial Real Estate Management
Number Of Stores:170+
Number Of Anchors:7 (6 open, 1 vacant)
Floor Area:1099201square feet
Floors:2
Parking:4,312

Valencia Town Center, formerly Westfield Valencia Town Center from 2005 to 2023, is a shopping mall in the neighborhood of Valencia in Santa Clarita, California. Centennial Realty currently owns the mall since September 1, 2023. The previous owner, Westfield Group had acquired a quarter-interest in the property in 2002[1] and a further quarter-interest in 2005, thereafter assuming management control.[2] The mall was then renamed Westfield Valencia Town Center.

Anchor stores include Macy's (first opened as May Company, later became Robinsons-May in 1993 until Macy's in 2006), JCPenney, Forever 21, Regal Cinemas, H&M, and Gold's Gym with one vacant anchor last occupied by Sears, which closed in March 2018.[3] In 2008, an expansion to the mall was added, replacing portions of a parking lot. The 1st half opened on November 18, 2009, while the rest opened on November 11, 2010.

In 2019, Westfield Valencia Town Center proposed a new “The Patios Connection” project at the former Sears site, which would include a luxury cinema, gym, Costco, and gas station. The proposed Costco would include a 275-space, rooftop parking lot. In April 2021, the project was canceled.[4] [5]

On January 12, 2023, a man was seen trespassing outside the Macy's entrance. After receiving the call, a LASD deputy shot the man after an alleged attack near the outside Macy's entrance at around 11 p.m. The man was taken to the hospital and later died. The deputy was also transported with injuries and was later released.[6]

External links

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Notes and References

  1. News: Bob . Howard . . January 29, 2002 . Westfield to Gain Stakes in 3 Malls: The firm will acquire MainPlace in Santa Ana plus interests in Century City Shopping Center and Valencia Town Center in Santa Clarita in Rodamco buyout.
  2. Web site: Orest . Mandzy . Commercial Real Estate Direct . February 3, 2005 . Westfield Pays $69.2Mln for 25 Percent Stake in Valencia Town Center.
  3. News: Darmiento. Laurence. April 1, 2002. Spotlight on Valencia. 2021-04-25. Los Angeles Business Journal.
  4. Web site: Westfield drops Costco plan; city leaders disappointed by cancellation. Santa Clarita Valley Signal. 2021-04-19. 2021-04-25.
  5. Web site: Patios Expansion at Westfield Valencia Town Center Canceled San Fernando Valley Business Journal. 2021-11-10. www.sfvbj.com.
  6. Web site: 2023-01-12 . Deputy fatally shoots man after alleged attack near Macy's at Valencia mall . 2023-09-08 . ABC7 Los Angeles . en.