Shopping mall in California, United States
Pacific View Mall
(formerly known as
Buenaventura Center
and
Buenaventura Plaza
) is a regional, enclosed mall located on the
West Coast
in
Ventura
,
California
. It covers a leasable area of almost 1,000,000 sq ft (93,000 m
2
).
Its current anchors include
Macy's
,
JCPenney
, and
Target
.
History
[
edit
]
The open-air Buenaventura Center was built between 1962 and 1965, with its first store,
The Broadway
, opening in September 1963. Inline stores, such as
Barker Brothers Furniture
, Kimo's Polynesian Shop,
F.W. Woolworth
and a
Vons
-Shopping Bag Supermarket, opened during 1964.
J.C. Penney
began business in November 1965.
A Teflon-coated, fiberglass enclosure was installed in 1983. During the 1990s, after 30 years in operation, the mall began to show its age as tenants began to move out, and the vacancy rate rose. MCA Buenaventura Associates LP, the owners at the time, tried to revitalize the mall by expanding the available retail space and acquiring new anchor department stores.
[
citation needed
]
In 1995, plans were announced to lure two major anchors:
Robinsons-May
and
Sears
, from the neighbouring
Esplanade Mall
in
Oxnard
. A year of tense political battles followed between
Oxnard
and
Ventura
and multiple lawsuits were filed. The pending litigation, along with debate regarding the mall's sales tax agreements, stalled the expansion negotiations with the major retailers.
[2]
In 1996, The Broadway was converted to Macy's.
JCPenney moved to a smaller store in the mall in 1999, and Robinsons-May took over its old space. Sears opened a new store in that same year.
At the end of 1996,
Macerich
purchased Buenaventura Mall, as part of a deal that included two other shopping centers in the area for $125 million.
[3]
Macerich, along with the old owners, continued to try to complete the project, and the proposals would drudge through the legal system for a few more years. In 2001, Macerich finally completed the expansion project, with a $89 million renovation that included the two new anchor department stores. The mall was renamed to
Pacific View Mall
during this time.
In 2006, the Robinsons-May store at the mall closed down after
Federated Stores
purchased
The May Department Stores Company
. Other tenants
around it at the north end of the mall had also left, leaving that part of the mall empty with many vacant spaces. It remained that way for over a year until 2007, when it was announced a new 2-story
Target
store would occupy the anchor space.
[4]
In order to fill the empty building space at the north extension - located separately outside of the mall, a new
Trader Joe's
grocery store opened, accompanied by
Staples
, BevMo! and a
Massage Envy
spa.
[5]
Later the old Barker Brothers furniture store was converted into 24 Hour Fitness.
In 2015,
Sears Holdings
spun off 235 of its properties, including the Sears at Pacific View Mall, into Serigate Growth Properties.
[6]
Larger tenants in the mall include
Hollister Co.
,
Victoria's Secret
,
H&M
,
Sephora
,
Old Navy
,
Macy's
and
American Eagle Outfitters
.
[7]
On November 7, 2019, it was announced that Sears would be closing this location a part of a plan to close 96 stores nationwide. The store closed on February 2, 2020.
[8]
On November 14, 2019, it was announced that
Forever 21
would be closing as part of a plan to close 111 stores nationwide. The store closed in January 2020.
[9]
References
[
edit
]
- ^
a
b
"Leasing Information"
. Macerich
. Retrieved
2011-02-11
.
- ^
Miguel Bustillo; Duncan Martell (May 26, 1995).
"Esplanade Mall May Be In for a Struggle..."
Los Angeles Times
.
- ^
Tracy Wilson (December 20, 1996).
"Buenaventura Mall Sold to Subsidiary of Macerich Co"
.
Los Angeles Times
.
- ^
Jim McLain (June 8, 2007).
"Target coming to Pacific View mall"
.
Ventura County Star
.
- ^
"PACIFIC VIEW PREVIEWS NEW LOOK FOR NORTH END"
(Press release). Macerich. September 16, 2010. Archived from
the original
on March 10, 2011
. Retrieved
February 11,
2011
.
- ^
"At Pacific View | Seritage"
.
seritage.com
. Retrieved
2019-11-16
.
- ^
"Pacific View | Directory"
.
www.shoppacificview.com
. Retrieved
2019-11-16
.
- ^
Tyko, Kelly; Bomey, Nathan (November 7, 2019).
"Sears and Kmart store closings: 51 Sears, 45 Kmart locations to shutter. See the list"
.
USA Today
. Retrieved
November 7,
2019
.
- ^
"See the list of Forever 21 stores closing in Southern California"
. 10 December 2019.
External links
[
edit
]