Pacific View Mall

Pacific View Mall
Location Ventura, California, USA
Coordinates 34°16′11″N 119°14′55″W / 34.2698°N 119.2487°WCoordinates: 34°16′11″N 119°14′55″W / 34.2698°N 119.2487°W
Address 3301-1 E Main St
Opening date November 12, 1964
Developer Broadway-Hale Stores and Gordon L. MacDonald
Management Macerich
Owner Macerich
No. of stores and services 145[1]
No. of anchor tenants 4
Total retail floor area 970,424 sq ft (90,155.3 m2)[1]
No. of floors 2
Website www.shoppacificview.com

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 is the largest shopping center in Ventura County, and covers a leasable area of almost 1,000,000 sq ft (93,000 m2). It was aptly renamed for its nearby view of the Pacific Ocean, overlooking Pierpont Bay.

Its current anchors include Macy's, Sears, JCPenney, and most recently a Target store.

History

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 Von's-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.

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]

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. 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]

Most recently, in order to fill the empty buildings at the north extension - located separately outside of the mall - Macerich announced that a new Trader Joe's grocery store will open there, accompanied by Staples, BevMo! and a Massage Envy spa. In addition, there will be upgraded "architectural details" to add appeal to the general area near the vacant lot.[5]

Former Anchors

Current Anchors

References

  1. ↑ 1.0 1.1 "Leasing Information". Macerich. Retrieved 2011-02-11.
  2. ↑ Miguel Bustillo; Duncan Martell (May 26, 1995). "Esplanade Mall May Be In for a Struggle...". Los Angeles Times.
  3. ↑ Tracy Wilson (December 20, 1996). "Buenaventura Mall Sold to Subsidiary of Macerich Co.". Los Angeles Times.
  4. ↑ Jim McLain (June 8, 2007). "Target coming to Pacific View mall". Ventura County Star.
  5. ↑ "PACIFIC VIEW PREVIEWS NEW LOOK FOR NORTH END" (Press release). Macerich. September 16, 2010.

External links