ANAHEIM : Schedule Set for Redeveloping Mall
- Share via
Plans to renovate Anaheim Plaza, the county’s oldest and one of its least-visited malls, took a step forward this week when the city adopted a timetable for redeveloping the site.
During a six-month negotiation period, the city and mall owners will outline a master plan for the 350-acre redevelopment area just off Interstate 5 at Euclid Street. Plans may include adding a movie theater complex, a hotel and office space.
“This is a great schedule for some great progress on Anaheim Plaza,” said Councilman Tom Daly.
The plans aim to increase sales at the mall to $200 million annually, about four times the business it currently does. About one-third of the stores are vacant in the 36-year-old mall, which is owned by the California State Teachers Retirements System.
The city has hoped to transform the mall into a specialty center, possibly housing an IKEA furniture store and other shops with an international theme.
During the six-month period, which may be extended 45 days if necessary, the city and a consultant hired by the mall owner will select an architect, a developer, determine a master plan for the area, develop a financing scheme and negotiate the final terms of the redevelopment agreement.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
