SAN DIEGO (KGTV) — Fashion Valley is undergoing a major transformation, according to Simon, the property owner.
A release said Simon is investing in a mixed-use development featuring 850 luxury apartments by AMLI Residential.
The project also includes plans for more upscale shopping, new restaurants and open green spaces.
A similar transformation is underway in Mission Valley. Last July, Westfield announced that itsold two properties, Mission Valley West and East, for $290 million.
“We've always thought there's a great opportunity to enhance the mall and create that vibrant mixed-use community,” Todd Majcher, Senior Vice President at Lowe, told 10News last year.
Fashion Valley is now the latest San Diego mall to adopt the ‘mixed-use’ trend of blending luxury living with luxury shopping.
Redevelopment in Fashion Valley is expected to start in late 2025 and finish by the end of 2026.