Real estate news

Reimagining Bayside Living: Could Apartments Be Coming to Simi Valley Town Center?

CEO Khai Intela

Remember those whispered rumors about apartments coming to the Simi Valley Town Center? Well, guess what – they're back! The City of Simi Valley is once again buzzing with talks of giving our beloved mall...

Remember those whispered rumors about apartments coming to the Simi Valley Town Center? Well, guess what – they're back! The City of Simi Valley is once again buzzing with talks of giving our beloved mall a major facelift, potentially transforming it into a vibrant hub with both shopping and living spaces.

Imagine strolling out of your stylish bayside apartment and straight into a shopper's paradise. That's one of the exciting possibilities being explored by the city and The Festival Cos., the mall's managing partner. The idea of adding residential units to the Town Center isn’t brand new, but after overcoming some initial hurdles, things seem to be back on track.

While some city council members have expressed concerns about maintaining the mall's primary purpose as a shopping destination, there's a shared understanding that adapting to the changing retail landscape is crucial for its survival.

Let's delve into the exciting potential changes and what they could mean for our community!

A Blast from the Past: The Rise, Fall, and Potential Rebirth of a Shopping Center

Remember when the Simi Valley Town Center first opened its doors in 2005? It was the place to be! But over time, the retail landscape shifted, leaving our once-bustling mall facing challenges.

Empty chairs ring a plaza at the Simi Valley Town Center. Developers are considering adding residential units to the shopping mall, which has struggled at times since opening in 2005.

Fast forward to today, and we're looking at a potential turning point. With the ownership of two key Macy's buildings consolidated under The Festival Cos., those initial roadblocks are gone! This opens up a world of possibilities for breathing new life into the Town Center, including the potential for both apartments and even a hotel.

Bayside Apartments: A New Vision for the Town Center?

Council member Mike Judge envisions a vibrant mix of condominiums and townhomes integrated into the Town Center, creating a dynamic live-work-play environment.

The Macy.

This idea isn't without its critics, though. Finding the right balance between residential and retail spaces will be key to ensuring the mall remains a central hub for our community, not just a residential zone.

A Hotel on the Horizon?

But wait, there's more! Across the street from the Town Center, there's a proposal for a brand-new hotel. Imagine the convenience – visitors could shop, dine, and relax all within a stone's throw! This new development could bring a surge of visitors and energy to our town center.

A family walks toward the tower at the Simi Valley Town Center mall. Developers have been talking to city officials about adding residential units to the shopping center, where some storefronts stand vacant.

Reimagining the Future of Our Town Center

While there’s no crystal ball to tell us exactly what the future holds, one thing is certain: our city leaders are committed to creating a thriving, vibrant Town Center that meets the evolving needs of our community. What do you envision for the future of Simi Valley Town Center?

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