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Valencia Town Center

Valencia Town Center
Main entrance in 2019
Map
Address24201 Valencia Boulevard
Santa Clarita, California 91355
Opening date1992
DeveloperJMB Realty
ManagementCentennial Realty
OwnerCentennial Real Estate Management
No. of stores and services170+
No. of anchor tenants7 (6 open, 1 vacant)
Total retail floor area1,099,201 sq ft (102,119.1 m2)
No. of floors2
Parking4,312
Websitewww.valenciatowncenter.com

Valencia Town Center is a shopping mall in the neighborhood of Valencia in Santa Clarita, California. Centennial Realty has owned the mall since September 1, 2023. The previous owner, Westfield Group had acquired a quarter-interest in the property in 2002[1] and a further quarter-interest in 2005, thereafter assuming management control.[2] The mall was then named Westfield Valencia Town Center from 2005 to 2023.

Anchor stores include Macy's (first opened as May Company, later became Robinsons-May in 1993 until Macy's in 2006), JCPenney, Forever 21, Regal Cinemas, H&M, and Gold's Gym with one vacant anchor last occupied by Sears, which closed in March 2018.[3] In 2008, an expansion to the mall was added, replacing portions of a parking lot. The 1st half opened on November 18, 2009, while the rest opened on November 11, 2010.

In 2019, Westfield Valencia Town Center proposed a new “The Patios Connection” project at the former Sears site, which would include a luxury cinema, gym, Costco, and gas station. The proposed Costco would include a 275-space, rooftop parking lot. In April 2021, the project was canceled.[4][5]

References

  1. ^ Howard, Bob (January 29, 2002). "Westfield to Gain Stakes in 3 Malls: The firm will acquire MainPlace in Santa Ana plus interests in Century City Shopping Center and Valencia Town Center in Santa Clarita in Rodamco buyout". Los Angeles Times.
  2. ^ Mandzy, Orest (February 3, 2005). "Westfield Pays $69.2Mln for 25 Percent Stake in Valencia Town Center". Commercial Real Estate Direct.
  3. ^ Darmiento, Laurence (April 1, 2002). "Spotlight on Valencia". Los Angeles Business Journal. Retrieved April 25, 2021.
  4. ^ Alvarenga, Emily (April 19, 2021). "Westfield drops Costco plan; city leaders disappointed by cancellation". Santa Clarita Valley Signal. Retrieved April 25, 2021.
  5. ^ Welk, Hannah Madans (April 20, 2021). "Patios Expansion at Westfield Valencia Town Center Canceled". San Fernando Valley Business Journal. Retrieved November 10, 2021.

34°24′54″N 118°33′29″W / 34.415°N 118.558°W / 34.415; -118.558


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