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$150M Retail Reno Proves Retail Is Changing

MANHATTAN BEACH, CA—The Manhattan Village Shopping Center is undergoing a major renovation to the interior mall to better serve the evolving retail consumer in the affluent community.

Manhattan Village The property sits on 44 acres and totals 573,000 square feet.

MANHATTAN Village, CA—Manhattan Village Shopping Center in Manhattan Beach is undergoing a $150 million renovation to better serve the surrounding community. The shopping mall was originally built in the 1980s, and is a 44-acre 573,000-square-foot mixed-use center.

“Our vision is simply to bring new life to a wonderful asset. Manhattan Village was originally built in the 1980′s and has for many years been a favorite shopping and dining choice for a broad mix of visitors,” Steve Yenser, EVP at JLL retail, tells GlobeSt.com. “The redevelopment plan gives us a chance to rebalance and rejuvenate the center with more retail and restaurant choices, better flow, added parking and amenities that will embrace the indoor-outdoor lifestyle and showcase the sophisticated casual charm of Manhattan Beach.” Yenser is leading the leasing efforts and managing the renovation.

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Kelsi Maree Borland

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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