Located in the heart of historic Pasadena, Paseo Colorado stretches across three city blocks. Bordered by Colorado Boulevard, Green Street, Marengo Avenue and Los Robles Avenue, the project stands on the former site of Plaza Pasadena. "They basically demolished Plaza Pasadena and built from the ground up," says Julie Grieve, a Paseo Colorado spokesperson. "The only thing still standing (from Plaza Pasadena) is the Macy's."
"The development of Paseo Colorado has been exceptional, both from a construction and a leasing standpoint," says Lee H. Wagman, TrizecHahn's president and CEO. "With Paseo Colorado's space over 90% committed, this project will bring to the community a mix of acclaimed retailer and restaurateurs that reflect the unique character of the destination and the strength of Pasadena's sophisticated customer."
The retail and entertainment space is anchored by Amadeus Spa & Salon, Equinox Fitness Clubs, Macy's, Pacific Theatres Paseo 14 and Gelson's The Super Market. Around 75% of the retailers are new to Pasadena, including Coach, Betsey Johnson, Max Studio, Brookstone and MAC Cosmetics. All but a handful of shops and restaurants will open today.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.