The new stores and restaurants are expected to open in twophases this fall, followed additional openings of new retailers in2009. The lower level of the new lifestyle expansion will featurefashion and accessory stores for juniors and young adults, as wellas several options for fast-casual dining, while the upper levelwill feature women's lifestyle and fashion retailers.

Macerich calls its repositioning of the Oaks property "the firstsignificant changes in the center's 30-year history." The openingsthis fall will follow the Sept. 5 opening of Ventura County's firstNordstrom, a 138,000-sf store at the Oaks, where Macerich earlierthis year opened a new food court and restrooms, an outdoor diningpatio and a multi-level parking deck.

Construction on the multi-phase expansion and redevelopmentproject began in the spring of 2007 at the Oaks, which is locatedoff the Ventura Freeway (Highway 101). Including the new lifestyleexpansion, approximately 130,000 sf of new retail space will beadded to the center, including the first Muvico Theatres venue onthe West Coast. The reconfigured property will feature more than180 speciality stores upon completion of the project. Its majorretailers include Macy's Women's, Macy's Men's, Home &Children's, JCPenney and Nordstrom.