EL CAJON, CA-The City Council in this East County city has approved plans for a two-story Wal-Mart near the Regal Cinema.

Mall owner Westfield America Inc. will build a 178,000-sf building in a project valued at $30 million. Wal-Mart will lease all but 18,000 sf of additional shops, to be attached to the mall.

Wal-Mart and Westfield officials said the discount store should open in about 18 months following this week’s approval of the deal.

However, Wal-Mart must first receive the unanimous consent of mall anchors J.C. Penney, Mervyn’s, Robinsons-May and Sears.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.