SACRAMENTO-Westfield Corp. has dropped its plans to expand Sacramento’s Downtown Plaza two blocks eastward, and has also dismissed its plan to move its movie theater tenant, Century Theatres, to a new 16-screen cinema on K street between Seventh and Eighth streets, just outside Downtown Plaza.

Trying to buy out property owners on K Street was a major hardship for the development company, who eventually threw in the towel on both plans. Apparently, the property owners were demanding too much money.

Westfield has decided to find a place in the existing plaza that will supply Century with enough screens to compete with suburban mega-theaters.

At a recent city council meeting, K Street was named as one of the largest pieces of unfinished business left in the downtown redevelopment area, with millions of dollars spent on it over the last few years.

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?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

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

  • Free unlimited access to'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 and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.