Business & Tech
Palisades Village To Reopen After $100M Fire Restoration
The shopping and dining center has been closed since the January 2025 Palisades Fire.
PACIFIC PALISADES, CA — Palisades Village will reopen to the public Aug. 15 after more than $100 million in renovations and cleanup work following the Palisades Fire, owner Rick Caruso announced Wednesday.
The outdoor shopping and dining center survived the January 2025 wildfire that devastated Pacific Palisades, but it required extensive repairs and environmental remediation after smoke, ash and debris left contaminants behind.
Caruso announced the reopening date on Instagram, saying the center would reopen the morning of Aug. 15.
Find out what's happening in Pacific Palisadesfor free with the latest updates from Patch.
The center’s restoration included stripping buildings to their frames, treating wood and rebuilding walls and interiors so shops and restaurants could return.
Find out what's happening in Pacific Palisadesfor free with the latest updates from Patch.
“Everybody’s working, and stores are moving their products in,” Caruso told the Los Angeles Times. “It’s a really cool feeling that people have really locked arms and are working together.”
Palisades Village, which first opened in 2018, is now 99 percent leased, according to Caruso. Most former tenants are returning, while nearly one-third of the businesses will be new to the property.
Longtime local businesses including Loomey’s Toys and K Bakery are expected to reopen at the center, along with Elyse Walker and Angelini Ristorante & Bar, Caruso said.
Fashion designer Elyse Walker previously announced plans to reopen her namesake store at Palisades Village after her longtime flagship location on Antioch Street was destroyed in the fire.
Loomey’s Toys owner Amanda Rastegar, whose shop was also lost in the wildfire, told the Times she was unsure whether there would be a place to return.
“It’s been a journey and I’m excited because I wasn’t sure that there was going to be a place to come back to,” Rastegar told the newspaper. “Hopefully we can bring some of that magic back.”
Chef Gino Angelini also plans to reopen Angelini Ristorante & Bar next month, though he told the Times the restaurant will return quietly out of respect for residents still recovering from the disaster.
“We won’t do a big celebrity open,” Angelini told the newspaper. “We want to have a very soft opening and see our customers come back.”
New tenants will include chef Nancy Silverton’s Italian steakhouse Spacca Tutto and LESET’s first West Coast location.
The Palisades Fire destroyed 6,822 structures, including more than 5,500 homes and about 100 commercial buildings, according to the California Department of Forestry and Fire Protection.
Caruso previously credited the center’s survival to private firefighters and fire-resistant construction materials.
He said he hopes the reopening will help Pacific Palisades recover by restoring one of the community’s central gathering places.
“It is a testament to the resilience and spirit of this community,” Caruso wrote.
City News Service contributed to this report.
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