2001 - Redlands Mall (RXSQ)

Redlands Mall to be sold, redeveloped

It appears the Redlands Mall will be no more as a sale to a Newport Beach-based developer appears imminent.

The buyer, Hopkins Real Estate Group, has ambitious plans for the 12-acre site. Plans call for replacing the mall with an urban village development that will include both commercial and residential. Such a development should fit very nicely within the existing historic downtown area, itself a modest form of an urban village.

“We’re going to make it a town center and make it a great place to live and work,” Larry Weese, a partner with the Newport Beach-based Hopkins Real Estate Group, said by phone.

… The new mall could resemble the Santana Row project in San Jose or Paseo Colorado in Pasadena, Weese said. 

Riverside Press-Enterprise – January 10, 2004

The proposed development is all part of Redlands’ recent efforts at maintaining the vibrancy of the downtown district. The city has plans for 2 parking structures and is actively pursuing the addition of a high-end, business-class hotel. The mall’s site is seen as a primary component in the city’s overall plans for the downtown area.

Opened in 1977, the Mall anchors the west end of downtown Redlands’ State Street historic district. Tiny by traditional indoor mall standards, the approximately 200,000 square-foot mall has helped keep the downtown district brimming with activity during its 25-plus years.

The mall’s primary tenant over the years has been a Harris-Gottschalks.

UPDATE (January 20, 2004): Chicago firm buys Redlands Mall:

General Growth finalized the $14.3 million sale of the nearly 180,000-square-foot mall Friday, Freibaum said. The Newport Beach-based Hopkins Real Estate Group had been named as the potential mall buyer but now will be assisting General Growth with its plans, he said.

Bernie Freibaum, chief financial officer for General Growth Properties

Riverside Press-Enterprise – January 20, 2004

Related

  • Riverside Press-Enterprise – ‘Urban Village’ set for mall site (Jan. 10) | Chicago firm buys Redlands Mall (Jan. 20)

Sources: Riverside Press-Enterprise (PE-20040110, 20040120); NOTE: Published dates for some online versions of newspaper articles cited may not match their archival source date.

2024 PAGE UPDATE: Added newspaper citations/inserts; removed outdated links to newspaper articles.

Similar Posts

  • Contract dispute halts work on ‘Malfunction Junction’

    After years of waiting for reconstruction of the 60/91/215 freeway interchange in downtown Riverside — AKA “Malfunction Junction” — drivers will have to wait even longer as a recent contract dispute between Caltrans and the primary contractor (Washington-Obayashi) has halted work on the $318 million project. After a year of commitment, the contractor on the…

  • Instant Riverside

    A new day is about to begin for local news within Inland Southern California as a new venture — one which may very well change how we receive local news in the future — is about to debut. It’s called: InstantRiverside.com and it’s set to launch May 4th. Managed by veteran journalist Craig Fiegener —…

  • Giant Orange ArtVenture

    This weekend marks the last time you’ll be able to see all (or nearly all) of the large “art” oranges in downtown Riverside as the very successful “The Giant Orange Artventure” is coming to an end. Last June, after many months of artistic preparation, 32 fiberglass oranges were “planted” in various locations throughout downtown. Each…

  • |

    Is streetcar service in Riverside’s ‘reconnected’ future?

    A special and unique appearance of a light rail car in downtown Riverside on Thursday gave residents a chance to view the possible future of transportation in Riverside. It also brought back the idea of Southern California’s once grand, Pacific Electric streetcar system, which formerly ran lines down Main, Market, Seventh (Mission Inn) and Magnolia…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.