2001 - Redlands Mall (RXSQ)

Redlands Mall to be sold, redevloped

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): 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)
  • Riverside Press-Enterprise – Chicago firm buys Redlands Mall (Jan. 20)

Sources: Riverside Press-Enterprise (PE-20040110, 20040120)

2024 PAGE UPDATE: Added newspaper citations/inserts; removed outdated links to newspaper articles.

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