Latest News About Santa Monica Place

Updated 2026-05-12 18:06

Santa Monica Place has been undergoing management shifts and renewal efforts in recent years, with new leadership aiming to revitalize the outdoor mall ahead of major regional milestones (including the 2028 Olympics). Reports at the time highlighted attempts to attract new retailers and restaurants and to reposition the property after ownership and loan issues, emphasizing its connection to nearby Third Street Promenade and the broader Santa Monica retail district. For the latest updates, you may want to check local Santa Monica outlets such as the Santa Monica Daily Press or Santa Monica Mirror, as they frequently cover downtown retail news and developments around Santa Monica Place.[1][2][3][6][8]

If you’d like, I can summarize more recent articles from specific outlets or set up a quick news brief focusing on management changes, tenant announcements, and occupancy trends.

Sources

Year in review June: City gets sued and problems at Santa ...

Santa Monica grappled with significant business changes and community developments in June, while celebrating diversity and addressing public safety concerns. Macerich Co. defaulted on the Santa Monica Place mortgage, returning the iconic shopping mall to its lender after owning it since 1999, highlighting ongoing challenges in the downtown retail sector.

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News Binge: The Week's News in One Place

Retail giants shed Downtown Santa Monica assets Locally-based shopping mall behemoth Macerich Co. has defaulted on the $300 million mortgage loan it has for the Santa Monica Place, ultimately returning it to the lender and bidding farewell to the iconic shopping mall it has owned since 1999. Macerich Chief Financial

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