Palisades Village to Reopen in 2026 After Wildfire-Related Closure
- Billionaire developer Rick Caruso announced on May 28 that Palisades Village in Pacific Palisades will fully reopen by mid-2026 after wildfire-related closure.
- The closure followed January wildfires that destroyed Elyse Walker's longtime flagship store and severely damaged the surrounding community, requiring extensive cleanup and rebuilding.
- Caruso’s company plans to invest roughly $50 million upgrading the nearly 125,000-square-foot shopping center and surrounding streetscape, including new sidewalks, lighting, landscaping, and a public park reconstruction.
- Elyse Walker’s 5,000-square-foot flagship store is set to open again in the spring or summer of next year at the main entrance of the Village on Sunset Boulevard, with additional community events and new tenants gradually returning to the area.
- The revitalization aims to restore the retail district, generate jobs, and support recovery, with Caruso confident the Village will regain prior visitor levels and community vibrancy.
21 Articles
21 Articles
Palisades Village slated to reopen in 2026
The Palisades Village, a luxury open-air shopping center in Pacific Palisades, is slated to reopen in mid-2026, marking another step forward in the community's recovery from the Palisades Fire. The announcement was made on Wednesday by billionaire developer Rick Caruso, owner of the shopping center. The approximately 3-acre, 125,000-square-foot shopping center, which houses 42 businesses and services, has been closed since January's wildfire lev…
Caruso unveils plans to rebuild the Palisades; steps underway to bring community back after wildfire
As fire debris is cleared and Pacific Palisades begins its transition from a disaster zone to a massive construction site, restaurants and stores have begun to reopen.

Palisades Village to reopen in 2026 after wildfire-related closure
Palisades Village, the popular open-air shopping and dining destination in the heart of the Pacific Palisades, is set to reopen mid-2026. Billionaire developer Rick Caruso unveiled that timeline Wednesday, May 28, while announcing a slate of broader revitalization efforts aimed to restore both the Village and the surrounding community. The nearly 125,000-square-foot complex, home to more than 40 businesses and services, has been closed since the…


Palisades Village to reopen with Elyse Walker rebuilding flagship store
Developer Rick Caruso announced that his Palisades Village will reopen next year. Elyse Walker said her flagship store, elysewalker, will also open there.
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