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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.
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NBC LA broke the news in Los Angeles, United States on Wednesday, May 28, 2025.
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