PACIFIC PALISADES—Developer Rick Caruso announced that Palisades Village will officially reopen on Saturday, August 15, after being closed since January 2025 as a result of the Palisades Fire. The outdoor shopping center was closed for 19 months, marking the end of one of the community’s best-known gathering places being unavailable to residents.
The center itself survived the blaze because it had a private fire department, private water tanks, and fire-retardant materials.
While buildings in the shopping center survived, the site required extensive repairs and environmental remediation to remove contaminants left behind by smoke, ash, and fire debris. Crews worked to tear the buildings down to the studs in order to treat the wood and rebuild the walls. Caruso indicated the process cost more than $100 million in repairs and environmental remediation before Palisades Village could safely reopen to the public.
Caruso framed the reopening as a symbolic win for the broader Pacific Palisades community, which is still in the early stages of rebuilding. In a video posted to his YouTube channel, Caruso said, “The stores are going to be open, the restaurants are going to be open, and this community is back, and it will be growing.”
Caruso indicated the reopening will bring back many longtime local businesses alongside new tenants. The center is about 99 percent leased, with roughly one-third of tenants new to the property. The Village, which first opened in 2018, is set to reopen on Saturday, August 15, with events starting at 10 a.m. and a “big surprise” planned for later in the evening, as Caruso described.
