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Westfield San Francisco Centre Set to Open

SAN FRANCISCO-The $460-million redevelopment of the landmark Emporium site on Market Street opens this weekend, tripling the size of Westfield San Francisco Centre to 1.5 million sf.

By Brian K. Miller | Updated on September 23, 2006

(For more retail coverage, click GlobeSt.com/RETAIL.)

SAN FRANCISCO-The $460-million addition to Westfield San Francisco Centre opens at the end of the week, adding 950,000 sf to the existing 500,000-sf mall. The transformation of the landmark Emporium site by Forest City Enterprises and Westfield Group adds among other things a 357,000-sf Bloomingdale’s department store, the first new ground-up Bloomingdale’s on the West Coast and the largest outside of Manhattan. The site retains only the Emporium’s facade and its 102-foot-wide skylit dome built in 1908.

San Francisco Centre opened in 1988, anchored by what was then the largest Nordstrom in the nation. In 1996, the adjoining Emporium closed after its parent, Broadway Stores, was acquired by Federated Department Stores. The following year, the REIT Urban Shopping Centers Inc. acquired a half interest in the property as well as the management assignment. Westfield Group acquired the REIT in 2002 and the following year cut a joint venture agreement with Forest City Enterprises, which had acquired the redevelopment rights to the Emporium site from Federated.

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