(Save the date: RealShare L.A. comes to the Hyatt Regency Century Plaza in Los Angeles, CA on March 27, 2013)
TORRANCE, CA-Those who follow @GlobeStcom on Twitter and @GlobeStLIVE may have seen a post teasing the announcement, but GlobeSt.com has learned that Simon Property Group Inc. recently revealed plans to redevelop the 2.3-million-square-foot Del Amo Fashion Center here. In addition, Seattle-based Nordstrom Inc. plans to relocate its full-line store at South Bay Galleria to Del Amo Fashion Center. The new store will be 138,000 square-feet on two levels, and is expected to open in 2015.
Simon Property Group tells GlobeSt.com that it cannot disclose redevelopment costs at this early state in a project, but notes that the arrival of Nordstrom is just “one of many significant upgrades Simon will undertake over two years.”
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