CARLSBAD CA—Developer Caruso Affiliated says Nordstrom will serve as fashion anchor for its envisioned open-air retail, dining and entertainment promenade at the intersection of I-5 and Cannon Road.
The plans for a pedestrian-friendly promenade, covering approximately 585,000 square feet, reflect the community's desire to welcome high-quality retail to Carlsbad , the firm says.
The announcement on Tuesday came in the wake of the community-based Agua Hedionda 85/15 Plan filed last month with the city, which will conserve and create new access to 85% (176 acres) of the land along the south shore of the Agua Hedionda Lagoon and 15% of the land (26 acres) will be reserved for visitor retail.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.