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Aging Southern California Mall Joins List of Retail Centers Pivoting Beyond Shopping

Developer Gets Approvals for $130 Million Mixed-Use Overhaul in Laguna Hills
Owner Merlone Geier Partners obtained city approvals for a planned $130 million redevelopment of Laguna Hills Mall. (City of Laguna Hills)
Owner Merlone Geier Partners obtained city approvals for a planned $130 million redevelopment of Laguna Hills Mall. (City of Laguna Hills)
CoStar News
March 29, 2022 | 10:22 P.M.

Officials in Laguna Hills, California, approved plans for a $130 million mixed-used redevelopment of an aging regional mall, as developers nationwide look to trim risk by putting underused retail properties toward higher-demand uses including apartments.

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