13
Jul

Rick Caruso Officially Revamping Pacific Palisades Village Area

Palisades

Pacific Palisades is one of the very few cities in the Los Angeles area that has high ranking public schools (9s & 10s for elementary, middle and high school according to Great Schools) & a small town feel. Although small, this area attracts big time celebrities & heavy hitters in all industries not only because of it’s charm & great schools, but also because of it’s close proximity to the beach, hiking trails & its Palisades Village. At the center of this small town, this Village Area is set for a re-vamp and looks like that’s going to be happening very soon.

Rick Caruso, the developer of the popular Grove at Farmer’s Market & Americana at Brand, has had his sights set on giving it a face lift for some time now. Geared to make this the new and exciting hub of the area, Caruso has just received final approval from the Los Angeles City Council for this 116,000 square foot project.

Located on Swarthmore and Sunset Blvd, the project will feature a movie theater, grocer, community space, retail and eight apartment units. With Caruso at the helm, this project will surely be attractive and revitalize what some would say a tired village scene. Work will begin this August and completion is anticipated for the summer of 2018.

Give us a ring or shoot us an email if you’d like to know more about this project and real estate in this area.

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