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Valencia Town Center

Coordinates: 34°24′54″N 118°33′29″W / 34.415°N 118.558°W / 34.415; -118.558
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Valencia Town Center
Main entrance in 2019
Map
Address24201 Valencia Boulevard
Santa Clarita, California 91355
Opening date1992
DeveloperJMB Realty
ManagementCentennial Realty
OwnerCentennial Real Estate Management
No. of stores and services170+
No. of anchor tenants7 (6 open, 1 vacant)
Total retail floor area1,099,201 sq ft (102,119.1 m2)
No. of floors2
Parking4,312
Websitewww.valenciatowncenter.com

Valencia Town Center is a shopping mall in the neighborhood of Valencia in Santa Clarita, California. Centennial Realty has owned the mall since September 1, 2023. The previous owner, Westfield Group had acquired a quarter-interest in the property in 2002[1] and a further quarter-interest in 2005, thereafter assuming management control.[2] The mall was then named Westfield Valencia Town Center from 2005 to 2023.

Anchor stores include Macy's (first opened as May Company, later became Robinsons-May in 1993 until Macy's in 2006), JCPenney, Forever 21, Regal Cinemas, H&M, and Gold's Gym with one vacant anchor last occupied by Sears, which closed in March 2018.[3] In 2008, an expansion to the mall was added, replacing portions of a parking lot. The 1st half opened on November 18, 2009, while the rest opened on November 11, 2010.

In 2019, Westfield Valencia Town Center proposed a new “The Patios Connection” project at the former Sears site, which would include a luxury cinema, gym, Costco, and gas station. The proposed Costco would include a 275-space, rooftop parking lot. In April 2021, the project was canceled.[4][5]

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References

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  1. ^ Howard, Bob (January 29, 2002). "Westfield to Gain Stakes in 3 Malls: The firm will acquire MainPlace in Santa Ana plus interests in Century City Shopping Center and Valencia Town Center in Santa Clarita in Rodamco buyout". Los Angeles Times.
  2. ^ Mandzy, Orest (February 3, 2005). "Westfield Pays $69.2Mln for 25 Percent Stake in Valencia Town Center". Commercial Real Estate Direct.
  3. ^ Darmiento, Laurence (April 1, 2002). "Spotlight on Valencia". Los Angeles Business Journal. Retrieved April 25, 2021.
  4. ^ Alvarenga, Emily (April 19, 2021). "Westfield drops Costco plan; city leaders disappointed by cancellation". Santa Clarita Valley Signal. Retrieved April 25, 2021.
  5. ^ Welk, Hannah Madans (April 20, 2021). "Patios Expansion at Westfield Valencia Town Center Canceled". San Fernando Valley Business Journal. Retrieved November 10, 2021.
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34°24′54″N 118°33′29″W / 34.415°N 118.558°W / 34.415; -118.558