Palisades Village to Reopen in 2026 After Wildfire-Related Closure
- Rick Caruso announced on May 28, 2025 that Palisades Village in Pacific Palisades will fully reopen by mid-2026 after wildfire-related closure.
- The closure followed a catastrophic fire in January that caused widespread damage and displaced thousands of residents, including Elyse Walker's flagship store loss.
- Caruso’s company is investing roughly $50 million to upgrade the 125,000-square-foot complex, surrounding streetscapes, and to relocate Elyse Walker’s new 5,000-square-foot store to the Village entrance.
- Caruso highlighted that significant recovery and economic progress can occur even after severe damage, focusing on generating employment and revitalizing the community.
- The reopening and revitalization aim to restore the popular open-air shopping area and support ongoing regional reconstruction efforts from Altadena to Malibu.
22 Articles
22 Articles
Palisades Village slated to reopen in 2026
The Palisades Village, a luxury open-air shopping center in Pacific Palisades, is slated to reopen in mid-2026, marking another step forward in the community's recovery from the Palisades Fire. The announcement was made on Wednesday by billionaire developer Rick Caruso, owner of the shopping center. The approximately 3-acre, 125,000-square-foot shopping center, which houses 42 businesses and services, has been closed since January's wildfire lev…
Caruso unveils plans to rebuild the Palisades; steps underway to bring community back after wildfire
As fire debris is cleared and Pacific Palisades begins its transition from a disaster zone to a massive construction site, restaurants and stores have begun to reopen.

Palisades Village to reopen in 2026 after wildfire-related closure
Palisades Village, the popular open-air shopping and dining destination in the heart of the Pacific Palisades, is set to reopen mid-2026. Billionaire developer Rick Caruso unveiled that timeline Wednesday, May 28, while announcing a slate of broader revitalization efforts aimed to restore both the Village and the surrounding community. The nearly 125,000-square-foot complex, home to more than 40 businesses and services, has been closed since the…


Palisades Village to reopen with Elyse Walker rebuilding flagship store
Developer Rick Caruso announced that his Palisades Village will reopen next year. Elyse Walker said her flagship store, elysewalker, will also open there.
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