Macerich today announced Seattle-based Nordstrom, Inc., a leading fashion specialty retailer, has signed a letter of intent to open a new Nordstrom store at Santa Monica Place. The three-level, 122,000-square-foot store is scheduled to open in fall 2010.
“We’re very pleased to welcome Nordstrom to the new Santa Monica Place,” said Randy Brant, executive vice president, real estate, for Macerich. “The extraordinary appeal of Nordstrom is a great match for this exceptional market, and for what we believe will be a one-of-a-kind retail project two blocks from the beach in downtown Santa Monica.”
Santa Monica Place is being completely transformed from an existing 1980s-era, enclosed shopping center to a three-level, open-air retail destination that will include a signature rooftop dining deck. Re-opening in fall 2009, the 550,000-square-foot Santa Monica Place is adjacent to the popular Third Street Promenade, three city blocks of retail stores, restaurants, and entertainment. For more information, visit www.macerich.com.