Stretching for more than 30 miles along the Pacific Coast Highway, Malibu has become an iconic destination getaway from the busy streets of L.A. Many of Malibu’s shopping areas are much more than a collection of stores, they are something to experience with their art galleries, home decor, fitness classes, outdoor urban spaces to relax, and more. Malibu also boasts a number of incredible restaurants with everything from a casual breakfast bar to an upscale, linen napkin dinner. Now, Malibu is getting ready to welcome, what may become, Malibu’s new downtown!
The Park project.
With construction now in full swing, ‘The Park’ project developed by Steve Soboroff, will bring a diverse range of retail and service-oriented retailers that have been noticeably missing in Malibu in recent years. Soboroff wants their community members to be able to get to their desired stores in a close proximity of 5 minutes instead of their now 25-minute drive. Currently, many community members have to commute to the nearest store for a simple purchase such as a new screwdriver or a pair of socks. Soboroff’s overall vision is to create a local gathering spot where people can work, meet, hang out, and socialize. The park is designed with a generous amount of outdoor seating, numerous meeting areas and community features, such as an amphitheater, community garden and play structure designed to be accessible to special needs children.
“Our vision was this open space of park and landscaping that served the community from a service perspective.”
Bringing the community closer.
Moreover, there were some fears about the Park project as many were afraid of the over saturation of the city. Community members were afraid of bringing in chain stores and displacing mom and pop shops, but the disagreement was settled when voters passed a local measure in 2014 which placed certain limits on chain stores and would further require any large commercial development to go to a citywide vote for approval. But, overall, the promise of more diverse stores and a focus on community space has many business owners excited.
“An important part of fulfilling that community-centric ideal involves providing the diversity of retail that has been noticeably lacking in Malibu in recent years.”
-Steve Soboroff, Developer of The Park project
Completion in May 2019!
Once the project is completed, there will be a total of 14,000 square feet of retail and dining space with a Whole Foods market and open spaces. The project will also have approximately 25-40 retail and dining spaces as well as 42,000 square feet of office space. There isn’t much time to wait as it is set to open in May of 2019!
“You’re paying not just for [an item] sometimes, but for the whole experience of going someplace fabulous and getting it. As we deliver those kinds of venues, we’re going to draw more people into wanting to go out shopping.”