Caruso's Palisades Village mall, saved by private firefighters, eyes early 2026 reopening [Los Angeles Times (CA)]
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Source: Los Angeles Times
The billionaire real estate developer shared the projected timeline in an interview with ABC7 this week. The 25,000-square-foot shopping center and its 42 businesses — which include a Chanel, Saint Laurent and Bottega Veneta — remained largely unscathed in the fire, suffering mostly from smoke damage. Many of the structures around it, meanwhile, were razed. His early 2026 reopening timeline for Palisades Village is likely months, if not years, ahead of the recovery timeline for other Palisades businesses and homes that have been reduced to rubble . But he told the station he hopes getting the Village reopened as soon as is safe and reasonable will give the community a reason to return. A total of 6,822 structures were destroyed in the Palisades fire, including more than 5,500 residences and 100 commercial businesses, according to the California Department of Forestry and Fire Protection. Caruso attributed the Village's survival to the hard work of private firefighters , the w
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