A plan to redevelop a 15.5-acre site at the Brea Mall is currently underway. The project, by Simon Property Group, would redevelop a 161,900 square foot former Sears building with a mix of residential and commercial space.
The project site is located at 1065 Brea Mall, and according to public planning documents, would include the construction of 380 apartment units and 47,425 square feet of new commercial use resulting in a total of 1.38 million square feet of commercial uses at the mall. Designs for the project come from architecture firm Placeworks.
The development would also include various indoor and outdoor amenities, including a leasing office, a fitness area, mailroom and a clubhouse. Outdoor amenities are inclusive of terraces, courtyards, a roof deck and more. In addition, a 0.5-acre central green space would provide play areas for children, seating and landscaping.
The Brea Mall totals approximately occupies a 74-acre area in Brea, west of State Route 57 and bounded by State College Boulevard to the east and State Route 90 to the south, according to planning documents. The 15.5-acre development site is adjacent to Nordstrom and Macy’s in the southwest portion of the Brea Mall.
Simon Property Group is based in Indianapolis but invests in retail properties across the globe. The company has owned a portion of the Brea Mall since 2018, and most recently in December of 2022, received approval from the City Planning Commission for its project.
In 2022, Simon Property Group executed over 14 million square feet of leases across its global portfolio and also completed 14 redevelopment and densification projects, according to fourth quarter earnings results announced earlier this week by the company.
The company is continuing work on numerous development projects. These include several on the West Coast, such as Northgate Station in Seattle and Stanford Shopping Center in Palo Alto.
“We completed 14 redevelopments, and we will complete another major redevelopment project this year at some of our most productive properties. In addition, we expect to begin construction this year on six to eight mixed-use projects. All of this will be funded with our internally generated cash flow,” said David Simon, president and chief executive officer at Simon Property Group, during the earnings call.
