Owner wants to build 850 apartments at Fashion Valley Mall; JCPenney to close

Mission Valley News

Owner wants to build 850 apartments at Fashion Valley Mall; JCPenney to close
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The mall would also add 100,000 square feet of retail and restaurant space.

While many, many San Diegans love to pass a lazy afternoon shopping the high-end boutiques at the Fashion Valley mall, San Diego may be about to find out just how much they love the tony shopping center.Simon, the corporate owners of the mall on Friars Road in Mission Valley, announced Monday that it has started the planning process with the goal of building 850 multifamily high-end apartment rentals on the property.

"We're excited about this next phase of Fashion Valley as we continue to reinvest and add a walkable, livable lifestyle community that is intertwined with handpicked luxury brands that can only be found here," Simon's president of development, Mark Silvestri, said, in part, in the news release."This redevelopment marks a new era of sophistication and convenient living in San Diego.

The mixed-used residential approach to large retail locations is an emerging trend in the sector. Last July, the San Diego City Council voted unanimously to rezone the Mission Valley West shopping center into a mixed-use area in order to be able to add housing units. The San Diego City Council voted unanimously to rezone the Mission Valley West shopping plaza into a mixed-use area, paving the way for new housing units. NBC7's Priya Sridhar reports on July 21, 2023.The first Mexican taco stand to get a Michelin star is a tiny business where the heat makes the meat

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