Monday, June 24, 2019

Quick look inside the Valley Fair expansion

The Silicon Valley Business Journal has given us a sneak peak into Valley Fair's $1.1 billion remodel and expansion. The mall is growing from 1.5 million SQFT to 2.2 million, making it by far the largest mall in Northern  California and the 15th largest in the US (If you were to count stores at Santana Row it would be the largest).

The expansion will bring flagship stores for Apple and Bloomindale's as well as other premium brands such as Jimmmy Choo, John Varvatos, UNTUCKit, and Gorjana. Double Eagle Steakhouse, Shake Shack, Salt & Straw, and SomiSomi are some of the new eateries. 80% of the expansion is already pre-leased. If you are concerned about parking, they just added another 1,200 space garage and optimized the new front entrance for car sharing/pooling, bikes, and pedestrians in mind (finally).

By pushing the mall outwards towards Stevens Creek and adding an outdoor paseo, they are doing their best to better connect to Santana Row. Inside the more traditional mall area, they are using a lot of high-end materials and leveraging natural light thanks to massive skylights.

The expansion will have its grand opening early next year, but I wouldn't be surprised if some of the 100 new stores did a soft opening before Christmas.

Source: SVBJ







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