CONNECT WITH US
Tech

Tech

This luxury mall in L.A. survived the wildfires—but not without a lot of help

Fast Company logo

Published on

Add as a preferred source on Google
This luxury mall in L.A. survived the wildfires—but not without a lot of help

Palisades Village, the high-end outdoor mall in Los Angeles’s Pacific Palisades, is a rare chunk of the neighborhood that wasn’t destroyed in the wildfires that struck the region in January 2025. More than 6,800 structures perished in the Palisades fire, but aside from a few singed awnings and roasted patio cushions, the mall was relatively unscathed. After a year-and-a-half smoke cleanup and refresh, the shopping destination recently reopened, even as the neighborhood around it remains a mix of homes under reconstruction, charred land, and general uncertainty.

Controversially, the mall remained standing through the fires partly because it had what many of those lost homes didn’t. Caruso, the developer of the mall and other L.A. shopping centers including The Grove, had a private firefighting service on call ahead of the fires, and its firefighters were on site protecting the property within hours of the wildfire’s first spark.

Caruso and its billionaire founder Rick Caruso, who ran for L.A. mayor in 2022 as a Republican, aren’t hiding the fact that hired firefighters helped keep the mall intact while much of the Palisades burned. Rather, the company sees the approach of prioritizing wildfire mitigation in its building practices and operations as part of the new way real estate developers have to do business in vulnerable areas.

“We learned very early on that building systems and materials were very important, as well as fire prevention protocols and having an emergency response team on hand,” says Corinne Verdery, CEO of Caruso.

In December 2017, the company was less than a year away from the opening of the $200 million Palisades Village project when another of its major developments nearly burned to the ground.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.