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Shopoff Reimagines Westminster Mall into Mixed-Use Hub

Shopoff Realty Investments acquires Westminster Mall for a major mixed-use redevelopment, adding 2,250 homes, retail, and hotel space to the area.

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Alvaro de la Maza

Partner at Aninver

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Key Takeaways

  • Sector: Real Estate.
  • Geography: United States.

Analysis

Shopoff Realty Investments has finalized its ambitious plan to redevelop the former Westminster Mall site, consolidating ownership of the 57.5-acre parcel. This strategic move follows earlier acquisitions of the former Sears and Macy's locations, bringing the entire 83.3-acre property under Shopoff's control. The transformation aims to address critical housing needs and inject new life into a prime Southern California location.

The vision for this expansive site, now branded as Bolsa Pacific, is a comprehensive mixed-use community designed by the renowned architecture firm AO. The project is set to deliver approximately 2,250 residential units, a significant contribution to the region's housing stock. This offering will encompass a diverse range, including for-sale homes, market-rate rental apartments, and dedicated affordable housing components, reflecting a commitment to varied community needs.

Beyond residential offerings, Bolsa Pacific will feature over 220,000 square feet of thoughtfully designed retail and commercial space. This area is envisioned as a vibrant hub for placemaking, encouraging community interaction and economic activity. Complementing these amenities, the development will include more than 120 hotel rooms, catering to both business and leisure travelers, and over 15 acres dedicated to open space. These green areas will incorporate resident-exclusive zones, inviting promenades, and an integrated network of walking trails, enhancing the quality of life for future inhabitants.

Demolition of the existing mall structures is currently in progress, paving the way for a new era. A formal groundbreaking ceremony for the Bolsa Pacific development is scheduled for April 27, 2026. Following the completion of the entitlement process, which is anticipated to receive city approval in 2026, construction of the full mixed-use project is slated to commence in late 2026. This phased approach ensures a methodical and efficient development cycle.

William A. Shopoff, President and CEO of Shopoff Realty Investments, highlighted the project's long-term vision. "Creating a vibrant new community with essential housing, retail, and 15 acres of open space has been long in the making," he stated, emphasizing the development's potential to bolster the city's economic vitality and provide much-needed residential options. The acquisition of the final parcel was facilitated by Lee Aarons of Land Advisors, who represented Shopoff in the transaction.

This large-scale redevelopment comes at a time when California, particularly Southern California, faces persistent housing shortages and rising demand for diverse living options. The conversion of underutilized retail spaces into mixed-use environments is a growing trend nationwide, as investors and developers seek to repurpose obsolete commercial assets into more sustainable and community-focused developments. The Bolsa Pacific project exemplifies this strategic shift, aiming to create a self-sustaining ecosystem that integrates living, working, and leisure within a single, well-planned development.