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Simon brings luxury living to Fashion Valley Mall

Simon®, a real estate investment trust engaged in the ownership of premier retail, dining, entertainment and mixed-use destinations, today announced significant reinvestments to integrate luxury living into Fashion Valley.

Following the recent completion of a multimillion-dollar revitalization, the new development further positions downtown as the epicenter of luxury shopping, dining and living in the San Diego area.

Simon® real estate investment trust

Known for its curated collection of designer brands, Fashion Valley will soon transform into a community unto itself with 850 luxury multi-family homes from AMLI Residential, a leader in luxury apartment living.

Together, Simon and AMLI will create a dynamic living environment: a vibrant, diverse and exclusive residential enclave with incomparable amenities and high-quality finishes.

This phase in Simon’s vision to define the luxury destination includes 100,000 square feet of new retail and new, unique dining experiences to complement fresh and lush open green spaces and ample parking for residents and guests.

real estate investment fund

San Diegans will now be able to enjoy living in a lifestyle community that includes the best shopping and most delectable dining options, just steps from their favorite Fashion Valley boutiques.

“Simon is leading the evolution of today’s retail landscape with the strategic transformation of key properties across the country.

“We are excited about this next phase of Fashion Valley as we continue to reinvest and add a walkable, livable lifestyle community intertwined with carefully selected luxury brands that can only be found here,” said Mark Silvestri, President of Development at Simon .

“This redevelopment marks a new era of sophistication and comfortable living in San Diego.”

Fashion Valley recently completed a multimillion-dollar revitalization, further enhancing the shopping experience with a bespoke new look and several openings from premium luxury brands including Dior, Bottega Veneta, David Yurman and Dolce & Gabbana.

It was also recently announced that three premium luxury brands will join the lineup, including Celine, which is expected to open in the second quarter of 2024, Christian Louboutin and Fendi, both of which will open in 2025.

Earlier this year, Rolex Boutique Fourtané expanded its footprint and doubled in size to unveil a custom, San Diego-inspired design concept with multiple private consultation rooms and a two-story exterior facade.

Meanwhile, Omega has plans to reopen this year. Other brands coming to Fashion Valley in 2024 include Tudor, Veronica Beard and Zimmermann.

“Fashion Valley is the premier luxury shopping destination for San Diego and the surrounding areas, attracting an affluent customer base from an exceptionally large trade area, including the greater San Diego region and Mexico.”

“This unique positioning and Simon’s continued reinvestment means it is attracting some of the most prominent names in luxury and European fashion,” said Vicki Hanor, Senior Executive Vice President and Managing Director of Luxury Leasing.

Simon® real estate investment trust

“This is just the beginning of this exciting new chapter of robust growth, as we look forward to welcoming even more iconic names to our growing list of luxury brands you can only find in Fashion Valley.”

The prestigious retail and residential redevelopment project is expected to begin immediately following JCPenney’s planned closure in late 2025 and is expected to be completed by the end of 2026.

For more information about the project and Fashion Valley, please go here.