Suvarna Garge (Editor)

Paseo Colorado

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Developer
  
Ernest W. Hahn, Inc.

Phone
  
+1 626-795-8891

Owner
  
Cypress Equities

Location
  
Pasadena, California, United States

Opening date
  
1980 (as Plaza Pasadena) 2001 (as Paseo Colorado)

Architect
  
Charles Kober & Associates

Total retail floor area
  
553,377 sq ft (51,410.4 m)

Address
  
300 E Colorado Blvd, Pasadena, CA 91101, USA

Hours
  
Closing soon · 10AM–9PMThursday10AM–9PMFriday10AM–9PMSaturday10AM–9PMSunday11AM–6PMMonday10AM–9PMTuesday10AM–9PMWednesday10AM–9PMSuggest an edit

Similar
  
Old Pasadena, Pasadena Convention Center, Westfield Santa Anita, Del Mar station, Pasadena City Hall

Profiles

Welcome to paseo colorado usa


Paseo Colorado, also called Paseo, is an upscale outdoor mall in Pasadena, California, covering three city blocks with office space, shops, restaurants, a movie theater, and 400 loft-style condominiums (called Terrace Apartment Homes) above.

Contents

It is located in downtown Pasadena between Colorado Boulevard to the north and Green Street to the south. Paseo Colorado is just east of and connected by a pedestrian bridge, the Garfield Promenade, to Old Town Pasadena, and west of the center of downtown. The mall is located across Green Street from the Pasadena Civic Auditorium in the Pasadena Conference Center. As of 2014, the mall is currently without an anchor retail chain stores since both Macy's and a Gelson's supermarket outlet had closed in 2013.

History

The site was originally occupied by a shopping mall called Plaza Pasadena, which opened in 1980 and featured three anchor stores: J.C. Penney, The Broadway, and May Company California. It was built by The Hahn Company at a cost of $115 million on an 11-acre site and had featured over 120 stores. The development was designed by Charles Kober & Associates and the resulting design was awarded a Progressive Architecture Magazine Design Award in 1979.

This mall did not live up to expectations. May Company closed its store there in 1989, and the space was divided among smaller stores.

In 1998, following the conversion of the Broadway store to Macy's and the closure of J.C. Penney, the developers announced plans to tear down the mall and replace it with an outdoor center.

Paseo Colorado opened in September 2001, retaining the Macy's store from the original development and added a supermarket and movie theater complex. Two years later, the outdoor center was sold to Developers Diversified Realty Corp. for $114 million.

In November 2010, the Paseo Colorado saw the opening of Noor, a 16,000 sq ft event space featuring state-of-the-art audio/visual and lighting and seating for up to 350 guests for banquets in its large ballroom, the Sofia, and 140 guests for banquets in its smaller ballroom, the Ella.

On January 3, 2013 Macy's announced their store at Paseo Colorado would close in early spring 2013. At the time of the store closure, there were plans to demolish the Macy's building and replace it with a multi-story hotel.

In March 2013, Gelson's announced that they would close their store at Paseo Colorado on July 21, 2013. This store had been at this location since Paseo Colorado was first opened 13 years ago.

By late 2014, the mall was in the process of obtaining the necessary local governmental licenses to replace the vacant Macy's Department Store with a Hyatt Place hotel and mixed-use condominium complex. After obtaining the necessary permits, DDR began the demolition process in August 2015 and expects the new hotel along with other new retailers to be opened by mid-2017.

In January 2016, DDR sold the retail development to Cypress Equities of Dallas.

References

Paseo Colorado Wikipedia


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