Simi Valley's City Council is taking significant steps towards revitalizing the Simi Town Center, a move aimed at addressing declining occupancy and enhancing community engagement. During the recent council meeting on May 20, 2025, discussions centered around a proposed mixed-use redevelopment plan that seeks to transform the underperforming mall into a vibrant hub for shopping, dining, and housing.
The council heard a presentation outlining the potential benefits of mixed-use redevelopment, which has seen success in other California locations, such as the MainPlace Mall in Santa Ana and the Westminster Mall, which introduced thousands of housing units. The proposal aims to reduce the mall's outdated retail space while increasing foot traffic and sales tax revenue by introducing residential units alongside commercial offerings.
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Subscribe for Free Key points from the discussion included the importance of maintaining the mall's identity as a retail center while adapting to changing consumer habits, particularly the rise of e-commerce. The current occupancy rate at Simi Town Center is around 50%, with several large retail spaces remaining vacant. The proposed plan includes repurposing these spaces to attract new tenants and enhance the overall shopping experience.
Council members expressed a desire for a balanced approach, ensuring that any residential development does not overshadow the commercial aspect of the center. Suggestions included integrating residential units above retail spaces and maintaining open communication with the community throughout the planning process. The council emphasized the need for a master plan that outlines amenities for future residents, such as community spaces and recreational facilities.
An economic impact study is set to be commissioned to assess the potential increase in sales tax and property tax revenue from the redevelopment. The council is keen on ensuring that the revitalization efforts do not compromise the mall's status as a key commercial asset for Simi Valley.
As the city moves forward with these plans, the focus will remain on creating a welcoming environment that encourages community interaction and supports local businesses. The next steps will involve further community input and detailed planning to refine the proposal and address any concerns raised by residents and council members alike.