Last week, Macy’s West Stores, Inc. filed suit against Stockdale, a Los Angeles-based real estate investment firm that took over the downtown property from Westfield in August 2018. The department store is asking a San Diego Superior Court judge to block the developer’s plan on grounds that it violates Macy’s lease agreement and an even more substantial contract, known as a reciprocal easement agreement. The latter document gives the retailer veto power over major property improvements. — The San Diego Union Tribune
A new lawsuit brought by Macy’s, a tenant at Horton Plaza, the spectacular postmodern shopping mall in San Diego designed by Jon Jerde in 1985, has cast doubt on plans for a significant re-do of the property.
Under the proposed project, which has gained wide support among the city’s political leaders, the mall’s postmodern stylings would be ripped away and replaced with curtain wall glass, while the property itself would be reoriented toward co-working uses with the remaining retail spaces filled with tenants that might better serve those new users.
According to The San Diego Union Tribune, “interior demolition” of the project is already underway.
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