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Rick Caruso Confirms 2026 Reopening of Palisades Village, New Elyse Walker Flagship Boutique
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Rick Caruso Confirms 2026 Reopening of Palisades Village, New Elyse Walker Flagship Boutique

The key player in L.A.’s post-fire revitalization efforts teased reopening plans (including a new restaurant and holiday gatherings) while praising a new retail partner: “I believe you have to have an economic engine.”
Rick Caruso Confirms 2026 Reopening of Palisades Village, New Elyse Walker Flagship Boutique

Palisades Village Announces 2026 Reopening with elysewalker as Flagship Retailer

The luxury retail and dining destination Palisades Village has announced plans to reopen in “early to mid” 2026 following devastating fires that impacted Pacific Palisades, California. The reopening will feature renowned retailer Elyse Walker establishing a new flagship location at the prominent corner of Sunset Boulevard and Swarthmore Avenue.

Revitalization Plans and Community Focus

Caruso CEO Corinne Verdery announced several key initiatives for the property’s revival:

  • Reconstruction of the public park within Palisades Village
  • Complete rebuilding of surrounding streetscapes
  • Return of annual holiday celebrations, including Christmas tree lighting and Menorah ceremony
  • Introduction of a new signature dining concept (to be announced)

Partnership for Community Recovery

Rick Caruso, founder of Steadfast L.A., emphasized the importance of public-private partnerships in community rebuilding efforts. “People want to congregate. They want to shop, they want to dine, they want to gather,” stated Caruso, highlighting the vital role of creating spaces that foster community connection.

elysewalker: A New Chapter

Elyse Walker, a cornerstone of Pacific Palisades retail since 1999, will relocate her flagship store to the former Saint Laurent space in Palisades Village. The move represents a significant milestone in the area’s recovery, with Walker stating, “Our goal is to create jobs and enthusiasm. We fully intend to recreate the Elyse Walker experience at the Palisades Village.”

Community Impact and Future Vision

The redevelopment plans include:

  • Enhanced streetscape improvements
  • New sidewalks and lighting
  • Expanded community gathering spaces
  • Revival of local business opportunities

“Today marks not only hope but our steadfast and unwavering commitment to the Palisades,” emphasized Verdery. The project aims to bring families back, restore small businesses, create jobs, and strengthen the entire Palisades community.

Looking Forward

With the combined expertise of Caruso’s development team and Walker’s retail experience, Palisades Village is positioned to emerge stronger than ever. The project represents more than just commercial development – it symbolizes the resilience and unity of the Pacific Palisades community.