​[[{“value”:”Shopoff Completes Acquisition of Remaining Westminster Mall Property for Mixed-Use Redevelopment

Shopoff Realty Acquires Remainder of Westminster Mall for Mixed-Use Redevelopment

Shopoff Realty Investments has acquired the remaining 57.5 acres of the Westminster Mall, setting the stage for the full-scale redevelopment of the site into a dynamic mixed-use community known as Bolsa Pacific at Westminster. The parcel was purchased from Washington Pacific Group, with Lee Aarons of Land Advisors representing Shopoff in the transaction.

With this acquisition, Shopoff now owns the entire 83.3-acre property. The company had previously secured the 14.1-acre former Sears site in July 2022 and the 11.7-acre Macy’s parcel in August 2022.

The proposed Bolsa Pacific at Westminster development will feature approximately 2,250 housing units, offering a combination of for-sale homes as well as market-rate and affordable rental options. Plans also call for more than 120 hotel rooms and over 220,000 square feet of retail space. Architecture firm AO is leading the design of the retail and multifamily components.

Shopoff has submitted entitlement plans to the City of Westminster and anticipates receiving approval later this year. The existing Westminster Mall is slated for demolition in the first quarter of 2026, although the on-site Target store will remain operational during that period. Construction is expected to commence in the fourth quarter of 2026, once entitlements are finalized and demolition is completed.

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