In Los Angeles, almost any time you go to a prestigious shopping center, it was built by Caruso. Caruso is “a privately owned, industry-renowned company that blends best-in-class real estate with five-star hospitality to create a timeless collection of town centers, residences, offices, streetfront retail and more,” boasts their website.
Their prior masterpieces include the Grove and the Americana at Brand, both of which are always bustling with people. For nearly three decades, Caruso has been creating extraordinary destinations in some of the most desirable locations in and around Los Angeles. “Over the years, we have evolved across multiple lines of business, continually breaking new ground and redefining the shopping and lifestyle experience. While each has its own rich history, every Caruso property is deeply rooted in a dedication to delighting guests, both present and future,” says the website.
The next big venture by Caruso is in Marina del Rey. About a year ago the Los Angeles County Board of Supervisors approved a staff recommendation that will begin the process of transferring control of three properties in Marina del Rey to developer Rick Caruso. He bought what was previously known as Commodore Club, Inc. for a reported $2.75 million.
Though Caruso’s plans for the space have not been specified yet, the lot is just a 3 minute drive from one of Caruso’s other properties - Waterside at Marina del Rey.
Waterside is a 133,000-square-foot center that features luxury boutiques, gourmet and casual dining restaurants, and essential local services for the community. A popular stop for the many Southern Californians who come to visit Marina del Rey regularly, this combination of local and regional shops is the perfect place to spend an afternoon.
Thanks to its carefully curated and hand picked shops and dining, the Waterside has an inviting ambiance, that has enjoyed double-digit year-over-year sales growth since its redevelopment by Caruso in 2005.