Shopoff Realty Investments has acquired the 57.5-acre remainder of the Westminster Mall, ahead of its planned mixed-use redevelopment, Bolsa Pacific at Westminster. Washington Pacific Group was the seller. Lee Aarons of Land Advisors represented the buyer. Shopoff previously purchased the mall’s 14.1-acre former Sears parcel in July 2022 and its 11.7-acre Macy’s parcel in August 2022.Â
The 83.3-acre project site currently houses the Westminster Mall and surrounding retail. The planned Bolsa Pacific at Westminster development will deliver approximately 2,250 housing units, including a mix of for-sale housing and market-rate and affordable rental housing. The project will also include more than 120 hotel rooms along with more than 220,000 square feet of retail. AO is designer on the retail and multifamily components.
Current entitlement plans have been submitted to the City of Westminster for review, with approval anticipated later this year. Demolition of the existing mall is planned for first-quarter 2026; Target will continue to operate during this time. Once demolition and entitlements are completed, construction is scheduled to begin in Q4 2026.Â
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