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Recovery And Economy

All articles tagged with #recovery and economy

Pacific Palisades marks recovery milestone as $100M shopping hub reopens
recovery-and-economy2 months ago

Pacific Palisades marks recovery milestone as $100M shopping hub reopens

Twenty months after the January 2025 wildfires, Pacific Palisades is signaling a return to normalcy with the reopening of Palisades Village. The 125,000-square-foot shopping center, which survived the blaze but required over $100 million in repairs, reopened on August 15, 2026. While the event featured celebrity performances and a drone show, it highlights a broader struggle: only one home has been fully rebuilt, and insurance claims remain stalled for many residents.