Whittwood Town Center

Description

Whittwood Town Center is a shopping mall in Whittier, California currently owned by a joint venture formed by DDR Corp.. and Blackstone Real Estate Partners VII, a real estate fund managed by The Blackstone Group on behalf of its investors.HistoryWhittwood was built in the 1961 as a competitor to The Quad at Whittier. It had three anchor tenants: JC Penney on the east, The Broadway on the west, and Boston Store in the center. Sav-On was located next to JC Penney.Whittwood was originally an open-air mall, which was initially a success. It was renovated and transformed into an enclosed mall in the 1970s.A fourth anchor, Mervyn's was added in the 1980s near The Broadway. Also a food court was added across from Sav-On.The exterior was remodeled in the late 1980s to lure businesses from The Quad, which had recently closed after being damaged by the 1987 Whittier Narrows earthquake. Krikorian Theatres opened a 10-screen Premium movie theatre complex on the back lot, which was later sold to Regal Cinemas, who closed the theatre site by the mid-1990s.Boston Store closed down in the 1990s, and wasn't replaced by a new anchor.In 1996, Federated Department Stores bought out The Broadway and decided not to convert the Whittwood store to a Macy's. It was closed and sold to Sears, which moved in by 1998.