La Cumbre Plaza
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La Cumbre Plaza is an outdoor shopping center located in
Santa Barbara, California Santa Barbara (, meaning ) is a coastal city in Santa Barbara County, California, of which it is also the county seat. Situated on a south-facing section of coastline, the longest such section on the West Coast of the United States excepting A ...
. The first property built by The Hahn Company, La Cumbre Plaza opened in 1967 and was purchased by
Macerich The Macerich Company ( ) is a real estate investment trust that invests in shopping centers. It is the third-largest owner and operator of shopping centers in the United States. As of December 31, 2020, the company owned interests in 52 propert ...
in 2004. Macerich now holds a long-term lease, which goes through 2077 without ownership of the . The shopping center spans and is anchored by a
Macy's Macy's is an American department store chain founded in 1858 by Rowland Hussey Macy. The first store was located in Manhattan on Sixth Avenue between 13th and 14th Streets, south of the present-day flagship store at Herald Square on West 34 ...
.


History

La Cumbre Plaza opened in 1967 with anchors
Sears Sears, Roebuck and Co., commonly known as Sears ( ), is an American chain of department stores and online retailer founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosen ...
and J.W. Robinson's. Robinson's changed nameplates twice in its history, first becoming Robinsons-May in 1993, then
Macy's Macy's is an American department store chain founded in 1858 by Rowland Hussey Macy. The first store was located in Manhattan on Sixth Avenue between 13th and 14th Streets, south of the present-day flagship store at Herald Square on West 34 ...
in 2006 due to the merger of Federated and
May Department Stores The May Department Stores Company was an American holding company of department stores founded in 1877 by David May. It operated several regional department stores throughout the United States, which were managed as distinct business divisions ...
. In the mid-2000s
Macerich The Macerich Company ( ) is a real estate investment trust that invests in shopping centers. It is the third-largest owner and operator of shopping centers in the United States. As of December 31, 2020, the company owned interests in 52 propert ...
embarked on a remodel that added upscale retailers including Williams Sonoma, Tiffany & Co.,
Louis Vuitton Louis Vuitton Malletier SAS, commonly known as Louis Vuitton (, ), is a French Luxury goods, luxury fashion house and company founded in 1854 by Louis Vuitton (designer), Louis Vuitton. The label's LV monogram appears on most of its products, ...
and Ruth's Chris Steak House. The remodel was at the height of the
Great Recession The Great Recession was a period of market decline in economies around the world that occurred from late 2007 to mid-2009.
, causing several of these new tenants to close only a few years later. Others have thrived since the remodel including Pottery Barn. On November 8, 2018, it was announced that Sears will be closing this location in early 2019 a part of a plan to close 40 stores. The store closed in February 2019. With the property owners planning for redevelopment, Macy’s will close by 2028.


References


External links


Official Website
{{Shopping malls in California Macerich Shopping malls in Santa Barbara County, California Shopping malls established in 1967