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Palisades Village Set to Reopen Mid-2026 with Elyse Walker Flagship Store

Rick Caruso pledged new landscaping, pedestrian sidewalks to support the village’s recovery as a community center after January’s blaze

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PACIFIC PALISADES, CA – MAY 28: Fashion designer Elyse Walker said she trusts Rick Caruso (center), who see has known for two decades, as she announced the reopening of her flagship store at the Palisades Village on Wednesday, May 28, 2025. The store will open in 2026 as the Pacific Palisades rebuilds from the fire. (Myung J. Chun / Los Angeles Times via Getty Images)
Rick Caruso, Founder and Executive Chairman of Caruso, speaks about the next chapter for Pacific Palisades and the Palisades Village, in Pacific Palisades on Wednesday, May 28, 2024. (Photo by Hans Gutknecht, Los Angeles Daily News/SCNG)

Overview

  • Plans call for Palisades Village, the community’s largest shopping complex, to reopen in mid-2026 following destruction by the January wildfire.
  • Elyse Walker confirmed her flagship elysewalker boutique, lost in the blaze on Jan. 7, will reemerge as the village’s marquee tenant in spring or summer 2026.
  • Rick Caruso said he will resume annual holiday events, including the Christmas tree and Menorah lighting, later this year to revive local traditions.
  • Caruso also pledged to underwrite streetscape upgrades—funding new landscaping and pedestrian sidewalks around the shopping center.
  • Residents and local leaders view the reopening as a catalyst for broader investment and a restored gathering place for families displaced by the fire.