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Palisades Village to Reopen Mid-2026 with Elyse Walker’s Flagship

Caruso is underwriting new sidewalks, lighting plus holiday events to accelerate local recovery.

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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

  • Palisades Village will resume operations in early to mid-2026 after the January 2025 wildfire leveled nearby businesses and homes.
  • Elyse Walker plans to relocate her Antioch Street flagship boutique into a prominent corner space in the rebuilt shopping center.
  • Developer Rick Caruso has pledged to fund upgraded streetscapes and restore the annual Christmas tree lighting and Menorah celebration.
  • Caruso’s group is also supporting reconstruction efforts in neighboring communities such as Altadena and Malibu to spur wider economic revival.
  • Palisades Village CEO Corinne Verdery says a new dining concept will join returning retailers, with details to be announced soon.