LA Greenlights Massive New Shopping Center

Law360, New York (March 1, 2012, 6:55 PM EST) -- The Los Angeles City Council approved a massive new development late Wednesday, paving the way for a $450 million retail and entertainment complex that will combine several existing malls and create one of the largest shopping centers in Southern California.

The Village at Westfield Topanga, developed by Australian mall owner Westfield Group, will include 50 retail stores comprising more than 1 million square feet situated on a lot between the company's existing Topanga and Promenade malls at Topanga Canyon and Victory boulevards.

The unanimous vote comes...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.