Simon Sustainability Report 2022

SIMON SUSTAINABILITY REPORT 2022

GOING 360: CREATING URBAN ENVIRONMENTS IN THE 21ST CENTURY

Over the past decade, Simon has been actively investing in new developments and redevelopments that align with the Simon 360° Live/Work/Play/Stay/Shop concept. Brea Mall ® in Brea, CA, is a prime example of this approach and is set to include even more exciting features, including high-end housing and a luxury fitness center. The proposed redevelopment project will cover a 15.5-acre area of the 74-acre property, with plans to demolish the vacant 161,990-square-foot building that previously housed a department store and its associated auto center, along with about 7.5 acres of adjacent parking space. In its place, a new mixed-use development will be built, featuring retail, sit-down dining options, high-end fitness, more green spaces, and an eight-story, 380-unit luxury apartment complex with subterranean and podium-level parking.

With the department store building sitting vacant for years, the redevelopment project is expected to be a major win for the city and community residents. The addition of bike lanes with the proposed development as well as on the surrounding public rights of way are also part of the plan, creating a connection to the Tracks at Brea multi-modal pathway. The connectivity together with the beautiful outdoor pedestrian plaza for gatherings, concerts, and other special events make this a truly community-forward project. The project received unanimous approval from the Brea Planning Commission in December 2022 and is set to be presented to the City Council in the summer of 2023 for final approval.

We are excited for reinvigorating those aspects of the mall, adding some unique and different uses, such as the fitness center and residential uses of the mall. Jason Killebrew Community Development Director

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CREATING SUSTAINABLE CENTERS

COMMUNITIES

CUSTOMERS

ENVIRONMENT

EMPLOYEES

APPENDIX

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