This article contains content that is written like an advertisement .(January 2018) |
Company type | Private |
---|---|
Industry | Real estate development |
Founded | 1987 |
Founder | Rick Caruso |
Headquarters | Los Angeles, California, United States of America |
Key people | Corinne Verdery (CEO) |
Website | Caruso.com |
Caruso, formerly Caruso Affiliated Holdings, LLC, is one of the largest privately held real estate companies in the United States. It was founded by Rick Caruso in 1987, with Corinne Verdery as its CEO since 2022. [1] Caruso has a portfolio of retail and mixed-use properties in Southern California, including ones in Los Angeles, Glendale, Calabasas, Pacific Palisades, Marina Del Rey, Encino and Thousand Oaks.
The company provides real estate development services in Southern California. Its portfolio includes shopping, entertainment, and residential developments. The company also develops parks, promenades, fountains, and plazas integrated with a retail environment; mixed-use developments that feature a blend of shopping, dining, and entertainment with residential living; shopping centers; outdoor retail and dining destinations that feature shops and restaurants; and lifestyle centers that offer casual living, dining, and shopping features. [2] [3] Its properties draw tens of millions of visitors each year. [4]
Caruso develops, owns and manages properties such as:
Caruso properties have won awards for design and development, including the 1997 Golden Nugget Grand Award for the Promenade at Westlake, in the Best Commercial Project for Retail category; [10] the Urban Land Institute’s Award for Excellence for The Commons at Calabasas in 1999 and The Grove at Farmers Market in 2003; [11] and ICSC's Gold Award in the 2009 United States Design and Development Award Competition for the Americana at Brand. [12]
Westlake Village is a city in Los Angeles County, California on its western border with Ventura County. It incorporated in 1981 becoming the 82nd municipality of Los Angeles County. The population of the city was 8,029 at the 2020 census, down from 8,270 at the 2010 census.
The San Fernando Valley, known locally as the Valley, is an urbanized valley in Los Angeles County, California. Situated northwards of the Los Angeles Basin, it comprises a large portion of Los Angeles, the incorporated cities of Burbank, Calabasas, Glendale, Hidden Hills and San Fernando, plus several unincorporated areas. The valley is the home of Warner Bros. Studios, Walt Disney Studios, and the Universal Studios Hollywood theme park.
The Conejo Valley is a region spanning both southeastern Ventura County and northwestern Los Angeles County in Southern California, United States. It is located in the northwestern part of the Greater Los Angeles Area.
The Third Street Promenade is a pedestrian mall esplanade, shopping, dining and entertainment complex in the downtown area of Santa Monica, California which originally opened as the Santa Monica Mall on November 8, 1965. It is considered a premier shopping and dining district on the Westside and draws crowds from all over the Greater Los Angeles area. Due to easy access to Downtown Los Angeles via the Big Blue Bus rapid transit service, E Line's terminus station and the Pacific Coast Highway-Santa Monica Freeway Interstate, the neighborhood's north-south thoroughfares connecting to Muscle Beach, Venice Canal Historic District, Marina del Rey, Ballona Wetlands and Los Angeles International Airport, and its proximity to historic U.S. Route 66, Santa Monica Pier, Palisades Park, Tongva Park, Santa Monica State Beach and the Pacific Ocean coupled with Los Angeles's mild mediterranean climate, it is also a popular tourist destination.
The Grove is a retail and entertainment complex in Los Angeles, located on parts of the historic Farmers Market. The mall features Nordstrom and Barnes & Noble.
Las Virgenes Unified School District (LVUSD) is a K–12 school district headquartered in Calabasas, California, United States. The district, serving the western section of the San Fernando Valley and the eastern Conejo Valley in Los Angeles County, consists of 14 public schools.
Fisherman's Village is a waterfront mall, commercial boat anchorage, and tourist attraction in Marina del Rey, Los Angeles County. Constructed in the style of a New England fishing village, Fisherman's Village consists of five brightly painted wooden buildings, a waterfront promenade, a lighthouse, a water fountain and commercial boat docks. Tourist attractions include live music concerts, restaurant and café dining, harbor and fishing cruises, boat and bicycle rentals, a Catalina Island ferry service, souvenir shops, a nightclub and a public water shuttle service. The waterfront promenade offers panoramic views of the harbor, where approximately 5,300 pleasure boats, yachts, and commercial vessels are berthed across 21 individual marinas, including yacht clubs.
Club Disney was a regional children's play center concept operated by Disney Regional Entertainment. The indoor centers were designed for families with children 9 and under with gift shops, various play areas and snack bars. The clubs were expected to change over time and to reflect the current Disney movie.
The Oaks is a two-level indoor/outdoor, regional shopping mall located in Thousand Oaks, California. It is owned and managed by Macerich. Accessible from US Highway 101 midway between downtown Los Angeles and Santa Barbara, it is the largest shopping center in Ventura County. Over five million visit the mall each year. The mall features JCPenney, Macy's, Macy's Men's and Home Store, Nordstrom, in addition to a 14-screen dine-in AMC Theatres.
The Grove Christmas Tree is an approximately 100-foot Christmas tree that is lit every year at The Grove at Farmer's Market in Los Angeles, California. In 2002, it was the tallest Christmas tree in the Los Angeles area and attracted about 90,000 visitors a day during the holiday season.
The Marmonte League is a high school athletic conference in California affiliated with the CIF Southern Section (CIF-SS). The league is composed of schools located in Ventura and Los Angeles counties.
The Americana at Brand is a large shopping, dining, entertainment and residential complex in Glendale, California. The mall features anchor stores Nordstrom, and Barnes & Noble.
Area codes 818 and 747 are telephone area codes in the North American Numbering Plan (NANP) for the San Fernando Valley region of Los Angeles County in the U.S. state of California.
Rick Joseph Caruso is an American billionaire businessman. The founder and former chief executive officer of Caruso, an American real-estate company, he is also the chair of the board of trustees at the University of Southern California. Caruso was previously the president of the Los Angeles Police Commission, a member of the Board of Water and Power Commissioners, and was the runner-up to Karen Bass in the 2022 Los Angeles mayoral election.
The Commons at Calabasas is a retail and entertainment complex in Calabasas, California, United States, built, owned, and operated by Rick J. Caruso and his company Caruso Affiliated. The complex features Barnes & Noble in addition to a Regency Theatres. It has now become a tourist destination as celebrities, such as Kim Kardashian, are frequently seen at the high-end shopping center.
Frederick Earl Emmons was an American architect. With A. Quincy Jones, he designed many residential properties, including tract houses developed by Joseph Eichler in the Pacific Palisades, Orange, Palo Alto, San Rafael, and commercial buildings in Palm Springs, Pomona, Whittier and Los Angeles. They also designed the Charles E. Young Research Library on the campus of the University of California, Los Angeles (UCLA).
Palisades Village is a local shopping village located in Pacific Palisades, California, in the downtown area of the neighborhood known as the "Village", from which the shopping center derives its name.