Shopoff Realty Investments Sets New Vision for Westminster Mall With 2,250-Unit Mixed-Use Redevelopment

Key Points

• Shopoff Realty Investments is preparing to redevelop the Westminster Mall site in Orange County.
• The 89.3-acre property will be transformed into Bolsa Pacific, a mixed-use project featuring 2,250 residences, retail, and a hotel.
• Demolition is expected to begin by April, with vertical construction targeted for late 2026.

What’s Happening

Shopoff Realty Investments is moving forward with plans to redevelop the former Westminster Mall, a large-scale retail property that served as a regional shopping destination for decades. The firm has completed its acquisition of the mall and surrounding parcels and plans to begin demolition of the indoor mall structure in the coming months. Located near the 405 Freeway, the site offers exceptional visibility and access, positioning it as one of the most prominent mall redevelopment opportunities in Orange County.

The Redevelopment Plan

Shopoff plans to replace the mall with Bolsa Pacific at Westminster, a high-density mixed-use community aligned with broader trends favoring housing-forward redevelopment. The project will include 2,250 residential units across for-sale homes, market-rate apartments, and affordable housing. Plans also call for a 120-room hotel and more than 220,000 square feet of retail and restaurant space, creating a walkable live-work-play environment. Over 15 acres of open space are planned, including promenades, walking trails, and resident-focused amenities—an important component of large-scale infill development in Southern California.

Ownership and Cost Basis

According to CoStar, Shopoff Realty acquired most of the mall for approximately $93 million and separately purchased the former Sears and Macy’s parcels in 2022, securing full control of the 89.3-acre assemblage. Target, one of the remaining anchors, is expected to continue operating during demolition. The transaction underscores continued investor interest in large, well-located land assemblies in supply-constrained coastal markets.

Why It Matters

Mall redevelopments remain one of the most scalable paths to delivering new housing in built-out California metros. While entitlement processes can be lengthy, projects like Bolsa Pacific highlight how developers are repositioning legacy retail sites into mixed-income, mixed-use communities that support long-term economic growth. With city approvals anticipated in the coming months, the Westminster Mall site is poised to become one of Orange County’s most significant residential infill developments.