Current Development Projects
In the Pipeline
At Merlone Geier, we’re always looking for the next great opportunity. Whether it’s an undervalued property, a well-timed foreclosure or a property in an area on the rise, we pride ourselves on our ability to create successful spaces for our investors and tenants.
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Capitola Mall – Capitola, CA
Overview
Merlone Geier is considering a redevelopment of the Capitola Mall. We are currently engaging with community members and leaders to discuss the project and gather feedback on our plans. Located less than one mile from the ocean in a municipality that has been likened to villages on the Mediterranean Coast, Capitola Mall is also easily accessible to both local and out of town visitors. More than 4 million tourists are drawn to the county each year, lured by its miles of beaches (voted among the best on the California coast by Sunset Magazine), breathtaking views of Monterey Bay and a variety of popular festivals, making Capitola a world-class destination and locale in which to reside. The Capitola Mall is also the only enclosed shopping center in the county with the nearest competing center 30 miles away.
Highlights
- Located on the most trafficked road in Santa Cruz County
- Total trade area is comprised of 285,482 residents and 100,633 households extending both north and south along the coast for 15 to 20 miles in each direction
- Draws from the neighboring city of Santa Cruz, home to UC-Santa Cruz with an enrollment of nearly 18,000 students
Contacts
Brett Christopoulos, Leasing
bchristopoulos@merlonegeier.comStephen Logan, Development
slogan@merlonegeier.com
