Oct 24, 2013, 2:35pm PDT Updated: Oct 24, 2013, 4:03pm PDT

Stanford Shopping Center plans four new retail buildings

A view looking at the new Bloomingdale's. Click above to see the layout of the planned new buildings.

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Nathan Donato-Weinstein: Real Estate Reporter- Silicon Valley Business Journal; Email | Twitter

Stanford Shopping Center is adding four new retail buildings — and maybe retailers including Palo Alto Creamery and Anthropologie —without changing its total footprint.

How? Essentially, a game of retail musical chairs.
Mall operator Simon Properties this month submitted early plans to the city of Palo Alto for the project, which will complete a reshuffling of two longtime tenants and upgrade the mall's appearance. The plans may hint at who's on deck for the new space (more on that below).
Here's how it all works: The four new shop buildings, totaling about 140,000 square feet, will stand at the site where Bloomingdale's has been for decades. That's possible because Bloomingdale's will soon move to a smaller location, where the Fleming's restaurant used to be. But don't shed any tears for Fleming's: It's already moved to a new building on a portion of a former parking lot.
The upshot: The new buildings will soak up the space Bloomie's left behind, keeping the mall at the same size limit of about 1.475 million square feet.
"Modernizing the Stanford Shopping Center to reflect today's simple yet elegant life style is our goal for the project," Simon architects write in a project introduction.

What's on tap

The most significant part of the new phase, which must still be approved by the city, is the four new buildings. Three would be a little over 30,000 square feet, with the fourth weighing in at 51,000 square feet. The latter would also include office space on the second floor.
The buildings will be arranged in a grid, with two new pedestrian streets running through them. The new east/west walkway "will become another major shopping street, similar to Main Street," Simon officials wrote. "This gradually widening street is envisioned to be a tree-lined urban environment with a modern and exciting ambiance."

What's your favorite Silicon Valley mall?

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Nathan Donato-Weinstein covers commercial real estate and transportation for the Silicon Valley Business Journal.

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