Portfolio
Mixed-Use Urban Village

Paseo Colorado

Pasadena, California
Paseo Colorado. The landscaped courtyard plaza at the heart of the mixed-use urban village.
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• Courtyard View

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Paseo Colorado. The landscaped courtyard plaza at the heart of the mixed-use urban village.
Type
Mixed-Use Urban Village
Size
980,000
SF
Residences
400
Units
Development Cost
$130M
Type
Mixed-Use Urban Village
Size
980,000
SF
Residences
400
Units
Development Cost
$130M
§ I · The Reset

Paseo Colorado is the Paseo Colorado Pasadena redevelopment that taught Southern California how to redevelop a failed enclosed shopping mall into a true urban district.

The development replaced the inward-facing 1980s Plaza Pasadena mall with an open-air, pedestrian-scaled mixed-use urban village stretching three city blocks along Colorado Boulevard, Pasadena’s main commercial spine, and integrated directly into the Civic Center corridor.

Paseo Colorado Pasadena. Mediterranean-style retail and residential building along the street frontage. Pasadena commercial real estate.
Fig. 07.2

Mediterranean-scaled retail and residential frontage along Colorado Boulevard.

Photograph

§ II · The Reinvention

At delivery, the project comprised approximately 600,000 square feet of retail and mixed-use program, 380,000 square feet of luxury residential above retail Pasadena program, and 3,054 parking spaces across multiple structures, all on an eleven-acre site. The retail program was anchored by a renovated Macy’s and a Gelson’s supermarket, joined by 56 specialty shops, seven destination restaurants, a health club, a day spa, and a 14-screen cinema. Above the podium, 400 luxury residences brought a 24/7 population to a downtown that previously emptied at six o’clock.

Paseo Colorado Pasadena. Open-air plaza with outdoor dining and residential above the retail. Southern California mixed-use retail developer.
Fig. 07.3

The open-air plaza. 400 luxury residences above 600,000 square feet of retail and dining.

Photograph

§ III · The Template

The project also restored the Garfield Promenade, a 77-foot pedestrian walkway re-linking the Pasadena Civic Auditorium to the Municipal Library after decades of severance. Paseo Colorado remains a foundational case study in adaptive urban redevelopment, frequently cited by ULI and New Urbanist practitioners as the template for downtown Pasadena redevelopment and downtown reinvestment in legacy retail districts across Southern California.

A failed 1980s mall remade into a three-block urban village. The template downtowns still study.

Investment · Partnership

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