Rick Caruso has announced plans to reopen the Palisades Village luxury shopping center in early 2026 following the destructive Palisades fire. The center, which includes high-end brands like Chanel and Saint Laurent, survived mainly due to the efforts of private firefighters hired by Caruso. Although the surrounding area suffered devastating losses, Caruso believes reopening the Village will encourage the community's return. He defended the use of private firefighters amidst criticism, claiming it was beneficial for the community's safety and L.A. fire resources.
Rick Caruso defended his decision to hire private firefighters by stating, "We protected our property and we also freed up L.A. fire resources to go protect other properties."
Caruso hopes that reopening Palisades Village will encourage community members to return, stating, "If we can get it open as soon as it’s safe and reasonable, it will give people a reason to come back."
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