![]() ![]() Business was improving, according to the manager of the Broadway, but the Los Angeles Times characterized retail in the area as "awaiting revival". In 1986, the Panorama Mall ranked 40th out of the 61 regional shopping malls in Los Angeles and Orange Counties with more than $68 million in annual sales. A large stainless sculpture by artist Sebastian Trovato was added, portraying intertwining rings. The retail sales area increased to 145,000 square feet (13,500 m 2) and the mall was physically connected to the adjacent Broadway store. The $7 million in improvements included a refresh to the look of the mall, new construction including a second strip of shops, plus a roof over the mall walkway. bought the mall for $5.8 million, enclosed and renovated it. real estate development firm and the Connecticut General Mortgage and Realty Investments Co. In 1979, the Santa Monica-based Macerich Co. Īn LAPD cruiser assigned to patrol Panorama Mall.īy the 1970s, business had declined compared to other regional malls that had opened in the Valley, such as the Sherman Oaks Galleria, Sherman Oaks Fashion Square, and Northridge Fashion Center. These included three full-line freestanding department stores within one block of The Broadway. ![]()
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