181190 Resource 135547 120144 120144 1188279402659 1188280479346 Controlled Desperately Seeking Retailers: Newhall Redevelopment Encounters Another Hurdle

Wild Oats, seen as a potential medium-box retailer for Old Town Newhall, is no longer an option.

<p>The challenge of enticing upscale and unique retailers to the <a title="Old Town Newhall Redevelopment" href="item/167331" target="_blank">Old Town Newhall Redevelopment</a> area has encountered another hurdle in the merger of <a title="Wild Oats Market" href="http://www.wildoats.com/" target="_blank">Wild Oats Markets</a> into <a title="Whole Foods Market" href="http://wholefoodsmarket.com/" target="_blank">Whole Foods Markets</a>. <a title="Wild Oats Market" href="http://www.wildoats.com/" target="_blank">Wild Oats</a> had been seen as a potential retailer for the Old Town (Downtown) Newhall area, since they had apparently been looking to expand before the merger talks began.</p><p>After the merger is complete, <a title="Whole Foods Market" href="http://wholefoodsmarket.com/" target="_blank">Whole Foods</a> will own 84.1 percent of the outstanding shares of <a title="Wild Oats Market" href="http://www.wildoats.com/" target="_blank">Wild Oats</a>. The Federal Trade Commission (FTC) had attempted to block the deal, saying that it created less competition and higher prices for premium grocery stores.&nbsp;However, the U.S. Court of Appeals refused to delay the sale in a decision&nbsp;last week.</p><p>So, Old Town Newhall is still desperately seeking retailers to bring to the area once they chase away all of the current &quot;undesireables&quot;, or existing retail, service and automotive-related businesses. They're facing stiff competition in the retail arena, with Bridgeport Marketplace already under construction, and the <a title="Valencia Town Center Mall" href="http://www.valenciatowncenter.com/" target="_blank">Valencia Town Center Mall</a> expansion has been approved as well. </p><p>These two new and expanded Valencia locations will bring an abundance of new shopping and dining venues to the Santa Clarita Valley, and they'll have the pick of the litter when it comes to attracting new retail and dining choices to the area. Newhall will be lucky to play second fiddle in this new retail game.</p><p>No wonder the <a title="Old Town Newhall Sell-Off" href="item/180613" target="_blank">Old Town Newhall Sell-Off</a> is in full swing, with property owners attempting to get their profits while they can!</p> 9 application/xml bridgeport marketplace downtown newhall old town newhall santa clarita valencia town center whole foods wild oats A look a the larger retail stores considered for the Old Town Newhall Redevelopment Area. item/167331 Santa Clarita Planning Commission approves expansion of Valencia Town Center Mall. item/176473 An entire block fronting San Fernando Road in the Old Town Newhall area of Santa Clarita is up for grabs. item/180613 Newhall properties in redevelopment zone are being dumped (er... listed for sale). item/177647 false Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.1; .NET CLR 1.0.3705; .NET CLR 1.1.4322; Media Center PC 3.1) 127.0.0.1 127.0.0.1 lslocum false true false false true 181698 false false true false false false true 135547 blog blogsite/SantaClaritaRealEstate/web