Third Street Promenade

Third Street Promenade

A picture taken in the heart of the Promenade
Location	Santa Monica, California, USA
Opening date	1965
Developer	The Hahn Company and The Rouse Company
Management	Macerich
Owner	Macerich
No. of anchor tenants	3
Total retail floor area	475,000sf
No. of floors	1
Parking	Structured
Website	Third Street Promenade and Downtown Santa Monica

The Third Street Promenade is an upscale shopping, dining and entertainment complex in the downtown area of Santa Monica, California. It is considered a premier shopping and dining district on the Westside and draws crowds from all over the Greater Los Angeles Area. Due to its proximity to the Pacific Ocean coupled with Los Angeles's mild climate, it is also a popular tourist destination.

Third Street Promenade has been a center of business in Santa Monica since the town's inception in the late 19th century. The Promenade's roots date back to the 1960s when three blocks of Third Street were converted into a pedestrian mall. Although successful, by the late 1970s, the Santa Monica Mall (as it was then called), was in need of modernization and a redesign. A new enclosed shopping center, Santa Monica Place (1980–2007), designed by Frank Gehry was added at the Promenade's southern end. A citywide bond measure was issued and architectural firm ROMA Design Group was hired to redesign Santa Monica Mall. The renamed Third Street Promenade opened on September 16, 1989, and has since become the nationally recognized success that it is today. The project was part of a larger redevelopment effort, encompassing several blocks of Downtown Santa Monica. Santa Monica Place has since been renovated into a new open-air shopping and dining experience that re-opened on August 6, 2010.

Although wildly successful, many long-time local residents of Santa Monica have mixed feelings about the Third Street Promenade, particularly about the homogenized stores and restaurants and the loss of the distinct personality and individuality provided by such independent stores as the Midnight Special Bookstore, present in the original mall. This "clone" aspect makes Third Street Promenade almost indistinguishable from any other outdoor plaza in the Los Angeles area (such as Americana at Brand, Old Town Pasadena, or Universal City Walk). Other points of contention for locals center on the increased traffic along Santa Monica Blvd, Wilshire Blvd. and Arizona Avenue, and over-crowded parking structures. Parking appears to be a continuous issue for the residents and visitors of the Third Street Promenade. Startups such as ParkMe.Inc (a Santa Monica-based technology startup) have launched services to ease this ever-present problem.