How Rick Caruso’s Vision and Philanthropy Are Shaping L.A.
Rick Caruso says he builds for the next 100 years. The Westside Los Angeles-based real estate developer and billionaire is the force behind the Grove,…
About Us
Caruso has created a timeless collection of beloved destinations that reflect the unique fabric of the communities in which they live. Crafted with close attention to detail, award-winning design excellence and unbridled imagination, the experience at each is at once comfortable and extraordinary. Whether it’s a town square, luxury apartment building, street-front retail collection, or a five-star hotel in development, Caruso’s properties are captivating places where people from all over the world gather to live, work, shop, eat and enjoy life.
Featured Properties
Palisades Village
Having opened September 2018, Palisades Village has quickly established itself as what Food & Wine describe as “L.A.’s star-studded instant sensation.” Situated in Southern California's sunny and stylish Pacific Palisades, this bespoke walkable village is home to over 40 uniquely curated boutiques, entertainment and fresh-food experiences.
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The Grove
Ranked #2 on Fortune’s 10 highest sales-generating shopping centers in the country, The Grove has solidified itself as an L.A. landmark, cherished for its beautifully landscaped outdoor shopping and dining.
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Operating Principles
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Create welcoming places people love.
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Respect and reflect each community we join.
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Find the win-win for everyone involved.
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Take joy in delighting people.
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Treat time as a luxury.
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Perfect every detail—it’s all important.
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Invest in the future and never stop evolving.
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Make it happen today. Follow up relentlessly.
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Have integrity in every action, every word.
Latest News
The Grove’s Rick Caruso on Opening His First Hotel
Best known for his lively L.A. retail ventures, such as Palisades Village and The Grove, billionaire developer Rick Caruso has long dreamed of opening a…
This New Coastal Village Was Designed to Be Picture-Perfect
Twelve years ago, developer Rick Caruso began envisioning a center of town for a town that had no center: Pacific Palisades, a seaside Los Angeles…
Lost LA: Fantasyland
Los Angeles has long been the place where you can imagine something — any time period, any locale, ordinary or exotic, real or fantasy…
The Grove Evolves Pop-up Concept With Pop Shops
With pop-ups no longer a novelty, Caruso has taken the concept one step further with the launch of Pop Shops at The Grove shopping center….
Michelle Obama Reads To LA Students, Sells Out The Forum For Book Signing
A group of preschoolers at a downtown education center sang songs Thursday morning, unaware of who would soon walk through the door. “We have a…
The Walt Disney Of Retail: Meet The Billionaire Building The Malls Of The Future
T o understand The Grove, the 575,000-square-foot shopping Xanadu in central Los Angeles, let its owner, Rick Caruso, introduce you to its neighbor, the iconic…
Rachel Zoe Sets Up Shop at Palisades Village to Offer Favorite Vintage Goods and More
When it came to planning her fashion boutique in the Pacific Palisades, Rachel Zoe set out to find the answer to what women want. “What…
Where to Eat at Palisades Village, L.A.’s Star-Studded Instant Sensation
The Blue Ribbon team does burgers at Hank’s while Sweet Laurel’s gluten-free treats get a brick-and-mortar home. Chef Bruce Bromberg, co-founder of the Blue Ribbon empire, has…
Stars, Smiles and Sales Per Square Foot: Rick Caruso’s Palisades Village Is Open for Business
The fashion-filled Pacific Palisades retail center opened to much fanfare from the starry community on Saturday. Saturday was just another sunny, busy day in Pacific…
Social Impact
When we join a community, we make every effort to contribute meaningfully to its economic, social and environmental well-being.
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Strategic Development and Innovation
In order to continually elevate our guests’ experiences, our finger rests firmly on the pulse of consumer trends, emerging technology and disruptive innovations.
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Driven by a passion for delighting the people we serve, Caruso never stops striving to enhance our guests’ experience, our tenants’ success and our communities’ pride.
Rick J. Caruso