Overview

Caruso is a privately owned, industry-renowned company that blends best-in-class real estate with five-star hospitality to create a timeless collection of luxury destinations, featuring town centers, residences, offices, street-front retail, and a world-class resort.

 

For nearly three decades, Caruso has been creating extraordinary destinations in some of the most desirable locations in and around Los Angeles. Over the years, we have evolved across multiple lines of business, continually breaking new ground and redefining the shopping and lifestyle experience. While each has its own rich history, every Caruso property is deeply rooted in a dedication to delighting guests, both present and future.

CORE VALUES

We were founded on the belief of serving our communities through the power of connection. Our properties have always been designed to offer people a way to gather, connect, freely exchange ideas, and celebrate the diversity, culture and creativity that make our city so special.

At Caruso, we firmly believe our company, like our city, grows stronger from the diversity of voices and perspectives among us. We benefit from the skills, experiences and commitment of every person who works with us, and together, we are better able to serve our communities. As we continue to nurture a community built on respect and inclusiveness, we re-affirm our commitment to diversity and zero tolerance for discrimination of any form.

In the wake of recent events highlighting antisemitic behavior in our communities and throughout the country, we want to make it clear that our company and properties unequivocally reject antisemitism and religious discrimination of any kind. In solidarity with other government entities, we recognize the International Holocaust Remembrance Alliance’s working definition of antisemitism and its contemporary examples found working conditions. We do not tolerate any form of hate, prejudice or discrimination on our properties, employment practices or any of our programs or activities on the basis of race, color, national or ethnic origin, ancestry, age, religion or religious creed, disability, sex or gender identity.

Our History

1987

Rick Caruso establishes Caruso Affiliated Holdings after purchasing the Loehmann’s site on La Cienega

1992

Caruso opens 333 S. La Cienega, the company’s first retail project

1994

Encino Marketplace, the company’s first market-anchored retail project, opens

1996

After just 22 weeks of construction, Village at Moorpark opens in Thousand Oaks

1996

The Promenade at Westlake is created, completely redefining the traditional “shopping mall” experience, and later wins ICSC’s 1998 International Design and Development Award

1997

Caruso purchases and performs extensive renovation of the Promenade Court, a two-story office building adjacent to The Promenade at Westlake

1998

The Commons at Calabasas opens, garnering multiple international awards including the Urban Land Institute’s Award of Excellence

2002

The Grove is born, breathing new life into the West Los Angeles area and the adjacent Original Farmers Market

2005

Waterside at Marina del Rey opens, sparking a revival of the coastal neighborhood as the community’s go-to gathering place

2005

The Lakes at Thousand Oaks, a beautiful lakeside destination for shopping and dining, opens near the western edge of the Santa Monica Mountains

2008

The Americana at Brand, Caruso’s first mixed-use property, opens in Glendale, completely revitalizing the surrounding area

2012

8500, Caruso’s first stand-alone residential project, redefines luxury living and becomes the West Coast’s most sought-after address

2013

Caruso acquires street-front retail located in the heart of L.A.’s affluent Brentwood community

2016

Caruso restores The Masonic Temple into a striking and innovative Class-A office and retail space

2016

Caruso creates 252 South Brand Blvd, a street-front collection of five popular eateries across from The Americana at Brand

2018

Palisades Village, Caruso’s modern-day re-creation of downtown Pacific Palisades, opens

2019

Rosewood Miramar Beach, Caruso’s five-star beachfront resort, opens in Montecito

Thought Leadership

Discover the latest groundbreaking ideas and intelligent analysis in urban planning, public transportation, retail and real estate.

Our Team

Behind our properties stands a dedicated and accomplished team of the industry’s brightest visionaries who share a strong vision and passion for creating and operating beloved spaces.
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Financials

With over 2.5 million square feet of property assets, Caruso’s current strategic growth plan includes one of the most exciting and varied development and acquisition pipelines in the country.
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