Westfield’s announcement Monday that it is pulling out of its namesake mall in downtown San Francisco is another blow to San Francisco’s beleaguered Union Square shopping district.
May’s announcement that Nordstrom, the flagship store in San Francisco’s Westfield Center, was closing was a huge blow, but in reality, the shopping center has been steadily losing smaller tenants since 2020.
An analysis by The Standard shows that 45 stores, or 46% of the 97 pre-pandemic retail stores in the mall, have closed since 2020. While 21 new stores opened in the past three years, the wave of closings has left the mall with many job opportunities. Storefronts.
A similar exodus occurred in the downstairs dining hall. Approximately 36 food and beverage vendors were operating inside the mall prior to the pandemic; Only 20 restaurants are still operating. Although eight new cafes have opened in the past three years, vacancies are plentiful.
The Standard carried out an in-depth analysis of vacancies at street level shops in and around Federation Square last month. The results were strikingly similar: Pre-pandemic, 47% of storefronts have closed since 2020.
The tables below show the full list of retailers and restaurants that have closed, opened and remained open as of June 2023 at Westfield SF Center.
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