Press Releases

CARMEL, Calif.-September 19, 2006 - With the successful opening of the new Safeway under its belt at the Crossroads Shopping Village, the owners of the shopping village, Carmel Valley Partners, is equally excited about the next phases of the shopping center remodel. In addition to the construction of the new Safeway, other highlights of the multi-million dollar remodel include:

* An expanded parking lot with new landscaping and lighting;
* A new retail shops building adjacent to the existing Longs, designed to complement the existing architecture of the new Safeway and Boulevard shops;
* A storefront remodel of Longs Drugs designed to complement architecture of the new Safeway; and
* Exterior remodel of the animal hospital and adjacent shops to match the existing Boulevard shops.

Additionally, Carmel Valley Partners and Safeway are working together to relocate the John Garth mural to a new location within the Crossroads Shopping Village. The mural will be displayed next to Longs, as part of a new pedestrian walkway that will lead to the adjacent Boulevard shops and cafes.

Remodeling the former mall area, Longs and animal hospital building, along with the demolition of the old Safeway store, is currently in process. In late November 2006, the expanded parking area in front of the new Safeway store is expected to open. The remainder of the shopping village remodel will be completed by mid-year 2007.

"We have received an outpour of support from our tenants and neighbors. We have all worked together in the spirit of cooperation and are looking forward to being able to offer our customers, tenants and the community a first-class shopping and dining experience," stated Cynthia Buhl, the general manager of the Crossroads Shopping Village.

Since 1967, the Crossroads Shopping Village, located at 243 Crossroads Boulevard in Carmel, has been a local shopping and dining landmark. The property offers an impressive selection of unique boutiques, as well as award winning dining and plenty of pet friendly outdoor seating. For more information about the Crossroads Shopping Village visit www.crossroadsshoppingvillage.com or call 831.625.4106.