Fallbrook Mall to Raze the Roof

Looking for a winning formula to spur flagging sales, owners of one of the San Fernando Valley’s oldest shopping malls unveiled plans Monday to transform the aging 75-acre property into an open-air center.

Fallbrook Mall, to be renamed Fallbrook Center, will shift from a traditional mix of anchor tenants and smaller specialty shops to concentrate on larger stores, said officials for Chicago-based General Growth Properties Inc., owner of the 1.2-million-square-foot center in West Hills.

The new tenants will include organic-food store Henry’s Marketplace, Designer Shoe Warehouse, Linens ‘N Things, Party City and a seven-screen Laemmle Theatre, which will replace the 10-screen General Cinema multiplex that closed last year.

Construction will begin this fall and continue through most of next year.