Fashion Valley to receive multimillion-dollar facelift

San Diego Indianapolis, Ind.-based Simon Property Group said Thursday it has launched a 14-month comprehensive renovation of Fashion Valley, in San Diego.

Simon also announced that the Saks building at Fashion Valley will soon be redeveloped into specialty store space. The company said that negotiations are continuing with several fashion specialty stores to fill the space.

Construction on the comprehensive renovation is slated to start in July, with completion planned for September 2011. New features will include a completely renovated Food Court; new landscaping throughout the common areas; added soft-seating areas; water features; updated lighting; new materials throughout; and a new logo and graphics.