Paseo Colorado, a $200 million new urban redevelopment

Paseo Colorado, a $200 million new urban redevelopment of a failed shopping mall in Pasadena, California, staged its grand opening in October. About 70 shops and restaurants were expected to open in coming months in a tough retail climate. The project is one of the first — and therefore closely watched — major attempts at New Urbanism in the Los Angeles area, opening up a blocked-off street and mixing 600,000 square feet of commercial and nearly 400 residential units.