TORRANCE, CALIF. – Construction has commenced on Phase II of Storm Plaza, anew retail center in Torrance. The 21,500-square-foot phase will be located on 4.2 acres at the northwest corner of Sepulveda Boulevard and Normandie Avenue.
Wells Fargo recently signed onto the center, announcing it would open a 4,250-square-foot branch. The second phase of construction is scheduled for completion this fall. Phase I included a 16,556-square-foot CVS/pharmacy that opened this past November.
Phase III of Storm Plaza will add 13,000 additional square feet of space. Anticipated uses include restaurants and large retail. All phases of the $15-million project should be complete by the first quarter of 2015.
The 50,000-square-foot Storm Plaza is being constructed on the site of the former Ricky & Ronnie's Drive-in. It is being developed by Storm Properties.