Rick Caruso, the man behind The Grove and the Americana at Brand, has just revealed his plans for the huge makeover of Palisades Village, a large section of downtown Pacific Palisades along Swarthmore Avenue, and he’s pulling a reverse-Pinocchio, taking a real (drab) street and turning it into a fakey, Grovey wonderland. He’ll reduce car traffic from two lanes to one lane, add a move theater in a replica of the 1948 Bay Theater, and create a “collection of charming storefronts oriented around Swarthmore Avenue and a central park,” according to a new website for the project. The new Palisades Village will have a mix of “independent specialty shops” and “renowned luxury tenants,” plus a specialty grocer, restaurants with outdoor dining, and a community room.

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