Rick Caruso’s outdoor malls are a cleaned-up facsimile of city life.
By Tina Daunt, Times Staff Writer
December 1, 2004
Multimillionare developer Rick Caruso is walking past the shops on Royal Street in the heart of the French Quarter, surveying the streetscape with all its architectural elegance and decay.
Little escapes the notice of the Los Angeles businessman: the ornately carved crown moldings, the wrought iron balconies, sizzling gas lanterns, cypress shutters, cracked sidewalks, leaning walls, bare wires. The place is beautiful but worn out. To Caruso, it looks like a dump.
“They certainly haven’t spent any money on maintenance,” he says. “I don’t see any reason to ever come back here again.”
Former Los Angeles Mayor Richard Riordan opposed Caruso’s effort to remove Parks as chief, but says he admires the developer’s business sense.
“His father is a wealthy man, so he came to it the easy way,” Riordan says. “But he never let that make him lazy.
“I think he’s ready to take over Los Angeles.”
The text of this story was taken down at the request of the LA Times (May 14, 2008). The timing of this request to remove the text is probably related to the recent opening of Caruso’s Americana mall in Glendale, which was lavishly and flatteringly covered by the LA Times.
The story which was taken down was an interesting portrait of Caruso as a born-wealthy Republican fundraiser with an avowed hatred for the disorder of living cities. It’s an interesting picture, especially given the rumors of his possible run for LA mayor. Sadly, the original link to the story on the Times website is now broken. However the full text of this article seems to be available for purchase for just $3.95.
Four bucks may seem like a lot just to read a short biographical article from 2004. But clearly the Tribune-owned LA Times knows how to run a profitable business, so rather than question their economic decisions, let us simply wish them the best.