Extensive renovations to Westfield North County’s shopping, parking, entry and dining areas are expected to begin during this year’s first quarter and conclude by year’s end.

Extensive renovations to Westfield North County’s shopping, parking, entry and dining areas are expected to begin during this year’s first quarter and conclude by year’s end.

WESTFIELD GROUP

Chief executives: Peter Lowy, Steven Lowy (managing directors).

Revenue: $4.1 billion in 2009; $3.6 billion in 2010.

Net income: $458 million loss in 2009; $2.3 billion net income in 2010.

No. of local employees: 113.

Headquarters: Sydney, Australia.

Year founded: 1960.

Company description: Operates portfolio of 124 shopping centers in five countries valued at more than $59 billion, including seven San Diego County malls.

Key factors for success: Company emphasizes large regional centers that are among the dominant properties in their respective markets.

Westfield Group, which owns seven large malls throughout San Diego County, will soon embark on a $56 million makeover of Westfield North County, now that it has gotten approval from the Escondido City Council...

Take 1 minute to subscribe and you'll get this story immediately, plus:

Already a subscriber? Sign in

  • 52 weekly issues
  • Subscriber-only digital content every business day, plus full access to SDBJ.com archives
  • Book of Lists — the most comprehensive business resource in San Diego
  • San Diego 500 — influential business leaders you need to know
Yours for only $99