#United States #Palmdale #Steerpoint Capital #Antelope Valley Mall #Round1 Bowling

Transformative Reinvestment at Antelope Valley Mall

PALMDALE, Calif., Sept. 3, 2025 — A new era is dawning for the Antelope Valley Mall as Mershops and Steerpoint Capital unveil an ambitious plan for revitalization that promises to transform this beloved community hub into a vibrant entertainment and dining destination. With a significant public investment of $5 million, the project is aimed at injecting fresh energy and excitement into the mall, while also enhancing the local economy and job market.

At the center of this redevelopment initiative is the introduction of Round1 Bowling & Amusement, slated to occupy over 75,000 square feet within the mall. This addition is expected to act as a strong magnet for visitors not just from Palmdale, but also from neighboring communities such as Lancaster, Santa Clarita, and Mojave. Additionally, the mall's food court will undergo a redesign to elevate the dining experiences available to patrons, making it a go-to spot for families and friends.

The relaunch comes on the heels of a unanimous vote from the Palmdale City Council, who have expressed strong support for this public investment as a means to align with community priorities. Mayor Pro Tem Laura Bettencourt stated, "This reinvestment marks an exciting new chapter for Palmdale. The Antelope Valley Mall has always been a cornerstone of our community, and with these enhancements, it will again serve as a vibrant gathering place for families, visitors, and residents across the region."

The decision to invest in the mall stems from Steerpoint's proactive approach to retail management, which prioritizes a balanced mix of entertainment, dining, retail, and lifestyle offerings. Bo Okoroji, Founder and CEO of Steerpoint Capital, emphasized the importance of community input in shaping the plan. "This investment will create new jobs, increase visitor traffic, and position Mershops Antelope Valley Mall as a premier destination in the region," he noted. "From day one, we rolled up our sleeves alongside the City, listened to what the community wanted, and structured a plan that elevates the customer experience, strengthens the tenant mix, and creates long-term value for our partners and the community."

Steerpoint’s collaborative partnership with Round1 Bowling & Amusement is regarded as a game-changer; it signifies a commitment not just to the mall but to enhancing the overall community experience. Jason Jaffe, Director of Leasing & Asset Strategy at Steerpoint, highlighted this relationship as instrumental in fulfilling a larger vision for Antelope Valley. "We're building a destination people will be proud to call their own, and this is just the start."

Antelope Valley Mall, established in 1990, has a rich history as the premier shopping and entertainment facility for the region. It features over 140 specialty retailers and well-known national anchors such as Dick's Sporting Goods and JCPenney, making it a vital part of the local economy. The mall’s transformation reflects an ongoing evolution, ensuring that it meets and exceeds the expectations of a modern shopping experience.

As construction progresses on this exciting development, residents and visitors alike can look forward to a revitalized space that not only caters to shopping needs but also provides enriched entertainment and fine dining options.

For more information on the ongoing transformation at Antelope Valley Mall, regular updates will be shared on the official website, av-mall.com. Residents are encouraged to engage with the enhancements and contribute ideas to further develop this essential community resource.