clock menu more-arrow no yes

Filed under:

Malled: Oil-Rich Beverly Center?

New, 2 comments

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

Photo via Bloomberg

Talk about a retail oddity. Per Bloomberg via Defamer, the Beverly Center is a well-oiled shopping machine:

"Beverly Center's kidney-bean shape was designed to accommodate drilling. It's one of two sites within blocks of Beverly Hills, a city of about 35,000 where Houston-based Plains, the fourth-biggest producer in California, is expanding. The 26-year-old mall houses 160 retailers, including Gucci, Louis Vuitton and Burberry. Pumping operations are hidden behind a wall between Macy's and Bloomingdale's."

Huh? Per the mall's General Manager Jeff Brown: "There are oil wells all over the place. Drive down the street, you see hotel, beautiful house, oil well. Here, I don't know if shoppers know there's one or not. They probably don't." Apparently, record high oil prices have companies tapping more from California's resources, a state which is "the fourth-biggest U.S. producer of crude..."
· The Beverly Center Will Drink Your Milkshake! [Defamer]