For much of its life, it has been a major economic contributor and important social center for the community. Villa's presence, combined with the Lakewood Commons, Civic Center, Heritage Center and Belmar Park has defined the intersection of Wadsworth and Alameda as the heart of the Lakewood community. Sadly, Villa has declined for most of the last decade. Changes in the market place, lifestyles and the retail industry sapped much of its energy. The decline of older malls is a national phenomenon.
Villa is now on a course similar to that of Cinderella City.
It is important that Villa not languish and become a community liability. It is essential to intervene now while there is still vitality left. Continuum Partners recognizes the historic importance of the Villa site to the Lakewood community. Working closely with Lakewood citizens and the City, we have developed a new vision for the Villa site. That vision involves a mix of uses and an emphasis on pedestrian and public space.