The well-known and beloved Regency theater at the Calabasas Commons played its last showing on December 28th, 2025. Since its opening in November, 1998, the theatre has quickly become a staple in the valley. The end of this era marks a significant change in the local community, as the theatre has become a popular gathering spot for local families over the years. Now, the Calabasas landmark is surrounded by chain-link fences, an eyesore for shoppers. In addition, a big chunk of the parking lot has been sectioned off, construction soon to begin.
This change comes after speculation that the Calabasas Commons would be improved. American businessman, Rick Caruso, is now replacing Regency theatres with apartments as part of a broader redevelopment plan approved by the city council. The new building is meant to be housing for low-income families, but questions about this plan have caused greater public pressure for improvement.
The 85-foot building is said to hold 120 units, 12 of which are for low-income families, only 10%. This project has left many Calabasas residents saddened and nostalgic for how it looked in prior decades.
Many valley residents shared their complaints and expectations regarding the new construction.
“I’ve always loved going there. I went there for New Year’s Eve a few years ago, so it’s disappointing that it’s closing. I wish they were improving the theatre rather than getting rid of it altogether,” says Evelyn Lepsher, a community member.
Most residents recognized the new opportunities it will hold, but still feel nostalgic and protective over their local theater.
“It was actually a pretty cool movie theatre. I really liked it, and even though I am excited about the new housing, I think it will make parking more challenging. I’ve lived here my whole life, and it has always been here. I’m sad to see it go,” says Cheyenne Jones, a Calabasas resident.
Due to the concerns, Caruso’s team has attempted to ease some tensions.
“We have been delighted by the way Calabasas has embraced The Commons since we opened our doors 25 years ago, making it a familiar and beloved destination for guests of all ages, but it’s time for change,” said Chris Robertson, Caruso’s vice president, via The Acorn.
The proposed design will drastically change how the commons has looked for decades, starting in 2026 with a brand new gathering place.
“I had so many memories there. It’s so sad to see such a historic place torn down, because I grew up going there. The construction has also made it difficult to park and shop, and I don’t know how long the revamp will take,” says Inessa Macertoon, a Junior at CHS.
“I think that it is terrible that it is closing and not fair to the community. There are no more activities to do in Calabasas, and I think they are destroying the liveliness of the city,” says Anika Williams, a sophomore at CHS.
This story continues as construction is ongoing, with completion expected in the fall of 2027. With rising parking concerns, traffic, and the threatened charm of the local Calabasas Commons, many await the final vision to come to life.
