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Valencia Town Center Is Changing Shape: A Resident's Guide to What's Opening in 2026 and 2027

August 6, 2026

For years, the mental map of a Valencia weekend has been anchored by the same handful of stops: coffee near Town Center Drive, a walk around the paseo, dinner somewhere off McBean. That map is being redrawn right now, and most of the redrawing is happening at the southeast end of Valencia Town Center.

If you already live here, this is less a "what's new" list and more a heads up that your default Saturday is about to have new gravity. The short version: the mall is turning into an entertainment district, a real farmers market has landed on Westridge Parkway, and one of the biggest sit-down restaurants the Valley has seen in years is heading to Magic Mountain Parkway.

The Southeast Corner Becomes the Anchor

The single largest change is the arrival of Round1 Bowling & Arcade. It is not a tenant, it is an anchor. Signal SCV reported that the venue will occupy roughly 125,000 square feet at the southeast end of the shopping center and is anticipated to open in early 2027, as part of what the mall is calling the first phase of a multi-phase redevelopment.

For scale, 125,000 square feet is bigger than a typical suburban Target. Dropping that footprint into the southeast end of Valencia Town Center means the property's foot traffic pattern, and the parking lots residents actually use, are going to reorient over the next 18 months.

Round1 itself is a Japanese entertainment concept: bowling lanes, professional-grade billiards, karaoke rooms, and an arcade with games imported from Japan. The Valencia location will also introduce two sub-concepts. Spo-cha, short for "Sports Challenge," is an all-you-can-play area with batting cages, trampolines, and roller skating. YUU Japanese Food Hall sits inside the same venue and, per Signal SCV, offers a curated mix of 14 award-winning Japanese restaurants where guests will find authentic Japanese cuisine from traditional dishes to street food favorites.

Two things are worth flagging for residents. First, this is not a food court with a Panda Express and a Sbarro. YUU is being positioned as a destination in its own right, with ramen, udon, okonomiyaki, takoyaki, and Japanese-style gelato. Second, if you have kids who have aged past Chuck E. Cheese but are not yet driving to Universal, this is the closest large-format indoor entertainment the SCV has had in a long time.

The Rest of the Lineup

Round1 is the marquee, but it is one of ten new openings announced by Centennial, the Dallas-based owner that bought Valencia Town Center in 2023. Centennial announced plans to add more than 175,000 square feet of new dining, entertainment and lifestyle destinations at the mall, phased across 2026 and 2027.

Here is how the announced lineup sorts by what a resident actually cares about, which is whether it is open on a given Saturday.

Open now or opening this summer:

  • CAVA (Mediterranean fast casual, Valencia)
  • KPOT Korean BBQ & Hot Pot
  • Bushfire Kitchen

Announced, opening across 2026 and 2027:

  • Round1 Bowling & Arcade, Spo-cha, and YUU Japanese Food Hall (early 2027, southeast end)
  • Additional dining and lifestyle tenants under the Centennial expansion, rolling out in phases

The framing from the general manager is worth reading closely. Michael de Leon, General Manager of Valencia Town Center, said, "We aren't just adding stores, we are curating experiences," and pointed to "the high-energy gaming at Round1" and "the communal dining of KPOT" as brands that "reflect the vibrant, family-oriented energy of Santa Clarita."

Translate that from press-release language and the strategy is legible: the property is being repositioned from a traditional apparel-and-department-store mall into an experience-anchored district. That matters for residents because the reason you go to Town Center is going to shift. You will still shop there. You will also, increasingly, go there specifically to eat dinner, bowl, or kill three hours with the kids on a rainy Sunday.

Sunday Mornings Move West

While the mall is reorganizing itself around evenings and weekends, a different piece of the Valencia routine has already changed on Sunday mornings.

The Valencia FivePoint Farmers Market launched as a certified market off Westridge Parkway. It is billed as a source for seasonal fruits, crisp veggies, artisan breads, handcrafted pastries, and locally raised meats and fresh eggs from California's family farms, with ready-to-eat food available while you shop.

For a resident, the practical detail is the location. If you have been driving to Old Town Newhall on Saturday mornings for the Newhall Farmers Market, which the City of Santa Clarita lists as running Saturdays 8:30 a.m. to 1:00 p.m. at the Old Town Newhall Library, you now have a second option 15 minutes closer for most Valencia addresses. The FivePoint site is reachable by taking Valencia Boulevard to Westridge Parkway, or by exiting I-5 at Magic Mountain Parkway and turning onto Navigation Avenue.

This is not a knock on the Old Town market, which remains the anchor for Newhall's Saturday morning scene. It is a note that Valencia now has a Sunday equivalent inside its own footprint, which the neighborhood did not have a year ago.

The River Oaks Piece

The Town Center is not the only lifestyle piece moving in Valencia. Yard House, the large-format restaurant known for its draft beer program, is planned for the River Oaks Shopping Center on Magic Mountain Parkway. That will slot into what is already one of the most active retail corners in the Valley, and it changes the calculus for group dinners that until now often ended up outside Valencia entirely.

The pattern here is the same as at Town Center. What is arriving is not another quick-service chain filling a small pad. It is a larger-format concept that pulls people from across the SCV, and it lands on the west side of the Valencia grid rather than in Old Town or Canyon Country.

What This Actually Changes for Residents

Roundups of new openings are easy to read and easy to forget. The reason to pay attention here is that three separate moves, all announced or opened inside a twelve-month window, point in the same direction:

  1. The retail center of gravity in Valencia is shifting from a traditional mall floor plan to an experience-anchored destination, with the southeast corner of Town Center as the new anchor.
  2. Sunday mornings have a new default inside Valencia, on Westridge Parkway rather than a drive into Newhall or out of the Valley.
  3. Sit-down dining capacity on Magic Mountain Parkway is expanding at a scale the SCV has not seen in years, which changes where you take out-of-town guests without leaving the 91355.

If you have owned in Valencia for a decade or more, you have watched this cycle before. Town Center opened, Westfield came and went, the paseos filled in, restaurants opened and closed on the same pads. What is different about the current cycle is the size of the footprints. A 125,000-square-foot entertainment anchor and a 175,000-square-foot expansion do not get absorbed quietly. They pull traffic patterns with them.

The City of Santa Clarita is layering its own calendar on top of all of this. Fireworks return to Valencia Town Center on July 4, 2026 at 9:15 p.m., with the soundtrack broadcast live on KHTS AM 1220. Concerts in the Park at Central Park, presented by Logix Federal Credit Union, run Saturdays from July 11 through August 29, 2026 at 7:00 p.m. Between the city calendar and the mall's own rolling openings, the number of reasons to stay inside Valencia on a weekend is going up, not down.

A Working Plan for the Next Twelve Months

For a resident, the useful takeaway is not a list of names. It is a sequence.

  • Right now, treat CAVA, KPOT, and Bushfire Kitchen as the test kitchen for how the new Town Center is going to feel. If the crowd at those spots holds up through the fall, the rest of the Centennial rollout will land into demand rather than into hope.
  • Move your farmers market habit to Sunday at the Westridge site at least once before deciding whether it replaces or supplements the Saturday Newhall trip.
  • When Yard House opens on Magic Mountain Parkway, expect a reservation crunch for the first six months. Plan around it, or use it as the reason to finally try one of the smaller Valencia restaurants that have been quietly holding their own.
  • Watch the southeast end of Town Center in the second half of 2026. The construction phasing there will tell you when Round1 is actually going to open, regardless of what the current early-2027 target says.

None of this changes the fundamentals of why people live in Valencia. It does change the texture of a normal weekend, and the texture of a weekend is a real part of what a home here is worth.

If you are thinking about how the next phase of Valencia's development fits into a longer-term move, whether that is a first purchase, a right-sizing, or an investment decision, Montemayor & Associates has been reading this market for a long time and is happy to talk it through. Contact Us when you want a conversation that starts with the neighborhood, not the listing.

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