Salon at the Yard, owned by Malibu's Paula Marchetti, has been at the location for nearly three and a half years and is set to close Oct. 1. Marchetti has been doing the hair of city officials, celebrities and locals alike for nearly 25 years in Malibu. She's currently looking for a new space.
The local business is closing because of issues over the rent with Glimcher Realty Inc., which owns the leasehold interest in the Malibu Lumber Yard. The city of Malibu owns the land under the Malibu Lumber Yard, but cannot get involved, according to City Manager Jim Thorsen.
"The council and the city can't get involved with those types of issues," Thorsen told Malibu Patch.
Representatives for Glimcher Realty Trust could not be reached for comment in time for this article.
The closure comes as the city is debating a formula retail ordinance, which would put limits on new chain stores in Malibu's Civic Center.
On Monday, the Malibu City Council directed city staff to amend the ordinance to put a maximum cap of 40 percent of formula retail stores in shopping centers in the Civic Center. The council is expected to consider adopting the ordinance in a few weeks.
The salon is located on the second floor of the Malibu Lumber Yard, which is in conformance with the proposed 40 percent cap, according to a Malibu staff report. The first floor of the Lumber Yard is not -- it exceeds the square footage limitation by 73 percent, the report states.
An attorney for Glimcher told the City Council on Monday night that the lease for the shopping center would be in conflict with the formula retail ordinance.
“The lease is going to be in direct conflict with the ordinance,” the attorney said.
Do you think that Salon at the Yard should be allowed to stay? Tell us in the comments.