A Beverly Hills-based firm acquired MANCHESTER CENTER in 2011. They released details of a prospective renovation in May 2015. Here we see an exterior view of the "new & improved" shopping center.
Drawing from Omninet Properties

By 2016, the original mall makeover plan had been altered. Here we see a more current rendering of a revitalized MANCHESTER CENTER.
Drawing from http://thenewmanchester.com

In said plan, the old Gottschalks, vacant for over 6 years, is transformed into the Marketplace, an "artisan food community" housing over twelve restaurants. It opens onto an outdoor Events Plaza, which lies between the Marketplace and existing megalex cinema.
Drawing from http://thenewmanchester.com

The renovation of MANCHESTER CENTER got underway in the fall of 2016. When construction dust settles, this is how the complex will be configured. It encompasses 1,023,800 leasable square feet. New tenants could include big box stores, such as Marshalls and Ross Dress For Less.