-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 NOSTW8GvQsHV38SSA8KjNUpO7jQMF3/fFEdycbJn7vtMYr5e/XOEL7czimEPRsfH
 L91duh3Q+0/mcy7uJIZxjQ==

<SEC-DOCUMENT>0000899140-04-000017.txt : 20040107
<SEC-HEADER>0000899140-04-000017.hdr.sgml : 20040107
<ACCEPTANCE-DATETIME>20040107165714
ACCESSION NUMBER:		0000899140-04-000017
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040105
FILED AS OF DATE:		20040107

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PRICE LEGACY CORP
		CENTRAL INDEX KEY:			0000929647
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				330628740
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		17140 BERNARDO CENTER DRIVE, SUITE 300
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92128
		BUSINESS PHONE:		8586759400

	MAIL ADDRESS:	
		STREET 1:		17140 BERNARDO CENTER DRIVE, SUITE 300
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92128

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PRICE ENTERPRISES INC
		DATE OF NAME CHANGE:	19940907

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			KEATING MELVIN L
		CENTRAL INDEX KEY:			0001263463

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-16637
		FILM NUMBER:		04513640

	BUSINESS ADDRESS:	
		STREET 1:		18 DRIFTWOOD DRIVE
		CITY:			LIVINGSTON
		STATE:			NJ
		ZIP:			07039
		BUSINESS PHONE:		9735339277

	MAIL ADDRESS:	
		STREET 1:		18 DRIFTWOOD DRIVE
		CITY:			LIVINGSTON
		STATE:			NJ
		ZIP:			07039
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>keating_price4-010704ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   07/25/03  TT    -->
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2004-01-05</periodOfReport>
   <notSubjectToSection16>1</notSubjectToSection16>
    <issuer>
        <issuerCik>0000929647</issuerCik>
        <issuerName>PRICE LEGACY CORP</issuerName>
        <issuerTradingSymbol>XLG</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001263463</rptOwnerCik>
            <rptOwnerName>KEATING MELVIN L</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>18 DRIFTWOOD DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>LIVINGSTON</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>07039</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>0</isDirector>
         <isOfficer>0</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>1</isOther>
         <otherText>Former Director (1)</otherText>
      </reportingOwnerRelationship>
   </reportingOwner>
   <remarks>(1) As reported in Mr. Keating's previous Form 4, Warburg, Pincus Equity
Partners,L.P.(&quot;WPEP&quot;) and its affiliated funds disposed  of  all of the
securities of Price Legacy Corporation  (the &quot;Company&quot;) that they held.Mr.
Keating had served  as a designee of  WPEP and its affiliated  funds  to the
Company's Board of Directors.Upon the closing of  this sale  on January 5,2004,
pursuant to the Company's  Articles  of  Amendment and Restatement,Mr.Keating
ceased to  be a director of the Company.</remarks>
   <ownerSignature>
      <signatureName>/s/ Matthew A. Lux, Attorney-in-Fact</signatureName>
      <signatureDate>2004-01-06</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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