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Westfield plans $1.5 billion project to replace L.A. mall

10/19/2016

Once the mecca of “Valley Girls” lured by white marble interiors and retailers like Saks and I. Magnin, the Promenade Mall in Warner Center north of Los Angeles will be razed and replaced by a $1.5 billion mixed-use development.



Westfield, owner of the 43-year-old, 550,000-sq.-ft. mall, has announced a re-imagination of the site in line with the Los Angeles City Council’s Warner Center 2035 plan to urbanize the area.



In a brochure describing plans for “Promenade 2035,” Westfield Senior VP Larry Green states that the aim is to make Warner Center a “more transit-oriented, mixed-use destination that provides Valley residents with downtown opportunities without ever having to get in the car.”



The project will feature two acres of open space filled with 500 trees at ground level, plus five acres of elevated open space and rooftop gardens on nearly every building. Tree-lined avenues and sidewalks will encourage downtown-style socializing and shopping.



Two hotels with nearly 300 rooms each and 1,400 residential units are on the Promenade 2035 blueprints, as well as a 15,000-seat sports and concert arena. Some 150,000 sq. ft. of office space will also be built.



Some 244,000 sq. ft. of retail and dining opportunities will be comprised mostly of street-level storefronts and cafes, “creating intimate and diverse options to dine and shop,” reads the brochure.



Across the street from the Promenade site is Westfield’s recently opened $350 million Village at Topanga. Together with the existing Westfield Topanga shopping center, the Westfield campus houses 300-plus shops and eateries the likes of Cheesecake Factory, Target, Swarovski, Macy’s, Microsoft, H&M, Costco, Crate & Barrel, 24-Hour Fitness, and Eatsa.


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