A revamped plan to build a 34-acre mixed-use development in Warner Center in Woodland Hills has been submitted to the city of Los Angeles, the developer announced Friday, Feb. 21.
Unibail-Rodamco-Westfield‘s Promenade 2035 project — to be located in Warner Center’s downtown district — would include public plazas and walkable streets along with new housing, entertainment venues, hotels, shops, cafes, restaurants and street-level retail.
A variety of housing
Fifteen percent of the initial housing units will be set aside for affordable, stakeholder and workforce housing, URW said, and a proposed entertainment and sports center has been downsized.
Larry Green, the company’s executive vice president of development, said he spent months meeting with residents and listening to their concerns regarding the project.
“We remain committed to delivering the highest quality project and look forward to continued community engagement as we move one step closer to delivering on our $1.5 billion-dollar investment in the heart of Los Angeles and the San Fernando Valley,” Green said in a statement.
Los Angeles Councilman Bob Blumenfield has worked closely with URW to ensure the project adds much-needed low income and workforce housing, good-paying jobs and community benefits.
“People who work in Warner Center should be able to afford to live there, and this is a step in the right direction,” he said. “I look forward to continuing to work together as the project is finalized.”
Five percent of the housing units are earmarked for very low-income households. Another 5% are for a voluntary workforce housing program targeting rents affordable to workers such as teachers and firefighters, and the remaining 5% would be set aside for a voluntary incentive program for local workers.
Those percentages apply to all of the 1,000-plus units in the initial phases of the project, URW said.
Downsized entertainment/sports center
The entertainment and sports center is viewed as an important element of Promenade 2035 — a catalyst for economic growth that would spur further investment in Warner Center.
The updated plans include a 45% reduction in height of the center, reducing it to 85 feet as opposed to 155 feet. The downsizing will result in a 30% reduction in the number of seats originally proposed.
Additional city design review will occur when the center’s operator is finalized.
Reconfigured parking
The revised project plan includes reconfigured parking facilities that are fully screened with retail and office at street frontages. The need for additional off-site parking during busy times, such as during holidays, is substantially reduced. But the demand could be managed with available parking at other nearby properties, including Westfield’s the Village and Topanga, the developer said.
The proposed refinements will result in reduced environmental and construction impacts, URW said. The revised project is set to be reviewed by the Los Angeles Planning Commission in March.
Unibail-Rodamco-Westfield specializes in owning, developing and managing shopping center throughout the U.S. and Europe. Locally, that includes Westfield Topanga & The Village, Westfield Santa Anita and Westfield Century City, among others.
"plan" - Google News
February 25, 2020 at 05:43AM
https://ift.tt/2Pjz7aY
Westfield unveils updated plan for new development in Warner Center - LA Daily News
"plan" - Google News
https://ift.tt/2un5VYV
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update
Bagikan Berita Ini
0 Response to "Westfield unveils updated plan for new development in Warner Center - LA Daily News"
Post a Comment